G. Rex Frazier

G. REX FRAZIER is President, Chief Operating Officer and a Director of
JP Realty, Inc., which is organized as a fully integrated Real Estate
Investment Trust and owns interests in 50 properties located throughout
the western part of the United States, and is primarily engaged in the
ownership, leasing, operation, management, development, redevelopment
and acquisition of retail properties. In his 25 years with JP Realty,
Inc., and its predecessor company, Mr. Frazier has served as Director of
Finance, Vice President of Finance, Executive Vice President and
currently serves as President, Chief Operating Officer and Director. He
is responsible for the overall operations of the business, which
includes the full line of development and ownership capabilities for
retail, office and industrial real estate. Mr. Frazier was heavily
involved in the process of structuring and coordinating the initial
public offering (IPO) of the predecessor operations to JP Realty, Inc.
in January 1994. Prior to joining JP Realty, Mr. Frazier practiced
Public Accounting with two of the then big eight accounting firms and is
a graduate of the University of Utah with a degree in Accounting.