AmREIT, Inc. Releases 2012 Dividend Tax Status

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AmREIT, Inc. Releases 2012 Dividend Tax Status

HOUSTON--(BUSINESS WIRE)-- AmREIT, Inc., a Houston based real estate company that has elected to be taxed as a real estate investment trust, released the tax status of dividends paid on its common stock for the year ended December 31, 2012.


The following table presents the federal income tax status of the dividends paid on both the Class A and Class B shares of common stock during the year ended December 31, 2012:

                      
Record Date  Payable Date  Total Distribution Per Share (Note A)  Taxable Ordinary Dividend (Box 1a)  Qualified Dividends (Box 1b)  Capital Gain Distribution (Box 2a)  Un-recaptured Section 1250 Gain

(Box 2b)

  Return of Capital - Non-Taxable (Box 3)
3/20/2012  3/30/2012  $ 0.2000  $ 0.13704  $ 0.00000  $ 0.00000  $ 0.00000  $ 0.06296
6/19/2012  6/29/2012  $ 0.2000  $ 0.13704  $ 0.00000  $ 0.00000  $ 0.00000  $ 0.06296
9/18/2012  9/28/2012  $ 0.2000  $ 0.13704  $ 0.00000  $ 0.00000  $ 0.00000  $ 0.06296
12/21/2012  12/31/2012  $ 0.2000  $ 0.13704  $ 0.00000  $ 0.00000  $ 0.00000  $ 0.06296
              

Note A- The Distributions paid on March 30thand June 29thhave been retroactively adjusted to reflect the one-for-two reverse split of our Class A Common shares upon the effectiveness of our initial public offering in July 2012.

In accordance with IRS Code Section 6045B, the company has posted Form 8937, Report of Organizational Actions Affecting Basis of Securities, which may be found at http://ir.amreit.com/news.aspx?iid=4161790. This form provides detailed information on the return of capital portion of the common share distributions.

About AmREIT, Inc.

AmREIT believes it has one of the highest quality grocery and drugstore anchored retail portfolios in the REIT sector.AmREIT's 29-year old established platform has localized acquisition, operation and redevelopment expertise in the most densely populated and affluent submarkets of five of the top markets in the US:Houston, Dallas, San Antonio, Austin and Atlanta.Texas is one of the best performing economies in the country and 91% of AmREIT's income is generated by its properties that are located in this market. AmREIT's core portfolio was 96.8% occupied as of September 30, 2012, and its top five tenants include Kroger, Landry's, CVS/Pharmacy, H-E-B and Publix.In addition, its same store Net Operating Income was a peer leading 6% increase in 2011 as compared to 2010.AmREIT has access to an acquisition pipeline through its value add joint ventures, including two leading institutional investors who partner with the company as local experts.AmREIT's shares are traded on the NYSE under the symbol "AMRE."For more information, please visitwww.amreit.com.



AmREIT, Inc.
Chad C. Braun, (713) 850-1400
cbraun@amreit.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

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