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This excerpt taken from the WRI 8-K filed Feb 20, 2008. Basis of
Presentation - The accompanying Historical Summary has been prepared for
the purpose of complying with the provisions of Article 3-14 of Regulation S-X
promulgated by the Securities and Exchange Commission (the "SEC"), which
requires certain information with respect to real estate acquisitions to be
included with certain filings with the SEC. The Historical Summary
for the year ended December 31, 2006 includes the historical revenues and
certain operating expenses of the Portfolio, exclusive of interest, management
fees, corporate level general and administrative expenses and depreciation and
amortization, which may not be comparable to the future operations of the
Portfolio.
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