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Boddie-Noell Properties Declares Dividend 

    CHARLOTTE, N.C., Jan. 14 /PRNewswire/ -- Boddie-Noell Properties, Inc.,
(Amex: BNP), a Charlotte, North Carolina based real estate investment trust,
today declared a regular quarterly dividend of $0.31 per share which will be
paid on February 15, 2000, to shareholders of record on February 1, 2000.
    More information may be obtained by calling the company's Corporate
Offices at (704) 944-0100 or on the Internet through the company website at
http://www.bnproperties.com .  Information requests may be emailed to the investor
relations department at investor.relations@bnproperties.com .
SOURCE Boddie-Noell Properties, Inc.



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  • http://www.bnproperties.com
    CONTACT:
    Philip S. Payne, Executive Vice President and
    CFO of Boddie-Noell Properties, Inc., 704-944-0100
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