BRE Properties Announces Tax Status of 2012 Dividends

  BRE Properties Announces Tax Status of 2012 Dividends  Business Wire  SAN FRANCISCO -- January 17, 2013  BRE Properties, Inc. (NYSE:BRE), a leading real estate investment trust (REIT) with apartment communities located primarily in the major metropolitan markets of coastal California and metropolitan Seattle, announced today the 2012 dividend tax status of its distributions to shareholders. The 2012 distribution classifications are:   2012 Dividend Tax Status                                                                                               Common Shares Distribution (CUSIP 05564E106):                              Cash             Taxable                                                   Record         Payment         Distribution     Ordinary      Qualifying     Long-         Unrecaptured     Return of                                                                              Term Date         Date          Per Share      Dividend    Dividend     Capital     Section 1250   Capital                                                                              Gain          Gain 3/15/2012      3/30/2012       $0.385000        $0.151814     $0.000000      $0.172182     $0.061004        $0.000000 6/15/2012      6/29/2012       $0.385000        $0.151814     $0.000000      $0.172182     $0.061004        $0.000000 9/14/2012      9/28/2012       $0.385000        $0.151814     $0.000000      $0.172182     $0.061004        $0.000000 12/14/2012     12/31/2012    $0.385000      $0.151814   $0.000000    $0.172182   $0.061004      $0.000000                Total:        $1.540000      $0.607256   $0.000000    $0.688728   $0.244016      $0.000000                Percentage:   100%           39%         0%           45%         16%            0%                                                                                                              Series D Preferred Distribution (CUSIP 05564E601):                                                Taxable Record         Payment         Cash             Ordinary      Qualifying     Long-         Unrecaptured     Return of                                Distribution                                  Term Date         Date          Per Share      Dividend    Dividend     Capital     Section 1250   Capital                                                                              Gain          Gain 3/15/2012      3/30/2012       $0.421875        $0.166354     $0.000000      $0.188674     $0.066847        $0.000000 6/15/2012      6/29/2012       $0.421875        $0.166354     $0.000000      $0.188674     $0.066847        $0.000000 9/14/2012      9/28/2012       $0.421875        $0.166354     $0.000000      $0.188674     $0.066847        $0.000000 12/14/2012     12/31/2012    $0.421875      $0.166354   $0.000000    $0.188674   $0.066847      $0.000000                Total:        $1.687500      $0.665416   $0.000000    $0.754696   $0.267388      $0.000000                Percentage:   100%           39%         0%           45%         16%            0%                                                                                                               Wells Fargo Shareowner Services will distribute copies of IRS Form 1099-DIV to 2012 registered shareholders of record of BRE's common and preferred stock. Beneficial shareholders who held BRE's stock in "street name" during 2012 will receive the form from their bank, brokerage or nominee. BRE recommends shareholders consult a tax professional to determine how distributions should be reported on state and federal tax forms.  About BRE Properties  BRE Properties, based in San Francisco, California, focuses on the development, acquisition and management of apartment communities located primarily in the major metropolitan markets of Southern and Northern California and Seattle. BRE Properties is a real estate investment trust (REIT) listed in the S&P MidCap 400 Index. For more information on BRE Properties, please visit our website at www.breproperties.com.  Contact:  BRE Properties, Inc. Stephanie Andre, 415-445-3745  
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