Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today the tax treatment of the 2011 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2011 distributions paid with respect to Equity One, Inc. common stock (CUSIP #294752100 and traded under ticker symbol EQY) are as follows:

             
(Boxes 1a + 2a + 3)

Box 1a

Box 2a

Box 2b

 

Box 3

Cash Ordinary Total Unrecap
Record Payable Distribution Taxable Capital Sec. 1250

 

Nondividend

Date

Date

Per Share

Dividend (1)

Gain Distr.

Gain (2)

 

Distributions (3)

 

3/15/11 3/31/11 $0.220000 $0.113950 $0.019956 $0.016931

 

$0.086094

6/15/11 6/30/11 $0.220000 $0.113950 $0.019956 $0.016931

 

$0.086094

9/15/11 9/30/11 $0.220000 $0.113950 $0.019956 $0.016931

 

$0.086094

12/16/11 12/31/11 $0.220000   $0.113950   $0.019956   $0.016931

 

 

$0.086094

 
Totals $0.880000   $0.455800   $0.079824   $0.067724

 

 

$0.344376

 
(1) None of the ordinary dividend represents "qualified dividend income."  
(2) Amounts in Box 2b are included in Box 2a.    
(3) Amounts in Box 3 are also known as Return of Capital.
 

Shareholders are advised to consult their tax advisor about the specific tax treatment of Equity One's 2011 dividends.

ABOUT EQUITY ONE, INC.

As of September 30, 2011, Equity One owned or had interests in 199 properties, consisting of 176 shopping centers comprising approximately 20.7 million square feet, eight development or redevelopment properties, eight non-retail properties, and seven land parcels. Additionally, Equity One had joint venture interests in 16 shopping centers and two office buildings totaling approximately 2.7 million square feet.

Equity One, Inc.
Mark Langer, 305-947-1664
EVP and Chief Financial Officer