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## MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED SHAREHOLDER MATTERS 

The common shares commenced trading on the New York Stock Exchange on May 28, 1993. The ini- tial public offering price was $22.50 per share. The following table sets forth the high and low sales prices of the common shares as reported on the New York Stock Exchange Composite Tape, during the peri- ods indicated: 

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As of February 1, 2004, there were approximately 710 shareholders of record. Certain of our debt agree- ments limit the payment of dividends such that dividends shall not exceed FFO, as defined in the agree- ments, for the prior fiscal year on an annual basis or 95% of FFO on a cumulative basis. Based on con- tinuing favorable operations and available funds from operations, we intend to continue to pay regular quarterly dividends. 

