National Retail Properties, Inc. Announces Redemption of 5.125% Convertible Senior Notes Due 2028

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Dividend Earnings Other News Other News Orlando, Florida, June 5 , 2013 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it is notifying holders of its 5.125 % Convertible Senior Notes due 2028 (“Notes”) that the Company will redeem all outstanding Notes on July 11, 2013. The Notes will be redeemed in cash at a price equal to 100% of the principal amount of Notes being redeemed, plus accrued and unpaid interest to, but excluding, July 11, 2013. As of June 5, 2013, approximately $ 222.9 million aggregate principal amount of Notes remained outstanding.

Total Shareholder Return Comparison

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	-6.8%	0.0%	5.8%	8.0%	9.6%	10.3%	10.2%
Indices
* NAREIT Equity REIT Index (FNERTR)	-1.7%	2.8%	6.2%	6.1%	7.9%	8.6%	8.6%
* Morgan Stanley REIT Index (RMS G)	3.2%	2.8%	5.9%	5.9%	7.7%	8.5%	N/A
S&P 500 Index (SPX)	21.7%	9.9%	11.9%	11.3%	9.7%	7.9%	9.8%
* S&P 400 Index (MID)	15.5%	6.0%	8.9%	10.3%	9.9%	10.3%	10.8%

1 Year

5 Years

10 Years

15 Years

20 Years

25 Years

30 Years

NNN REIT

-6.8%

0.0%

5.8%

8.0%

9.6%

10.3%

10.2%

Indices

* NAREIT Equity REIT Index (FNERTR)

-1.7%

2.8%

6.2%

6.1%

7.9%

8.6%

* Morgan Stanley REIT Index (RMS G)

3.2%

2.8%

5.9%

7.7%

8.5%

N/A

S&P 500 Index (SPX)

21.7%

9.9%

11.9%

11.3%

9.7%

7.9%

9.8%

* S&P 400 Index (MID)

15.5%

6.0%

8.9%

10.3%

9.9%

10.3%

10.8%

For Periods Ending September 30, 2023. Total Return comprised of stock price appreciation plus dividends paid.

* NNN is a member of this index. Source: Bloomberg

National Retail Properties, Inc. Announces Redemption of 5.125% Convertible Senior Notes Due 2028

Release Type

Dividend Yield

Total Shareholder Return Comparison