SOURCE: Duke Realty Corporation

March 17, 2008 06:00 ET

Duke Realty Corporation Announces Its Chief Financial Officer Has Stepped Down

INDIANAPOLIS, IN--(Marketwire - March 17, 2008) - Duke Realty Corporation (NYSE: DRE) ("Duke" or the "Company") announced today that Mr. Matthew A. Cohoat has stepped down as the Company's Chief Financial Officer, effective immediately. Mr. Cohoat will remain with the Company as the Senior Vice President - Finance to facilitate the identification and transition of his successor.

Dennis D. Oklak, Duke's Chairman and Chief Executive Officer, issued the following statement:

"Matt has been a tremendous contributor to our Company and shareholders for more than 18 years. We respect Matt's desire to reduce his travel schedule and spend more time with his family, and we sincerely thank him for his lengthy and valued service. We also appreciate Matt's willingness to assist us during the transition period, as we work towards identifying and retaining a qualified successor."

About Duke Realty Corporation

Duke Realty Corporation specializes in the ownership, construction, development, leasing and management of office, industrial, medical office and retail real estate. Duke is the largest publicly traded, vertically integrated office/industrial real estate company in the United States. Duke owns, manages or has under development more than 130 million rentable square feet in 22 major U.S. cities. Duke also controls approximately 7,700 acres of land for over 113 million square feet of future development, and provides nationwide real estate solutions through its national development division. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is included in the S&P MidCap 400 Index.

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