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2015-03-24

Gazit-Globe: Gazit-Globe Declares a Dividend of NIS 0.46 Per Share

TEL-AVIV, Israel, March 24, 2015 (GLOBE NEWSWIRE) -- Gazit-Globe (NYSE:GZT)
(TSX:GZT) (TASE:GZT), one of the world's leading multi-national real estate
companies focused on acquisition, development and redevelopment of
supermarket-anchored shopping centers in major urban markets declared a
quarterly cash dividend of NIS 0.46 per share payable on April 14, 2015 to
shareholders of record as of April 7, 2015. The dividend represents an
annualized distribution of NIS 1.84 per share. Since initiating its dividend
in 1998, Gazit-Globe has increased its annual dividend for 16 consecutive
years.

Holders of Gazit-Globe's shares on the NYSE and TSX will receive their
distribution in U.S. dollars based on the NIS exchange rate as of the record
date. Canadian shareholders may request that their brokers convert their
payment in U.S. dollars into Canadian dollars.

About Gazit-Globe

Gazit-Globe is one of the largest owners, developers and operators of
predominantly supermarket-anchored shopping centers in major urban markets
around the world. Gazit-Globe is listed on the New York Stock Exchange
(NYSE:GZT), the Toronto Stock Exchange (TSX:GZT) and the Tel Aviv Stock
Exchange (TASE:GZT) and is included in the TA-25 and Real-Estate 15 indices
in Israel. Gazit-Globe owns and operates 524 properties in more than 20
countries, with a gross leasable area of approximately 6.3 million square
meters and a total value of approximately US$ 21 billion.

FOR ADDITIONAL INFORMATION

Investors Contact:IR@gazitgroup.com, Media Contact:press@gazitgroup.com

Gazit-Globe Headquarters, Tel-Aviv, Israel, Tel: +972 3 694 8000 / New York
Office, Tel: +1 212 897 9741

FORWARD LOOKING STATEMENTS

This release may contain forward-looking statements within the meaning of
applicable securities laws. In the United States, these statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of known and unknown
risks and uncertainties, many of which are outside our control, that could
cause our future results, performance or achievements to differ significantly
from the results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or contribute
to such differences include risks detailed in our public filings with the SEC
and the Canadian Securities Administrators. Except as required by applicable
law, we undertake no obligation to update any forward-looking or other
statements herein, whether as a result of new information, future events or
otherwise.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Gazit-Globe via Globenewswire

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