Ramco Reports End of Tax Dispute

Ramco-Gershenson Properties Trust, Farmington Hills, Mich., has announced a favorable conclusion to a long-standing tax dispute with the Internal Revenue Service.The real estate investment trust said the IRS has allowed the statute of limitations (as previously extended) to expire for the taxable years 1996-2000. "No tax deficiencies were assessed, nor did the Internal Revenue Service choose to pursue its proposed disqualification of the company as a REIT with respect to any such taxable year," Ramco said. The shopping center REIT can be found on the Web at http://www.ramcogershenson.com.

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