Weingarten Realty Investors Invites You to Join Its Fourth Quarter Earnings Conference Call on the Web HOUSTON, Feb. 20 /PRNewswire-FirstCall/ -- In conjunction with the Weingarten Realty Investors Fourth Quarter Earnings announcement, you are invited to listen to the Company's conference call that will be broadcast live over the internet on Monday, February 23, 2004 at 10:00 AM (Central Time) with Drew Alexander, President and Chief Executive Officer, Stanford Alexander, Chairman, Martin Debrovner, Vice Chairman, Steve Richter, Senior Vice President and Chief Financial Officer and Joe Shafer, Vice President and Controller. What: Weingarten Realty Investors Fourth Quarter Earnings When: Monday, February 23, 2004 at 10:00 AM Central Time Where: http://www.weingarten.com/ (Conference Call) or http://phx.corporate-ir.net/phoenix.zhtml?c=103077&p=IROL- eventDetails&EventId=839125 How: Live over the Internet -- Simply log on to one of the web addresses above Contact: Tracy Pursell, Director of Investor Relations, 713-866-6050 Weingarten Realty Investors is a Houston, Texas, based real estate investment trust with 321 income-producing properties in 19 states that span the southern part of the United States from coast to coast. Included in the portfolio are 259 neighborhood and community shopping centers, 61 industrial properties, and one office building (Company headquarters), aggregating 42.8 million square feet. The Company's common shares are listed on the New York Stock Exchange, trading under the symbol "WRI". If you are unable to participate during the live webcast, please visit http://www.weingarten.com/ where the event will be archived for 3 months. Simply go to the Investor Relations page of the WRI website. To access the replay by phone, dial (877) 519-4471, then enter replay pin #4224372. The replay will be available via telephone until 11:59 PM Central Time on February 24, 2004. (Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to .) Please visit Weingarten's website at http://www.weingarten.com/ Statements included herein that state the Company's or Management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company's regulatory filings with the Securities and Exchange Commission for information or factors, which may impact the Company's performance. DATASOURCE: Weingarten Realty Investors CONTACT: Tracy Pursell of Weingarten Realty Investors, +1-713-866-6050 Web site: http://www.weingarten.com/

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