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Brandywine Realty Trust Announces Quarterly Dividends and Sets First Quarter 2009 Earnings Release and Conference Call

RADNOR, PA (REIT Media) March 18, 2009 - Brandywine Realty Trust (NYSE: BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share, payable on April 17, 2009 to holders of record on April 3, 2009, bringing total year-to-date 2009 dividends to $0.40 per common share. The Board of Trustees intends to match aggregate 2009 common share dividends to 2009 taxable income and will evaluate the mix of cash and common shares on an ongoing basis. The Board of Trustees also declared quarterly dividends of $0.46875 and $0.460938 for the 7.50% Series C Cumulative Redeemable Preferred Shares and 7.375% Series D Cumulative Redeemable Preferred Shares, respectively, each payable on April 15, 2009 to holders of record on March 30, 2009 of the Series C and Series D Preferred Shares.

The Company will release its first quarter earnings after the market close on Wednesday, April 29, 2009, and will hold its first quarter conference call on Thursday, April 30, 2009, at 11:00 a.m. EDT. The conference call can be accessed by dialing 1-800-683-1525 and providing conference ID: 89222764. Beginning two hours after the conference call, a taped replay of the call can be accessed through Thursday, May 14, 2009, by calling 1-800-642-1687 and entering access code 89222764. The conference call can also be accessed via a web cast on our website at www.brandywinerealty.com.

About Brandywine Realty Trust

Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States. Organized as a real estate investment trust and operating in select markets, Brandywine owns, develops and manages a primarily Class A, suburban and urban office portfolio aggregating 37.9 million square feet, including 26.2 million square feet which it owns on a consolidated basis. For more information, visit our website at www.brandywinerealty.com.

Forward-Looking Statements

Estimates of future earnings per share, FFO per share, common share dividend distributions and certain other statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our and our affiliates' actual results, performance, achievements or transactions to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors relate to, among others: our ability to lease vacant space and to renew or relet space under expiring leases at expected levels; competition with other real estate companies for tenants; the potential loss or bankruptcy of major tenants; interest rate levels; the availability of debt, equity or other financing; risks of acquisitions, dispositions and developments, including the cost of construction delays and cost overruns; unanticipated operating and capital costs; our ability to obtain adequate insurance, including coverage for terrorist acts; dependence upon certain geographic markets; and general and local economic and real estate conditions, including the extent and duration of adverse changes that affect the industries in which our tenants operate. Additional information on factors which could impact us and the forward-looking statements contained herein are included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2008. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required by law.



Source: Brandywine Realty Trust

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Mar.18.2009. 15:32

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