Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that Edward Glickman, President and Chief Operating Officer, and Robert McCadden, Executive Vice President and Chief Financial Officer, will participate in a roundtable presentation at the Citi 2011 Global Property CEO Conference in Hollywood, Florida.

The Company's roundtable presentation is scheduled for Wednesday, March 16, 2011 at 10:50 a.m. Eastern Time. Individuals interested in listening to the presentation should dial (877) 211-0500 (domestic) or (201) 984-1145 (international) and enter the pass code 2038645.

About Pennsylvania Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls. Currently, the Company's portfolio consists of 49 properties, including 38 shopping malls, eight strip and power centers, and three development properties. The Company's properties are located in 13 states in the eastern half of the United States, primarily in the Mid-Atlantic region. The operating retail properties have approximately 33 million total square feet of space. PREIT is headquartered in Philadelphia, Pennsylvania. The Company's website can be found at www.preit.com. PREIT is publicly traded on the NYSE under the symbol PEI.

Pennsylvania Real Estate Investment Trust
Robert McCadden, 215-875-0735
EVP & CFO
or
Nurit Yaron, 215-875-0735
VP, Investor Relations