Roberts Realty Investors, Inc. Announces Retirement of Founding Director Ben Spalding

Share Name	Share Symbol	Market	Type
	AMEX:RPI	AMEX	Common Stock

Share Name

Share Symbol

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Type

AMEX:RPI

AMEX

Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	1.40				0	01:00:00

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% Change

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0.00

0.00%

1.40

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Roberts Realty Investors, Inc. Announces Retirement of Founding Director Ben Spalding

29/09/2009 3:00pm

PR Newswire (US)

Roberts (AMEX:RPI)
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ATLANTA, Sept. 29 /PRNewswire-FirstCall/ -- Roberts Realty Investors, Inc. (NYSE Amex: RPI) announces that Mr. Ben A. Spalding, who has served on the company's board of directors since 1994, is retiring from the board effective at the 2009 annual meeting of shareholders to be held today. Mr. Charles S. Roberts, the company's CEO, stated: "Ben was one of our founders and has been a valuable and dedicated member of our board since 1994. He has played an essential role in our company as the primary liaison to our Atlanta shareholder base through his decades-long relationships with many of our key shareholders." Mr. Spalding was the sole shareholder and President of Spalding & Company, a broker-dealer that offered and sold interests in real estate limited partnerships sponsored by Mr. Roberts beginning in 1980 and lasting through the mid-90's. Before forming Spalding & Company, Mr. Spalding held several sales and executive positions with Johnson & Johnson in the health care field. He has served diligently as a volunteer in numerous positions with civic and charitable organizations, including serving as a National Trustee of the Cystic Fibrosis Foundation and a member of the Board of Trustees of the Metro-Atlanta Crime Commission. He received the Cystic Fibrosis Dick Goldschmidt Award in 1986 for his tireless efforts on behalf of the Cystic Fibrosis Foundation. Mr. Roberts added: "We will miss having Ben as a director, and we wish him well in his richly deserved retirement." Roberts Realty Investors, Inc. is a self-administered, self-managed equity real estate investment trust based in Atlanta. DATASOURCE: Roberts Realty Investors, Inc. CONTACT: Charles S. Roberts, Chief Executive Officer, Roberts Realty Investors, Inc., +1-770-394-6000, Fax: +1-770-551-5914

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