Pan Pacific Retail Properties Third Quarter Conference Call Announcement

Pan Pacific Retail Properties, Inc. (NYSE:PNP), the
largest neighborhood shopping center real estate investment trust
(REIT) focused exclusively on the West Coast, announced it would
release its third quarter 2005 results the morning of Thursday,
October 27, 2005. Pan Pacific will conduct a teleconference that same
day at 12:00 noon Eastern Time. Interested parties may participate in
this conference call by accessing the following:
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     Internet:             www.pprp.com
     Teleconference:       [phone]
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   Please access the website or call the conference center at least
fifteen minutes prior to the start of the call to download and install
any necessary computer audio software and/or register for the call.
   A replay will be available after the call through midnight Eastern
Time on November 27, 2005 by accessing:
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     Internet:             www.pprp.com
     Telephone:            [phone], account #286, 
                           confirmation #169132
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   ABOUT PAN PACIFIC RETAIL PROPERTIES

   Pan Pacific Retail Properties, Inc. is an equity real estate
investment trust (REIT) traded on the New York Stock Exchange under
the symbol PNP. The Company is the largest neighborhood shopping
center REIT focused exclusively on the West Coast. Pan Pacific's
portfolio currently totals 138 properties, encompassing approximately
22.5 million square feet of retail space. The portfolio is principally
diversified across five distinct regions in the Western United States:
Northern California, Southern California, Washington, Oregon and
Nevada.
   Pan Pacific specializes in the acquisition, ownership and
management of community and neighborhood shopping centers for everyday
essentials. The Company's strategy is aimed at generating long-term
stable cash flow through maintaining a diverse portfolio and tenant
base, balanced with consistent growth through implementing its
acquisition and property management programs.
   Pan Pacific is headquartered in Vista (San Diego), California, and
has regional offices located in Sacramento, California; Kent,
Washington; Portland, Oregon; and Las Vegas, Nevada.
   Additional information on Pan Pacific is available on the
Company's web site at www.pprp.com.