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Stock Splits for TARR Tarragon Realty Investors

Announce Date Payable Date Ex Date Ratio Optionable
01/23/2003 02/14/2003 02/18/2003 3-2
12/17/2003 01/15/2004 01/16/2004 5-4
01/11/2005 02/10/2005 02/11/2005 3-2

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