Shares in Enterprise Inns dropped by 2.6% to 674p after it emerged that the company would have to wait until the end of the year before finding out whether it can adopt Real Estate Investment Trust (Reit) status without splitting into two companies. Enterprise is talking to HM Revenue & Customs about whether it will be possible to include the money landlords pay for their beer (“wet rent”) in the calculations. Companies converting to Reit status must earn 75% of their turnover from rental income. Financial Times 23/6/07 page 32 (Companies & Markets) The Daily Telegraph 23/6/07 page 35 (The Market, Business) The Times 23/6/07 page 73 (Large Caps, Business)