SOURCE: Financial Relations Board

May 22, 2006 11:02 ET

Financial Relations Board Hires Mary Jensen as Vice President in Los Angeles; Adds Further Depth to the Firm's Industry-Leading Real Estate Investment Trust (REIT) and Real Estate Financial

Communications Practice

LOS ANGELES, CA -- (MARKET WIRE) -- May 22, 2006 -- Financial Relations Board (FRB), one of the nation's leaders in investor relations for more than 40 years, today announced that Mary Jensen will join the firm's Los Angeles office as a vice president in their industry-leading REIT and Real Estate Financial Communications practice. In her new role, Jensen will leverage her extensive experience as a senior investor relations director for multi-billion dollar REITs such as Essex Property Trust, Inc. and Mack-Cali Realty Corporation to support existing clients and drive new business growth.

"Mary is a strong addition to our top-ranked REIT practice and the FRB team," said Michael W. Kempner, CEO of Financial Relations Board. "Her comprehensive client-side investor relations and consulting expertise will be invaluable in expanding the range and depth of insight and service we provide to clients."

"We are excited to have Mary on board, and expect that her established, relationships, client management skills and professional acumen will play an integral role in the continued success of our REIT practice, which has recently expanded to include financial public relations and corporate communications for privately held real estate companies," added Claire A. Koeneman, Executive Vice President and Head of Real Estate Services at the firm.

Immediately prior to FRB, Jensen was director, investor relations at Essex Property Trust, Inc. where she managed key market/financial analyst relations as well as financial media and community outreach. Moreover, Jensen organized road shows and conference participation, oversaw SEC filings and Edgarization, and handled all corporate communications initiatives, including the production and creation of the annual report and quarterly competitive surveys on the company's peers.

Previously, Jensen served as director, investor relations at Mack-Cali Realty Corporation. In that capacity, Jensen created and implemented communication tools and protocols and worked closely with general counsel to standardize corporate compliance with public disclosure obligations. In addition, Jensen functioned as an information liaison between senior management and the financial community and provided management with in-depth analysis regarding attitudes and perceptions of Mack-Cali, its peers and the real estate industry as a whole.

An industry veteran, Jensen was also an investor relations specialist with the Times Mirror Corporation where she communicated with retail and institutional investors and interfaced with transfer agents regarding such shareholder issues as dividend reinvestment plans. She began her career in corporate treasury with the Walt Disney Corporation, where Jensen's responsibilities included annual meeting coordination and the development of financial reports and presentations for internal and external events.

Jensen is a member of the National Investor Relations Institute (NIRI) and National Association of Real Estate Investment Trusts (NAREIT) and a writer for Investor Relations 2000.

About Financial Relations Board

For more than 40 years, the Financial Relations Board has been one of the nation's leaders for investor relations and financial communications. The firm offers a full array of services including deep expertise in corporate positioning and communication, investment community targeting (market intelligence), financial media relations, shareholder management services, valuation analysis and the company's industry-leading Strategy Consulting Group. Financial Relations Board works alongside companies of all sizes, from established Fortune 100 brands to mid-size and micro-cap companies, pre-IPOs and the newly public. Headquartered in Chicago, the firm has full-service offices in New York, Los Angeles, Boston, San Francisco and Washington, D.C. Financial Relations Board is part of the Interpublic Group of Companies (NYSE: IPG). For more information on Financial Relations Board, visit www.financialrelationsboard.com.

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