PGE Prime Grp. Realty Tr

Prime Mansur Announces it is Immediately Instituting Litigation Against Prime Group Realty Trust Asserting its Rights Under Current Merger Agreement CHICAGO, Dec. 8 /PRNewswire/ -- Prime/Mansur announced today that its attorneys, Skadden, Arps, Slate, Meagher & Flom LLP, are instituting litigation immediately against Prime Group Realty Trust (NYSE:PGE) asserting its rights under the current merger agreement. E. Barry Mansur, controlling shareholder of Prime/Mansur said today, "Prime has wrongfully attempted to terminate our jointly executed Merger Agreement which continues to be in effect." "Pursuant to the Merger Agreement, on November 9, 2004, Prime/Mansur supplied a firm financing commitment for $122 million of acquisition financing which fully complied with the terms of the Merger Agreement and was consistent with all previous discussions with the company and its legal counsel." According to Mansur, the parties continue with ongoing negotiations to resolve their differences and complete the merger transaction. DATASOURCE: Prime/Mansur CONTACT: E. Barry Mansur, Chairman and Chief Executive Officer, Mansur & Company, Prime/Mansur Investment Partners LLC, +1-312-263-2400

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