RPB Republic Property Tr

Republic Property Trust (NYSE: RPB) announced today the following tax treatment for its 2006 distributions. The CUSIP for the Common Shares of Republic Property Trust is 760737106. RecordDate PayableDate DistributionPer Share OrdinaryTaxableDividend TotalCapitalGain Return ofCapital1 Unrecap.Sec. 1250Gain2 1/24/06� 2/7/06� $0.027� �� �� $0.027� �� 5/12/06� 5/26/06� $0.206� �� �� $0.206� �� 7/31/06� 8/14/06� $0.206� �� �� $0.206� �� 10/31/06� 11/15/06� $0.206� �� �� $0.206� �� � (1) Represents a return of shareholder investment. � (2) Represents additional characterization of amounts included in Total Capital Gain. The distributions payable on February 15, 2007 to shareholders of record on January 31, 2007 are considered 2007 distributions for federal tax purposes. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Republic Property Trust distributions. About Republic Property Trust Republic Property Trust is a fully integrated, self-administered and self- managed real estate investment trust formed to own, operate, lease, acquire and develop primarily Class A office properties. The Company's current portfolio is focused in the Washington, D.C. metropolitan, or Greater Washington, D.C., market. Republic Property Trust also selectively seeks fee-based development opportunities for all real estate classes. Safe Harbor Various statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "strategy," "plan," "project," "believe," "anticipate," "intend," "should," "will," "expect," "estimate," and similar expressions identify these forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from historical results or from any results expressed or implied by these forward-looking statements, including without limitation: national and local economic, business, real estate and other market conditions; the competitive environment in which the Company operates; financing risks; property management risks; the level and volatility of interest rates; financial stability of tenants; the Company's ability to maintain its status as a REIT for federal income tax purposes; acquisition, disposition, development and joint venture risks; potential environmental and other liabilities; the Company's ability to pay its estimated distribution at its current rate; the impact of potential management changes; the Company's ability to acquire its options properties; the outcome of any material litigation; and other factors affecting the real estate industry generally. The Company refers you to the documents filed by it from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, each of which discusses these and other factors that could adversely affect the Company's results. The Company does not undertake a duty to update or revise any forward-looking statement whether as a result of new information, future events or otherwise.