X0202 4 2006-09-01 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001203113 RUBIN GEORGE F C/O PENN. REAL ESTATE INVESTMENT TRUST THE BELLEVUE, 200 S. BROAD ST. PHILADELPHIA PA 19102 1 1 0 0 Vice Chairman Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 300 42.26 D 169900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 600 42.07 D 169300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 700 42.17 D 168600 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 100 42.27 D 168500 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 1400 42.08 D 167100 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 100 42.18 D 167000 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 200 42.28 D 166800 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 500 42.09 D 166300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 200 42.19 D 166100 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 100 41.99 D 166000 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-01 4 S 0 100 42.29 D 165900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 200 42.1 D 165700 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 1100 42.3 D 164600 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 1800 42.31 D 162800 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 900 42.21 D 161900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 600 42.32 D 161300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 1800 42.22 D 159500 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 200 42.43 D 159300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 400 42.33 D 158900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 500 42.23 D 158400 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 100 42.04 D 158300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 200 42.44 D 158100 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 800 42.34 D 157300 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 300 42.24 D 157000 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2006-09-05 4 S 0 100 42.15 D 156900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 81885 D Shares of Beneficial Interest, par value $1.00 per share 7835 I By Trust Shares of Beneficial Interest, par value $1.00 per share 900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 500 I By Spouse Held by a trust of which Mr. Rubin is a beneficiary and a trustee. Held by Mr. Rubin indirectly through a trust of which he is a trustee. Held by a trust the beneficiary of which is Mr. Rubin's daughter. Mr. Rubin disclaims beneficial ownership of these shares. Held by Mr. Rubin's spouse. Mr. Rubin disclaims beneficial ownership of these shares. George F. Rubin 2006-09-06