Common Stock: Unrecap- Total tured Distri- Total Section Nondividend Record Payment bution Ordinary Capital Gain 1250 Distri- Date Date Per Share Dividends Distribution Gain(1) butions(2) 03/12/08 03/26/08 $0.650000 $0.283789 $0.268729 $0.220061 $0.097482 06/11/08 06/25/08 0.650000 0.283789 0.268729 0.220061 0.097482 09/10/08 09/24/08 0.650000 0.000000 0.552519 0.452454 0.097481 12/10/08 12/24/08 0.325000 0.276260 0.000000 0.000000 0.048740 Totals $2.275000 $0.843838 $1.089977 $0.892576 $0.341185
The income tax treatment for the 2008 Series D Preferred distributions for Parkway Properties, Inc. CUSIP #70159Q40-1 traded on the New York Stock Exchange under ticker symbol PKY PrD is as follows:
Series D Preferred Stock: Unrecap- Total tured Distri- Total Section Nondividend Record Payment bution Ordinary Capital Gain 1250 Distri- Date Date Per Share Dividends Distribution Gain(1) butions(2) 03/31/08 04/15/08 $0.500000 $0.330778 $0.169222 $0.138575 $0.000000 06/30/08 07/15/08 0.500000 0.330778 0.169222 0.138575 0.000000 09/30/08 10/15/08 0.500000 0.000000 0.500000 0.409447 0.000000 12/31/08 01/15/09 0.500000 0.500000 0.000000 0.000000 0.000000 Totals $2.000000 $1.161556 $0.838444 $0.686597 $0.000000
(1) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution amount.
(2) Return of Capital
Of the total ordinary dividends paid during 2008, none are considered
qualifying dividends for purposes of the 15% income tax rate as added by the
2003 Tax Act. The Company did not incur any foreign taxes. Should you need
any additional information, call
Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a
self-administered real estate investment trust specializing in the operation,
leasing, acquisition, and ownership of office properties. The Company is
geographically focused on the Southeastern and
Parkway Properties, Inc.'s press releases and additional information about the Company are available on the World Wide Web at www.pky.com.
CONTACT: J. MITCHELL COLLINS, CHIEF FINANCIAL OFFICER
SARAH P. CLARK, SENIOR VICE PRESIDENT
(601) 948-4091
(Logo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO )
SOURCE Parkway Properties, Inc.