EXHIBIT 99.7
BENEFICIAL OWNER INSTRUCTIONS
To:_______________________________________
Name of Holder of Shares
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Address
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The undersigned acknowledge(s) receipt of your letter and the enclosed
material referred to therein relating to the Rights offering to subscribe for
shares of common stock ("Shares") of Security Capital Atlantic Incorporated.
This will instruct you whether to exercise, transfer or sell rights
("Rights") to purchase Shares distributed with respect to Shares held by you
for the account of the undersigned, with Rights entitling you to
subscribe for one Share at the subscription price (the "Subscription Price")
of $ , or to oversubscribe for additional Shares at the Subscription Price
(the "Oversubscription Privilege"), pursuant to the terms and subject to the
conditions set forth in the Prospectus dated , 1997 and the related
Instructions for Completion of Rights Certificate.
1. [_] Please do NOT EXERCISE Rights for Shares.
2. [_] Please EXERCISE Rights for Shares as set forth below:
a. Exercise of Rights: X $ = $
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Shares
b. Oversubscription Privilege*: X $ = $
*I have validly exercised all ---------- ----------
Rights initially issued to me to Shares
the extent possible and was a
holder of Shares on the Record
Date.
Total Amount Enclosed: $
This must equal the total of ----------
lines 3 and 4.
3. [_] Payment in the amount of $ is enclosed.
4. [_] Please deduct $ from the following account maintained by you as
follows:
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Type of Account Account Number
5. [_] Please SELL Rights held for my account.
6. [_] Please TRANSFER Rights as set forth below:
Date and Sign Here:
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Date Signature(s)
Please Type or Print Name(s) Below:
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