▇▇▇▇▇ & Steers Quality Income Realty Fund, Inc.
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
February ___, 2002
▇▇▇▇▇ & Steers Capital Management, Inc.
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
Dear Sirs:
▇▇▇▇▇ & Steers Quality Income Realty Fund, Inc. (the "Fund") hereby
accepts your offer to purchase 7,000 shares at a price of $.001 per share for an
aggregate purchase price of $100,275. This agreement is subject to the
understanding that you have no present intention of selling or redeeming the
shares so acquired.
Sincerely,
▇▇▇▇▇ & Steers Quality Income
Realty Fund, Inc.
By:
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Accepted:
▇▇▇▇▇ & Steers Capital Management, Inc.
By:
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