MRTI Maxus Realty Trust (MM)

Maxus Realty Trust Declares Second Quarter Dividend KANSAS CITY, Mo., Aug. 20 /PRNewswire-FirstCall/ -- Maxus Realty Trust, Inc. (NASDAQ:MRTI), a real estate investment trust (the "Trust") announced that its Board of Trustees declared a cash dividend of $0.25 per share payable to the holders of record on August 31, 2004 of the Trust's $1.00 par value, common stock. The Board anticipates that the dividend will be paid on September 21, 2004. The Trust makes equity investments in income-producing properties, principally multi-family housing. Contact: Christine A. Robinson, Secretary Maxus Realty Trust, Inc. 104 Armour Road North Kansas City, Missouri 64116 Phone: (816) 303-4500 Fax: (816) 221-1829 DATASOURCE: Maxus Realty Trust, Inc. CONTACT: Christine A. Robinson, Secretary of Maxus Realty Trust, Inc., +1-816-303-4500, fax, +1-816-221-1829

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