NEW YORK, June 29 /PRNewswire-FirstCall/ -- Cohen & Steers Institutional Realty Shares, Inc. (NASDAQ Symbol CSRIX, Cusip No. 19247U106) today declared a regular quarterly distribution of $0.315 per share*. The dividend distribution is payable on June 29, 2007 to shareholders of record on June 28, 2007, with an ex-dividend date of June 29 2007. * Please note that the distributions paid by the fund to shareholders are subject to recharacterization for tax purposes. The final tax treatment of these distributions is reported to shareholders on their 1099-DIV forms, which are mailed to shareholders after the close of each fiscal year. DATASOURCE: Cohen & Steers CONTACT: John J. McCombe, executive vice president, of Cohen & Steers Capital Management, Inc., +1-212-832-3232 Web site: http://www.cohenandsteers.com/

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