National Retail Properties, Inc. Declares Dividend for Its Series C Preferred Stock

ORLANDO, Fla., May 15 /PRNewswire-FirstCall/ -- The Board of Directors
of National Retail Properties, Inc. ("Board") (NYSE: NNN), a real estate
investment trust, declared a quarterly dividend on its Series C Cumulative
Redeemable Preferred Stock of 46.09375 cents per depositary share payable
June 13, 2008 to shareholders of record on May 30, 2008. The dividend
represents an annualized rate of $1.84375 per depositary share.

National Retail Properties invests primarily in high-quality retail
properties subject generally to long-term, net leases. As of March 31,
2008, the company owned 931 Investment properties in 44 states with a gross
leasable area of approximately 11 million square feet. For more information
on the company, visit http://www.nnnreit.com .



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Source: Real Estate Newswire