Business & Finance
Mon, March 12, 2012 
NEWTON, Mass.--([ BUSINESS WIRE ])--Select Income REIT (NYSE: SIR) today announced that the underwriters of its initial public offering have exercised, in full, their over allotment option to purchase an additional 1,200,000 common shares of beneficial interest, raising additional net proceeds of approximately $24.2 million. The closing of the over allotment option is expected to occur on March 12, 2012.
A registration statement relating to the offering of the common shares of beneficial interest of SIR discussed above was declared effective by the Securities and Exchange Commission on March 6, 2012. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities acted as joint book running managers for the offering. Citigroup, RBC Capital Markets and UBS Investment Bank acted as joint lead managers. Morgan Keegan, PNC Capital Markets LLC, Santander and The Huntington Investment Company acted as co-managers for the offering. Copies of the prospectus can be obtained by contacting the offices of: Morgan Stanley & Co. LLC, Attention Prospectus Department,180 Varick Street, 2nd floor, New York, New York 10014; Attention: Prospectus Department, by email at prospectus@morganstanley.com; BofA Merrill Lynch, 4 World Financial Center, New York, New York 10080, by email at dg.prospectus_requests@baml.com; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York, by email at cmclientsupport@wellsfargo.com.
WARNING CONCERNING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON SIR'S PRESENT EXPECTATIONS, BUT THESE STATEMENTS ARE NOT GUARANTEED TO OCCUR. FOR EXAMPLE: THE FACT THAT THE UNDERWRITERS HAVE EXERCISED THEIR OPTION TO PURCHASE 1,200,000 SHARES MAY IMPLY THAT THE CLOSING OF THIS SALE OF SHARES WILL OCCUR; BUT THE CLOSING IS SUBJECT TO CONDITIONS CUSTOMARY IN TRANSACTIONS OF THIS TYPE AND MAY BE DELAYED OR MAY NOT OCCUR AT ALL. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.
