IPO Company Profile
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United Investors Realty Trust
5847 San Felipe, Suite 850, Houston, TX 77057 * (713) 781-2860

The company has been operating since 1989 as a private real estate investment trust engaged in the acquisition, ownership, management, leasing and redevelopment of neighborhood and community shopping centers.

Primary Underwriting Group
ManagerTierPhone
Morgan Keegan & Company, IncorporatedLead Manager (901) 529-5357
Dain Bosworth IncorporatedCo-manager (612) 371-2818
Scott & Stringfellow, Inc.Co-manager (804) 780-3267
Southwest Securities, Inc.Co-manager (214) 658-9495

Offering Information
NYSE:UIRT Financial: SIC 6798
Type of Shares:Common Shares Filing Date:6/18/97
U.S. Shares:7,600,000 Offer Date:3/9/98
Non-U.S. Shares:0 Filing Range:$10.00 - $11.00
Primary Shares:7,600,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:$0.70
Offering Amount: $79,800,000 Selling:$0.40
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:3,887,489

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Liddell, Sapp, Zivley, Hill & LaBoon
Bank's Law Firm: Winstead Sechrest & Minick
Auditor: Coopers & Lybrand

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 3/31/97 3/31/96 3/31/97
Revenue:$5.03$1.50$1.18Assets:$37.06
Net Income:$0.39$0.06$0.06Curr Assets:
EPS:$0.44$0.07$0.07Liabilities:$28.48
Prior EPS:$0.22Curr Liab:
Cash Flow/Oper:$0.35$0.26Equity:$8.58
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Use of Proceeds
The proceeds from the proposed offering will be used to repay certain mortgage and other indebtedness associated with the Properties, acquisitions of properties and for general corporate purposes.

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