X0303 4 2010-06-22 0 0000798359 INVESTORS REAL ESTATE TRUST IRET 0001102721 WENTZ THOMAS A JR 3015 16TH STREET SW, SUITE 100 MINOT ND 58701 0 1 0 0 SVP & Chief Operating Officer Common Shares of Beneficial Interest 2010-06-22 4 A 0 4232 0 A 264712.195 D Common Shares of Beneficial Interest 467.399 I Held by Spouse Grant of stock bonus exempt under Rule 16b-3; awarded pursuant to 2008 Incentive Award Plan of IRET and IRET Properties. Includes approximately 220,692 common shares held by Wenco, Ltd, a partnership of which Mr. Wentz is the general partner. Mr. Wentz disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the partnership. Michelle R. Saari Attorney-in-Fact 2010-06-24