WINTHROP REALTY TRUST

AT THE COMPANY
Beverly Bergman
(617) 570-4614

      WINTHROP REALTY TRUST ANNOUNCES FINAL SPECIAL DIVIDEND AMOUNT ON ITS
                         COMMON SHARES OF $.18 PER SHARE

      FOR IMMEDIATE RELEASE - BOSTON, December 26 /PRNewswire-FirstCall/
-Winthrop Realty Trust (NYSE:FUR) announced today that the previously announced
special dividend payable on its common shares of beneficial interest has been
set at $.18 per common share. As previously announced on December 20, 2007, the
special dividend amount was to be increased above the $.12 previously reported
based on the amount of the special dividend payable on the 3,500,000 common
shares of beneficial interest in Lexington Realty Trust ("Lexington") held by
the Trust. Lexington has announced a $2.10 special dividend on its common
shares. As previously reported, the $.18 special dividend along with the Trust's
regular quarterly dividend of $.065 per common share are payable on January 15,
2008 to common shareholders of record on December 31, 2007.

      Similarly, the special dividend payable on the Trust's Cumulative
Convertible Redeemable Preferred Share of Beneficial Interest ("Series B-1
Share") has been set at $.7639 per Series B-1 Share and is payable on January
31, 2008 to Series B-1 Shareholders of record on December 31, 2007.

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      Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT)
headquartered in Boston, Massachusetts. Additional information on Winthrop
Realty Trust is available on its Web site at www.winthropreit.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995. With the exception of the historical information contained in this news
release, the matters described herein contain "forward-looking" statements that
involve risk and uncertainties that may individually or collectively impact the
matters herein described. These are detailed from time to time in the "Risk
Factors" section of the Company's SEC reports. Further information relating to
the Company's financial position, results of operations, and investor
information is contained in our annual and quarterly reports filed with the SEC
and available for download at our website www.winthropreit.com or at the SEC
website www.sec.gov.