SC-U.S. Realty Obtains Shareholder Approval of

Amendments to Articles of Incorporation Luxembourg (ots-PRNewswire) - SC-U.S. Realty (NYSE: RTY)(Amsterdam AEX Stock Exchange ISIN-Code: LU0060100673) todayannounced that its shareholders have approved amendments to thecompany's Articles of Incorporation, including certain mattersrelating to the listing of the company's American DepositaryReceipts on the New York Stock Exchange (which occurred on 24June 1999). (Photo: http://www.newscom.com/cgi-bin/prnh/19990624/HSTH025 ) The vote was confirmed at an Extraordinary General Meetingimmediately following the Annual General Meeting of Shareholdersheld on 30 June 1999. Of the total shares voted, 98.3% were votedin favour of the amendments. 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-U.S. Realty Internet:http://www.newsaktuell.de Contact: Gwynne M. Murphy of SC-U.S.Realty +352-46-37-56-1 Photo: http://www.newscom.com/cgi-bin/prnh/19990624/HSTH025 For assistance: PR Newswire PhotoDesk, (USA) 888-776-6555 or (USA) 201-369-3467 Web site:http://www.sc-usrealty.com

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.

PROTEXT