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VALLEY BUSINESS | BUSINESS ROUNDUP

PS Business Parks OKs Repurchase of Its Stock

March 07, 2000

PS Business Parks Inc., Glendale, said it has authorized the repurchase from time to time of up to 1 million shares of the company's common stock on the open market or in privately negotiated transactions, subject to market conditions.

PSB, an equity real estate investment trust, acquires, owns and operates business parks in 11 states.

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