X0101 42003-06-0500000798288NEW PLAN EXCEL REALTY TRUST INC NXL0001219404BRUMBERG LEONARD I 0100Executive Vice PresidentCommon Stock2003-06-054M0150014.00A6000DStock Option (right to buy)14.002003-06-054Mfalse15000D2001-09-252010-09-24Common Stock150070000DThe original option for 75,000 shares vests as follows: 54,000 shares vest in five equal annual installments beginning on September 25, 2001; the remaining 21,000 shares vest on September 25, 2008, subject to accelerated vesting based on the satisfaction of certain performance criteria.Steven F. Siegel, Attorney-in-Fact2003-06-06