Glenborough Realty Trust Declares Second Quarter Dividends

Glenborough Realty Trust Declares Second Quarter Dividends

Business Editors

SAN MATEO, Calif.–(BUSINESS WIRE)–June 16, 2003

Glenborough Realty Trust Incorporated (NYSE:GLB) announced today that the Board of Directors has declared a dividend of $0.43 per share of Common Stock, payable on July 15, 2003 to stockholders of record on July 1, 2003.

The Board of Directors also declared a dividend of $0.484375 per share on the Company’s 7.75% Series A Convertible Preferred Stock (NYSE:GLB PrA), payable on July 15, 2003 to stockholders of record on June 25, 2003.

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