Inland Real Estate Corporation Pays November and Declares December Cash Dividend to Preferred Stockholders

  Inland Real Estate Corporation Pays November and Declares December Cash
  Dividend to Preferred Stockholders

Business Wire

OAK BROOK, Ill. -- November 15, 2012

Inland Real Estate Corporation (NYSE: IRC) today announced that it has paid a
cash dividend of $0.169271 per share on the outstanding shares of its 8.125%
Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share (the
“Preferred Stock”), to Preferred Stockholders of record at the close of
business on November 1, 2012.

In addition, the Company has declared a cash dividend of $0.169271 per share
on the outstanding shares of its Preferred Stock, payable on December 17,
2012, to Preferred Stockholders of record at the close of business on December
3, 2012.

About Inland Real Estate Corporation

Inland Real Estate Corporation is a self-administered and self-managed
publicly traded real estate investment trust that owns and operates open-air
neighborhood, community, power and lifestyle retail centers and single-tenant
properties located primarily in the Midwestern United States. As of September
30, 2012, the Company owned interests in 150 investment properties, including
42 owned through its unconsolidated joint ventures, with aggregate leasable
space of approximately 15 million square feet. Additional information on
Inland Real Estate Corporation is available at
http://www.inlandrealestate.com.

Certain statements in this press release may constitute "forward-looking
statements" within the meaning of the Federal Private Securities Litigation
Reform Act of 1995. Forward-looking statements are statements that do not
reflect historical facts and instead reflect our management’s intentions,
beliefs, expectations, plans or predictions of the future. Forward-looking
statements can often be identified by words such as “believe,” “expect,”
“anticipate,” “intend,” “estimate,” “may,” “will,” “should” and “could.”
Examples of forward-looking statements include, but are not limited to,
statements that describe or contain information related to matters such as
management’s intent, belief or expectation with respect to our financial
performance, investment strategy or our portfolio, our ability to address debt
maturities, our cash flows, our growth prospects, the value of our assets, our
joint venture commitments and the amount and timing of anticipated future cash
distributions. Forward-looking statements reflect the intent, belief or
expectations of our management based on their knowledge and understanding of
our business and industry and their assumptions, beliefs and expectations with
respect to the market for commercial real estate, the U.S. economy and other
future conditions. Forward-looking statements are not guarantees of future
performance, and investors should not place undue reliance on them. Actual
results may differ materially from those expressed or forecasted in
forward-looking statements due to a variety of risks, uncertainties and other
factors, including but not limited to the risks listed and described under
Item 1A”Risk Factors” in our Annual Report on Form 10-K for the year ended
December 31, 2011, as filed with the Securities and Exchange Commission (the
“SEC”) on February 27, 2012, as they may be revised or supplemented by us in
subsequent Reports on Form 10-Q and other filings with the SEC. Except as
otherwise required by applicable law, the Company disclaims any obligation or
undertaking to publicly release any updates or revisions to any
forward-looking statement in this release to reflect any change in the
Company's expectations or any change in events, conditions or circumstances on
which any such statement is based.

Contact:

Inland Real Estate Corporation (Investors/Analysts):
Dawn Benchelt, Investor Relations Director
(630) 218-7364
ir@inlandrealestate.com
or
Inland Real Estate Corporation (Media):
Joel Cunningham, Media Relations
(630) 218-8000 x4897
joel.cunningham@inlandrealestate.com
 
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