Security Capital U.S. Realty Begins Trading on New York

24.06.1999, 19:57

Stock Exchange London (PROTEXT) - Security Capital U.S. Realty (NYSE: RTY)announced that its American Depositary Receipts (ADRs) begantrading this morning on the New York Stock Exchange (NYSE), underthe ticker symbol "RTY." The company's shares will continue to belisted and traded on the AEX Stock Exchange in Amsterdam (ISIN-Code: LU0060100673). Jeffrey A. Cozad, managing director, said, "Long term, weexpect the NYSE listing to unlock meaningful shareholder value asa larger universe of global investors takes advantage of theopportunity to invest in the company. SC-U.S. Realty currentlytrades at a 20+% discount to net asset value, which is highlyattractive to prospective investors given the company's strongasset base, double-digit growth rate and solid, investment-gradebalance sheet." 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. 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: Security Capital U.S. Realty Internet:http://www.newsaktuell.de Contact: Gwynne M. Murphy of SecurityCapital U.S. Realty +352-46-37-56-1 Web site: http://www.sc-usrealty.com

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