SHOPPING Location Gross Leasable CENTERS of Property Square Feet Ashburn Village I, II & III  Ashburn, VA  185,537 Ashburn Village IV  Ashburn, VA  25,200  Beacon Center  Alexandria, VA  352,915  Belvedere Baltimore, MD 54,941 Boulevard Fairfax, VA 56,350 Clarendon Arlington, VA 6,940 Clarendon Station  Arlington, VA  4,868  Flagship Center  Rockville, MD  21,500  French Market  Oklahoma City, OK  244,724  Germantown Germantown, MD 26,241 Giant Baltimore, MD 70,040 The Glen  Lake Ridge, VA  112,639  Great Eastern  District Heights, MD  255,398  Hampshire Langley  Langley Park, MD  131,700  Kentlands Square  Gaithersburg, MD  109,922  Leesburg Pike  Baileys Crossroads, VA  97,880  Lexington Mall  Lexington, KY  315,719 Lumberton Lumberton, NJ 192,510 Olney Olney, MD 53,765 Ravenwood Baltimore, MD 87,350 Seven Corners  Falls Church, VA  560,998  Shops at Fairfax  Fairfax, VA  68,743 Southdale Glen Burnie, MD 484,115 SHOPPING Location Gross Leasable CENTERS of Property Square Feet Southside Plaza  Richmond, VA  341,891 South Dekalb Plaza  Atlanta, GA  162,793  Thruway Winston-Salem, NC 344,960 Village Center  Centreville, VA  143,100  West Park  Oklahoma City, OK  76,610  White Oak  Silver Spring, MD  480,156 SHOPPING CENTERS TOTAL 5,069,505 Avenel Business Park  Gaithersburg, MD  388,620  Crosstown Business Center Tulsa, OK 197,135 601 Pennsylvania Ave.  Washington, DC  225,414  Van Ness Square  Washington, DC  156,493  Washington Square  Alexandria, VA  234,775 OFFICE PROPERTIES TOTAL 1,202,437 TOTAL PORTFOLIO PROPERTIES 6,271,942 The Company has purchased 24 acres of vacant land  which is being developed as Broadlands Village, 19 acres  of vacant land in the Lansdowne community in Loudoun County, Virginia and a 1.25 acre site in the Clarendon area  of Arlington, Virginia, as future development and  redevelopment properties. 11 OFFICE PROPERTIES PORTFOLIO PROPERTIES Saul Centers’ portfolio properties are located  in Georgia, Kentucky, Maryland, New Jersey, Oklahoma, Virginia  and Washington, DC. Saul Centers’  properties are  located primarily  in the metropolitan Washington, DC/ Baltimore area,  representing  70% of the portfolio’s gross leasable area. ©