===================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 8-K
_____________
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 14, 2001
Konover Property Trust, Inc.
(Exact name of registrant as specified in its charter)
Maryland 001-11998 56-1819372
(State or other jurisdiction (Commission File Number) (IRS Employer Identification No.)
of incorporation)
3434 Kildaire Farm Road, Suite 200
Raleigh, North Carolina 27606
(Address of Principal Executive Offices)
(919) 372-3000
(Registrant's telephone number, including area code)
===================================================================
Item 9. Regulation FD Disclosure.
On August 14, 2001, the company learned that information was unintentionally
disclosed regarding an estimated dividend range of between $0.12 and $0.15 for
the annual period following completion of the outlet portfolio sale and
improvements to certain community centers. This information should not be relied
upon. As reported in our press release of August 13, 2001, the board of
directors is in the process of formulating a new dividend policy following
completion of the pending outlet portfolio sale, and no estimate of an annual
dividend range has been determined. Any estimate is a forward-looking statement
and may prove incorrect depending upon many factors, including the following:
. the timing and amount of improvements to certain community centers;
. the formulation by the board of directors of a new dividend policy;
. the financial condition of our tenants;
. increases in interest rates;
. leasing levels; and
. other factors detailed in our annual report on Form 10-K for the year
ending December 31, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
KONOVER PROPERTY TRUST, INC.
(Registrant)
Date: August 15, 2001 By: /s/ J. Michael Maloney
----------------------------------
Name: J. Michael Maloney
Title: President and CEO