New Plan Fourth Quarter and Year-End 2004 Earnings Conference Call

    Business Editors

    NEW YORK--(BUSINESS WIRE)--Jan. 18, 2005--New Plan Excel Realty Trust, Inc. (NYSE:NXL) will release its fourth quarter and year-end 2004 results the morning of Thursday, February 24, 2005. A teleconference with the Company's Chief Executive Officer, Glenn J. Rufrano, will be held on that same day at: 2:00 PM ET, 1:00 PM CT, 11:00 AM PT.

    If you would like to participate in the teleconference, please dial in to the following: Teleconference #: 1- 888-396-2369 (North America); 1-617-847-8710 (International); Please refer to passcode 93882554.

    For those who are not available to listen to the live teleconference, a rebroadcast will be available shortly after the call through midnight ET March 3, 2005 by dialing: Teleconference #: 1-888-286-8010 (North America); 1-617-801-6888 (International). Please refer to passcode 18687094.

    This call is being webcast by CCBN and can be accessed at New Plan's web site at www.newplan.com. Please click on Investor Information, then Audio Archives.

    The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

    New Plan Excel Realty Trust, Inc. is one of the nation's largest real estate companies, focusing on the ownership and management of community and neighborhood shopping centers. The Company operates as a self-administered and self-managed REIT, with a national portfolio of 403 properties, including 24 properties held through joint ventures, and total assets of approximately $3.8 billion. Its properties are strategically located across 35 states and include 381 community and neighborhood shopping centers, primarily grocery or name-brand discount chain anchored, with approximately 55.6 million square feet of gross leasable area, and 22 related retail real estate assets, with approximately 1.8 million square feet of gross leasable area. For additional information, please visit www.newplan.com.

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CONTACT: New Plan Excel Realty Trust, Inc. Stacy Lipschitz-Slater, 212-869-3000

KEYWORD: NEW YORK INDUSTRY KEYWORD: REAL ESTATE BUILDING/CONSTRUCTION EARNINGS CONFERENCE CALLS SOURCE: New Plan Excel Realty Trust, Inc.

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