SOUTHFIELD, Mich., Jan. 8 /PRNewswire/ -- Ramco-Gershenson Properties
Trust (NYSE: RPT) announced today that 2000 distributions on the company's
common shares of beneficial interest represent a 17.86% capital gain and a
19.71% return of capital.  The distributions for 2000 were based upon a
quarterly rate of $0.42 per share and an annual dividend distribution of
$1.68 per share.
    Ramco-Gershenson Properties Trust has a portfolio of 56 shopping centers,
with approximately 11.7 million square feet of gross leasable area, located in
Michigan, Ohio, Wisconsin, New Jersey, Maryland, Virginia, North Carolina,
South Carolina, Tennessee, Georgia, Alabama and Florida.  Headquartered in
Southfield, Michigan, the Company is a fully integrated, self-administered,
publicly-traded real estate investment trust (REIT).  The Trust owns,
develops, acquires and manages community shopping centers, regional malls and
single tenant retail properties, nationally.
    This press release contains forward-looking statements with respect to the
operation of certain of the Trust's properties.  Management of
Ramco-Gershenson believes the expectations reflected in the forward-looking
statements made in this document are based on reasonable assumptions.  Certain
factors could occur that might cause actual results to vary.  These include
general economic conditions, the strength of key industries in the cities in
which the Trust's properties are located, the performance of the Trust's
tenants at the Trust's properties and elsewhere, and other factors discussed
in the Trust's reports filed with the Securities and Exchange Commission.


              REPORTING INFORMATION (FORM 1099) - DISTRIBUTIONS

    The income tax treatment for 2000 distributions for Ramco-Gershenson
Properties Trust common shares of beneficial interest, CUSIP No. 751452202*,
traded on the New York Stock Exchange under ticker symbol RPT, is as follows:

                                              Gross      Taxable
   Declaration    Record        Payable   Distribution   Ordinary    Return of
     Date          Date           Date      Per Share    Dividend     Capital

    3/8/00        3/31/00      4/18/00      $0.4200      $0.2622     $0.0828
    6/7/00        6/30/00      7/18/00      $0.4200      $0.2622     $0.0828
    9/6/00        9/30/00     10/17/00      $0.4200      $0.2622     $0.0828
    12/6/00      12/31/00      1/16/01      $0.4200      $0.2622     $0.0828
                                    Total   $1.6800      $1.0488     $0.3312


                                                                  Unrecaptured
   Declaration    Record       Short-term   28 Percent 20 Percent Section 1250
      Date         Date       Capital Gain   Rate Gain  Rate Gain      Gain

    3/8/00        3/31/00        $0.00        $0.00      $0.0750       $0.00
    6/7/00        6/30/00        $0.00        $0.00      $0.0750       $0.00
    9/6/00        9/30/00        $0.00        $0.00      $0.0750       $0.00
    12/6/00      12/31/00        $0.00        $0.00      $0.0750       $0.00
                         Total   $0.00        $0.00      $0.3000       $0.00

    *Also applies to CUSIP #751452103, for shares of beneficial interest that
    have not been exchanged for common shares of beneficial interest in the
    Maryland Trust pursuant to a change of venue merger which changed the
    Trust's state of organization from Massachusetts to Maryland.

    The Company did not incur any foreign taxes.

    THIS INFORMATION REPRESENTS FINAL INCOME ALLOCATIONS.

    For further information on Ramco-Gershenson Properties Trust via facsimile
at no cost, dial 1-800-PRO-INFO and enter the company symbol RPT.

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