Saul Centers Declares Quarterly Preferred Stock Dividends

          Saul Centers Declares Quarterly Preferred Stock Dividends

PR Newswire

BETHESDA, Md., Feb. 13, 2013

BETHESDA, Md., Feb. 13, 2013 /PRNewswire/ --Saul Centers, Inc. (NYSE: BFS)
has declared the quarterly dividends for its 8% Series A Cumulative Redeemable
Preferred Stock in the amount of $0.50 per depositary share, 9% Series B
Cumulative Redeemable Preferred Stock in the amount of $0.5625 per depositary
share and 6.875% Series C Cumulative Redeemable Preferred Stock in the amount
of $0.4297 per depositary share. The preferred dividends will be paid April
15, 2013 to holders of record on April 5, 2013.

Saul Centers is a self-managed, self-administered equity real estate
investment trust headquartered in Bethesda, Maryland. Saul Centers currently
operates and manages a real estate portfolio of 59 community and neighborhood
shopping center and office/mixed-use properties totaling approximately 9.5
million square feet of leasable area. Over 85% of the Company's cash flow is
generated from properties in the metropolitan Washington, DC/Baltimore area.

More information about Saul Centers is available on the Company's website at
www.saulcenters.com.

SOURCE Saul Centers, Inc.

Website: http://www.saulcenters.com
Contact: Scott V. Schneider, +1-301-986-6220