CITIZENS GROWTH <CITGS> OMITS QUARTERLY DIVIDEND
Citizens Growth Properties said
it ommitted its regular quartelry dividend as a result of
decreased earnings, principally attributable to the default by
a borrower of the trust's laargest mortgage loan.
    The trust last paid 12 cts on January 28.
    The trust said it also reaffirmed a limited share
repurchase program subject to available cash flow in light of
the defaulted mortgage.               
 Reuter
