SC-U.S. Realty Increases Share Repurchase Programme to

$200 Million - WITH PHOTO - Luxembourg (PROTEXT) - SC-U.S. Realty (NYSE: RTY; AmsterdamAEX Stock Exchange ISIN-Code: LU0060100673) announced today thatits Board of Directors has authorised an increase in thecompany's share repurchase programme to $200 million. Sinceannouncing the initial $100 million repurchase programme on 5 May1999, the company has repurchased 6,030,255 shares for anaggregate cost of $117,955,550, representing approximately 7.0%of the company's shares outstanding. Additional share repurchasesare expected to be made in open market and privately negotiatedtransactions, depending on market prices and other conditions,and may be discontinued at any time. If the remainingapproximately $82 million of the authorised $200 millionprogramme were fully executed, at current market prices, therepurchase in aggregate would represent approximately 12.0% ofthe company's shares outstanding prior to launching the original$100 million programme. The 12.0% would include the 7.0% alreadyrepurchased. (Photo: http://www.newscom.com/cgi-bin/prnh/19990624/HSTH025For assistance: PR Newswire Photo Desk, 888-776-6555 or 201-369-3467 ) SC-U.S. Realty is a research-driven, growth-orientated realestate company focused on taking significant strategic investmentpositions in value-added real estate operating companies based inthe United States. SC-U.S. Realty's strategic investments as of31 March 1999 included ownership positions and commitments to sixU.S. real estate operating companies with a combined marketcapitalisation of approximately $8.3 billion. News releases and company information are available on thecompany's Internet web site at http://www.sc-usrealty.com. All monetary figures are expressed in United States currency. In addition to historical information, this press releasecontains forward-looking statements. These statements are basedon current expectations, estimates and projections about theindustry and markets in which Security Capital U.S. Realtyoperates, management's beliefs and assumptions made bymanagement. Forward-looking statements are not guarantees offuture performance and involve certain risks and uncertaintiesthat are difficult to predict. Actual operating results may beaffected by changes in international, national or local economicconditions, competitive market conditions, and conditions in thesecurities markets, and therefore, may differ materially fromwhat is expressed or forecasted in this press release. otsOriginal Text Service: SC-US Realty Internet:http://www.newsaktuell.de Contact: W. Scott Hartman of SC-U.S.Realty, +352-46-37-56-1 Photo: http://www.newscom.com/cgi-bin/prnh/19990624/HSTH025 For assistance: PR Newswire Photo Desk,888-776-6555 or 201-369-3467 Web site: http://www.sc-usrealty.com

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