UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
AMENDMENT NO. 1 TO
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 23, 2003
RAMCO-GERSHENSON PROPERTIES TRUST
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(Exact name of registrant as specified in its Charter)
Maryland 1-10093 13-6908486
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
27600 Northwestern Highway, Suite 200, Southfield, Michigan 48034
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (248) 350-9900
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS.
99.1 Press Release dated April 23, 2003.
ITEM 9. REGULATION FD DISCLOSURE
On April 23, 2003, the registrant issued a press release entitled
"Ramco-Gershenson Properties Trust Reports Results for First Quarter 2003," that
announced the unaudited results of the first quarter of 2003 for
Ramco-Gershenson Properties Trust. A copy of this press release is attached as
Exhibit 99.1, and it is furnished pursuant to Item 9 and Item 12 of Form 8-K.
The press release contains a disclosure relating to the registrant's
EBITDA interest coverage ratio for the first quarter of 2003. The registrant
defines EBITDA as income from continuing operations before minority interest
plus income from discontinued operations, interest expense and depreciation and
amortization. For the three months ended March 31, 2003, the registrant's EBITDA
interest coverage ratio is computed as follows:
Income from continuing operations before minority interest $ 3,943
Add back:
Income from discontinued operations --
Interest expense 7,340
Depreciation and amortization 5,102
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EBITDA $16,385
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EBITDA interest coverage ratio:
(EBITDA divided by interest expense) 2.2
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RAMCO-GERSHENSON PROPERTIES TRUST
Date: June 5, 2003 By: /s/ Dennis Gershenson
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Dennis Gershenson
Its: President and Chief Executive Officer
EXHIBIT INDEX
Exhibit Description
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*99.1 Press release dated April 23, 2003
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* Previously filed