Regency Centers Announces CFO Bruce Johnson's Appointment to Its Board of Directors

JACKSONVILLE, Fla.--()--Aug. 11, 2004--Regency (NYSE:REG) announced today that Bruce Johnson, the company's Chief Financial Officer, has been appointed to the company's Board of Directors. The appointment of Mr. Johnson expands Regency's board to eleven members. Eight of the eleven members are independent directors. Mr. Johnson has been with Regency for 25 years and has served as Chief Financial Officer for the last 11 years.

"Bruce has been an integral part of Regency's remarkable growth and accomplishments since 1979. He has been an invaluable partner in Regency's successful transformation from a regional operator and developer into one of the nation's premier real estate operating companies. Not only has Bruce played a key role in creating and making Regency's vision a reality, he also embodies Regency's core values. Bruce's insights, breadth of experience, real estate knowledge, and capital markets expertise will be a valuable addition to our board," said Chairman and Chief Executive Officer Martin E. Stein, Jr.

Prior to joining Regency, Mr. Johnson served as Vice President of Barnett Winston Trust where he oversaw asset management and disposition of a diversified real estate portfolio. Mr. Johnson earned a master's of science degree in real estate from the University Of Wisconsin Graduate School Of Business.

Regency Centers Corporation (NYSE:REG)

Regency is the leading national owner, operator, and developer focused on grocery-anchored, neighborhood retail centers. Regency's total assets before depreciation are $3.5 billion. As of June 30, 2004, the Company owned 260 retail properties, including those held in joint ventures, totaling 30 million square feet located in high growth markets throughout the United States. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.

Contacts

Regency Centers Corporation, Jacksonville
Lisa Palmer, 904-598-7636

Contacts

Regency Centers Corporation, Jacksonville
Lisa Palmer, 904-598-7636