Specimen Common Stock Certificate


 Exhibit 4.7 
  


					
	 CLASS A
 COMMON STOCK
	 	 	 	 CLASS A
 COMMON STOCK

			
	 THIS CERTIFICATE IS TRANSFERABLE IN
 NEW YORK, N.Y. AND
 RIDGEFIELD PARK, N.J
  
 PAR VALUE $.01
 PER SHARE
	 	  
  
  

 
  
 [GRAPHIC]
	 	 In order to maintain qualification of the Corporation as a real estate investment trust under applicable provisions of the Internal Revenue Code, the Board of
Directors may, in accordance with the terms of the Certificate of Incorporation, redeem or restrict the transfer of the Shares represented by the Certificate

			
	 INCORPORATED UNDER
 THE LAWS OF
 THE STATE OF MARLYAND
	 	 	 	SEE REVERSE FOR CERTAIN DEFINITIONS
			
	 NUMBER
	 	 	 	SHARES

  
 BRE PROPERTIES, INC.



					
			
	 THIS CERTIFIES THAT
	 	 	 	CUSIP 05564E 10 6
	 	 	SPECIMEN	 	 
	 IS THE OWNER OF
	 	 	 	 


  
 FULLY PAID AND NON-ASSESSABLE SHARES OF CLASS A COMMON STOCK OF 
  
 BRE Properties, Inc., transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this Certificate properly endorsed. This Certificate is not valid until countersigned by
the Transfer Agent and registered by the Registrar. 
  
 The
holder and every transferee or assignee of this Certificate or of the Shares represented hereby or of any interest therein accepts and agrees to be bound by the terms, conditions, and limitations of the Articles of Incorporation and all amendments
thereof and supplements thereto. 
  
 Witness the facsimile
seal of the Corporation, and the facsimile signatures of its duly authorized officers. 
  

					
	Dated:	 	 	 	 
			
	         Countersigned and Registered
                     MELLON
INVESTOR SERVICES LLC
                                        
     Transfer Agent and Registrar
         By
                                        
     AUTHORIZED SIGNATURE.
	 	 	 	 /s/    Frank McDowell        
 PRESIDENT
  
 /s/    Edward F. Lange, Jr.        
 SECRETARY AND CHIEF FINANCIAL OFFICER

	
	 	 	 	

	 	 	 	 	 

  








 The Corporation will furnish without charge to each stockholder who so requests a statement of the
rights, privileges, voting powers, limitations and qualifications of the classes of stock of the Corporation. Requests may be directed to the Corporation or its transfer agent. 
  
 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they
were written out in full according to applicable laws or regulations: 

			
	TEN COM — as tenants in common	 	UNIF GIFT MIN ACT —                       
Custodian                          
	TEN ENT — as tenants by the entireties	 	                                     (Cust)
                            (Minor)

	 JT TEN — as joint tenants with right of
                   survivorship and not as tenants
                   in common
	 	                             under Uniform Gifts to Minors
                         Act
                      
                                    
 (State)


  
 Additional
abbreviations may also be used though not in the above list. 
  
 FOR VALUE
RECEIVED,                                      
                                        
                                       hereby sell,
assign and transfer unto 
  

					
	 PLEASE INSERT SOCIAL SECURITY OR OTHER
 IDENTIFYING NUMBER OF ASSIGNEE
	  	 	  	 
	
	 	 	 	 
	 	  	 	  	 
	
	 	 	 	 

  
  
  

			
	
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE.)
	  	Notice: The Signature to this Assignment must correspond with the name as written upon the face of the Certificate in every particular, without alteration or
enlargement or any change whatever.
	  
  

	  
	                                      
                                        
                                        
       Shares of Class A Common Stock represented by the within certificate, and do hereby irrevocably constitute and appoint
                                        
                                        
             attorney, to transfer the same on the books of the within-named Corporation, with full power of substitution in the premises.	  
	 	  
	Dated:
                                        
        	  
	 	  

  

			
	 	 	  


	NOTICE:	 	 THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND
 WITH THE NAME(S) AS WRITTEN UPON THE FACE OF THE
 CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION
 OR ENLARGEMENT OR ANY CHANGE WHATEVER

	 	 	 


  
 SIGNATURE(S) GUARANTEED 
  

			
		
	By	 	  


	 	 	 THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN
 ELIGIBLE GUARANTOR INSTITUTION, (Banks, Stockbrokers,
 Savings and Loan Associations and Credit Union(s)) WITH
 MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
 MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17A-d15.