JP Realty, Inc. Schedules Earnings Release and First Quarter Conference Call

Apr 17, 2001, 01:00 ET from JP Realty, Inc.

    SALT LAKE CITY, April 17 /PRNewswire/ -- JP Realty, Inc. (the "Company")
 (NYSE:   JPR) announced today that it will release financial results for the
 first quarter on Thursday, May 3, 2001, before the New York Stock Exchange
 trading day begins.  The Company will host a conference call and an audio
 webcast, both of which will be open to the general public beginning at
 10:30 a.m. EDT on Thursday, May 3, 2001, to discuss the financial results of
 the first quarter and provide a Company update.
     To participate in the Company's conference call, please dial
 (800) 818-5264, and enter the confirmation code number 632588.  A live webcast
 will also be available coinciding with this conference call and will be
 available on JP Realty's web site at www.jprealty.com on the "Investor
 Information" portion of the site and at www.streetevents.com.  If you are
 unable to participate in the Company's quarterly conference call, an audio
 playback will be available for a two-week period starting Thursday, May 3,
 2001, at 1:30 p.m. EDT by dialing (888) 203-1112 and entering code number
 632588.  In addition, a replay will be available at www.jprealty.com on the
 "Investor Information" portion of the site.
     JP Realty, Inc., is a fully integrated, self-administered and self-managed
 Real Estate Investment Trust that engages in the ownership, leasing,
 operation, management, development, redevelopment, and acquisition of
 properties in Utah, Idaho, Arizona, Nevada, Washington, California, Wyoming,
 New Mexico, Colorado, and Oregon.
     The Company owns or has an interest in 50 properties, which consist of
 eighteen (18) enclosed regional malls, twenty-five (25) anchored community
 centers, one (1) free-standing retail property and six (6) mixed-use
 commercial/business properties, containing an aggregate of over 15.1 million
 square feet of Gross Leasable Area (GLA) in 10 western states.
 
     NOTE:  News releases and other information regarding JP Realty, Inc., can
 be accessed on the Internet at: http://www.jprealty.com
 
     This release may contain "forward-looking statements" within the meaning
 of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
 the Securities Exchange Act of 1934, as amended, and as such may involve known
 and unknown risks, uncertainties and assumptions.  Actual future performance,
 achievements and results of the Company may differ materially from those
 expressed or implied by such forward-looking statements as a result of such
 known and unknown risks, uncertainties, assumptions and other factors.
 Representative examples of these factors include, without limitation, general
 industry and economic conditions, interest rate trends, cost of capital and
 capital requirements, availability of real estate properties, competition from
 other companies and venues for the sale/distribution of goods and services,
 shifts in customer demands, tenant bankruptcies, governmental and public
 policy changes and the continued availability of financing in the amounts and
 on the terms necessary to support the future business of the Company.
 Investors are cautioned that the Company's actual results could differ
 materially from those set forth in such forward-looking statements.
 
 

SOURCE JP Realty, Inc.
    SALT LAKE CITY, April 17 /PRNewswire/ -- JP Realty, Inc. (the "Company")
 (NYSE:   JPR) announced today that it will release financial results for the
 first quarter on Thursday, May 3, 2001, before the New York Stock Exchange
 trading day begins.  The Company will host a conference call and an audio
 webcast, both of which will be open to the general public beginning at
 10:30 a.m. EDT on Thursday, May 3, 2001, to discuss the financial results of
 the first quarter and provide a Company update.
     To participate in the Company's conference call, please dial
 (800) 818-5264, and enter the confirmation code number 632588.  A live webcast
 will also be available coinciding with this conference call and will be
 available on JP Realty's web site at www.jprealty.com on the "Investor
 Information" portion of the site and at www.streetevents.com.  If you are
 unable to participate in the Company's quarterly conference call, an audio
 playback will be available for a two-week period starting Thursday, May 3,
 2001, at 1:30 p.m. EDT by dialing (888) 203-1112 and entering code number
 632588.  In addition, a replay will be available at www.jprealty.com on the
 "Investor Information" portion of the site.
     JP Realty, Inc., is a fully integrated, self-administered and self-managed
 Real Estate Investment Trust that engages in the ownership, leasing,
 operation, management, development, redevelopment, and acquisition of
 properties in Utah, Idaho, Arizona, Nevada, Washington, California, Wyoming,
 New Mexico, Colorado, and Oregon.
     The Company owns or has an interest in 50 properties, which consist of
 eighteen (18) enclosed regional malls, twenty-five (25) anchored community
 centers, one (1) free-standing retail property and six (6) mixed-use
 commercial/business properties, containing an aggregate of over 15.1 million
 square feet of Gross Leasable Area (GLA) in 10 western states.
 
     NOTE:  News releases and other information regarding JP Realty, Inc., can
 be accessed on the Internet at: http://www.jprealty.com
 
     This release may contain "forward-looking statements" within the meaning
 of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
 the Securities Exchange Act of 1934, as amended, and as such may involve known
 and unknown risks, uncertainties and assumptions.  Actual future performance,
 achievements and results of the Company may differ materially from those
 expressed or implied by such forward-looking statements as a result of such
 known and unknown risks, uncertainties, assumptions and other factors.
 Representative examples of these factors include, without limitation, general
 industry and economic conditions, interest rate trends, cost of capital and
 capital requirements, availability of real estate properties, competition from
 other companies and venues for the sale/distribution of goods and services,
 shifts in customer demands, tenant bankruptcies, governmental and public
 policy changes and the continued availability of financing in the amounts and
 on the terms necessary to support the future business of the Company.
 Investors are cautioned that the Company's actual results could differ
 materially from those set forth in such forward-looking statements.
 
 SOURCE  JP Realty, Inc.