SOURCE: Brandywine Realty Trust

January 17, 2008 16:30 ET

Brandywine Realty Trust Announces Tax Characteristics of Its 2007 Distributions

RADNOR, PA--(Marketwire - January 17, 2008) - Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2007 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the company's distributions are as follows:

      Common Shares of Beneficial Interest (CUSIP 105368203)

                                                                  (Box 3)
                                                       (Box 2b)     NON-
                   (Boxes 1a+2a) (Box 1a)  (Box 2a)  UNRECAPTURED TAXABLE
                       GROSS     TAXABLE     TOTAL     SECTION DISTRIBUTION
Record     Payable  DISTRIBUTION ORDINARY CAPITAL GAIN  1250     (Return
Date        Date      PER SHARE  DIVIDEND  DISTRIBUTION GAIN(1) Of Capital)
--------   ---------- ---------  ---------  ---------  --------- ---------
1/5/2007    1/15/2007 $ 0.4400  $0.290197  $0.114655  $0.059002  $0.035148
4/4/2007    4/18/2007 $ 0.4400  $0.290197  $0.114655  $0.059002  $0.035148
7/5/2007    7/19/2007 $ 0.4400  $0.290197  $0.114655  $0.059002  $0.035148
10/5/2007  10/19/2007 $ 0.4400  $0.290197  $0.114655  $0.059002  $0.035148

Total                 $ 1.7600   1.160788   0.458620   0.236008   0.140592
% of Total              100.00%     65.95%     26.06%        (1)      7.99%


   7.5% Series C Cumulative Redeemable Preferred Shares (CUSIP 105368401)

                                                                  (Box 3)
                                                       (Box 2b)     NON-
                   (Boxes 1a+2a) (Box 1a)  (Box 2a)  UNRECAPTURED TAXABLE
                       GROSS     TAXABLE     TOTAL     SECTION DISTRIBUTION
Record     Payable  DISTRIBUTION ORDINARY CAPITAL GAIN  1250     (Return
Date        Date      PER SHARE  DIVIDEND  DISTRIBUTION GAIN(1) Of Capital)
--------   ---------- ---------  ---------  ---------  ---------  ---------
3/30/2007   4/16/2007 $0.468750  $0.335999  $0.132751  $0.068314  $   0.00
6/30/2007   7/16/2007 $0.468750  $0.335999  $0.132751  $0.068314  $   0.00
9/30/2007  10/15/2007 $0.468750  $0.335999  $0.132751  $0.068314  $   0.00
12/30/2007  1/15/2008 $0.468750  $0.335999  $0.132751  $0.068314  $   0.00

Total                 $1.875000  $1.343996  $0.531004  $0.273256  $   0.00
% of Total               100.00%     71.68%     28.32%        (1)        0%


  7.375 Series D Cumulative Redeemable Preferred Shares (CUSIP 105368500)


                                                                  (Box 3)
                                                       (Box 2b)     NON-
                   (Boxes 1a+2a) (Box 1a)  (Box 2a)  UNRECAPTURED TAXABLE
                       GROSS     TAXABLE     TOTAL     SECTION DISTRIBUTION
Record     Payable  DISTRIBUTION ORDINARY CAPITAL GAIN  1250     (Return
Date        Date      PER SHARE  DIVIDEND  DISTRIBUTION GAIN(1) Of Capital)
--------   ---------- ---------  ---------  ---------  ---------  ---------
3/30/2007   4/16/2007 $0.460938  $0.330400  $0.130538  $0.067176  $   0.00
6/30/2007   7/16/2007 $0.460938  $0.330400  $0.130538  $0.067176  $   0.00
9/30/2007  10/15/2007 $0.460938  $0.330400  $0.130538  $0.067176  $   0.00
12/30/2007  1/15/2008 $0.460938  $0.330400  $0.130538  $0.067176  $   0.00

Total                 $1.843752  $1.321600  $0.522152  $0.268704  $   0.00
% of Total               100.00%     71.68%     28.32%        (1)        0%


(1)  Amount in Box 2b is included in Box 2a.

A full tax report is available on our website at www.brandywinerealty.com - Investor Relations - 1099 Reporting.

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, urban, office portfolio aggregating approximately 44 million square feet, including 29 million square feet which it currently owns and operates on a consolidated basis. For more information, visit our website at www.brandywinerealty.com.

Forward-Looking Statements

Certain 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 the actual results, performance, achievements or transactions of the Company and its affiliates or industry results 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, the Company's ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs and the effects of general and local economic and real estate conditions. Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information