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

    

ORLANDO, FL, Aug. 15, 2011/PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (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 September 15, 2011, to shareholders of record on August 31, 2011.

 The dividend represents an annualized rate of $1.84375 per depositary share.

 National Retail Properties, Inc. Announces Put Option Notification for 3.95% Convertible Senior Notes

ORLANDO, FL Aug. 15, 2011 /PRNewswire/ --National Retail Properties, Inc. (NYSE: NNN) (the "Company") today announced that it is notifying holders of its outstanding 3.95% Convertible Senior Notes due 2026 (the "Notes") that, pursuant to the terms of the Notes and the indenture governing the Notes, they have the option to require the Company to purchase, on September 20, 2011 (the "Repurchase Date"), all or a portion of their Notes (the "Put Option") at a price equal to 100% of the principal amount of the Notes, plus any accrued and unpaid interest to, but not including, the Repurchase Date.

 The Company will pay for any Notes validly surrendered and not validly withdrawn with cash. 

For a complete copy of the company’s news release, please contact

Kevin B. Habicht, Chief Financial Officer, +1-407-265-7348

For more information on the company, visit www.nnnreit.com.