2014

Mission West Properties, Inc. Announces 2010 Dividend Income Tax Treatment

CUPERTINO, Calif., Jan. 24, 2011 /PRNewswire/ -- Mission West Properties, Inc. (Nasdaq: MSW) announced today the tax treatment of its 2010 dividend distributions on its Common Stock. The table below shows the amounts and dates of the quarterly dividend distributions to be reported on the 2010 Form 1099-DIV to shareholders.


Declaration Date

Record Date

Payable Date

Total

Distribution

per Share

2010

Taxable Ordinary

Income

2010

Long-Term

Capital Gain

03/24/2010

04/02/2010

04/08/2010

$0.1500

$0.1256

$0.0244

06/17/2010

06/30/2010

07/08/2010

0.1500

0.1256

0.0244

09/16/2010

09/30/2010

10/07/2010

0.1500

0.1256

0.0244

12/16/2010

12/31/2010

01/06/2011

0.1500

0.1256

0.0244

Totals:

$0.6000

$0.5024

$0.0976

Percentages:

100%

83.7%

16.3%




The dividends classified as taxable ordinary income are not "qualified dividend income" and, therefore, are not eligible for capital gains rates. Dividend distributions which are declared and recorded during a calendar year and paid within 30 days of the end of the year are included in that year's distributions. Accordingly, the Company's 2010 dividend distributions include the January 6, 2011 payment to holders of Common Stock.

Company Profile

Mission West Properties, Inc. operates as a self-managed, self-administered and fully integrated REIT engaged in the management, leasing, marketing, development and acquisition of commercial R&D properties primarily located in the Silicon Valley portion of the San Francisco Bay Area. Currently, the Company manages 111 properties totaling approximately 8.0 million rentable square feet. For additional information, please contact Investor Relations at 408-725-0700.

SOURCE Mission West Properties, Inc.



RELATED LINKS
http://www.missionwest.com

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