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01/22/2010
PEI $9

Pennsylvania REIT PEI traded DOWN ($0.46) per share to close DOWN (5%) day

PEI performed in line with Retail REITs, up 14% for 2009
PEI traded UP +8% year to date for 2010

PEI pending proposals for new regulation of financial institutions may impact consumer demand for 2010

PEI previous guidance indicates FFO may decline (21%) for 2009

PEI a Retail REIT with a portfolio of regional malls and power centers in mid-Atlantic states

PEI we rank 2 BUY

PEI market cap $406 million

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