PS Business Parks, Inc. Announces Tax Treatment of 2017 Dividends - Seite 2

The Company has determined that -0.1920% of each distribution to its common shareholders for the tax year ended December 31, 2017 consists of alternative minimum tax adjustments (i.e., for each $1 of dividend reportable by a shareholder, $0.00192 represents a negative alternative minimum tax adjustment). To determine your share of the Company’s alternative minimum tax adjustments, multiply the aggregate dollar amount of your reportable 2017 dividends from the Company (the sum of the amounts shown in Boxes 1a and 2a of the Company’s 2017 Form 1099-DIV) by -0.00192.

If you are an individual, please refer to Internal Revenue Service Form 6251, Alternative Minimum Tax—Individuals. Your share of alternative minimum tax adjustments should be input as a negative amount in Part I, Line 18 (depreciation on assets placed in service after 1986). A corporation’s share of alternative minimum tax adjustments should be input as a negative amount on Internal Revenue Service Form 4626, Alternative Minimum Tax—Corporations, on line 2a (depreciation of post-1986 property).

If you have questions, please consult your tax advisor for further guidance.

Company Information

PS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial space. The Company defines “flex” space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of December 31, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 customers concentrated in six states and a 95.0% interest in 395 apartments.

Additional information about PS Business Parks, Inc. is available on the Internet. The Company’s website is psbusinessparks.com.

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