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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1478950	Excel Trust Inc.	EXL	Real Estate Investment Trusts (6798)	271493212

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1059510	B Gary Sabin	17140 Bernardo Center Drive Suite 300 San Diego CA 92128	Chairman Of The Board / Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-08-10	5,000	$11.40	575,376	No	4	P	Indirect	By Gary B. Sabin Family Trust dated May 20, 1982

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Gary B. Sabin Family Trust dated May 20, 1982

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	377,254	Direct

Footnotes

Reflects the weighted average sale price of the shares purchased. The shares were purchased in multiple trades at prices ranging from $11.375 to $11.44 per share. The Reporting Person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price.
The reported securities are owned directly by the Gary B. Sabin Family Trust dated May 20, 1982 (the "Trust"), of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.