Weingarten Realty Investors Announces 3 for 2 Share Split Effective HOUSTON, March 30 /PRNewswire-FirstCall/ -- Weingarten Realty Investors announced that the 3 for 2 share split declared by its Board of Trust Managers on February 20, 2004 will take effect at the close of business today, March 30, 2004. Shares of the Company will begin trading at a split- adjusted price when the market opens on March 31, 2004. Weingarten Realty Investors is a Houston, Texas based real estate investment trust with 334 income-producing and new development properties in 20 states that spans the southern half of the United States from coast to coast. Included in the portfolio are 273 neighborhood and community shopping centers and 61 industrial properties aggregating 44.6 million square feet. The Company's common shares are listed on the New York Stock Exchange, trading under the symbol "WRI". Please visit Weingarten's web site 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. http://www.newscom.com/cgi-bin/prnh/19991216/WRILOGO 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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