Douglas Emmett, Inc. Announces Fourth Quarter Cash Dividend Declaration

Dec 12, 2007, 00:00 ET from Douglas Emmett, Inc.

    SANTA MONICA, Calif., Dec. 12 /PRNewswire-FirstCall/ -- Douglas Emmett,
 Inc. (NYSE:   DEI), a real estate investment trust (REIT) whose primary focus
 is owning and acquiring top-tier office properties and multifamily
 communities within targeted submarkets, announced today that its Board of
 Directors has approved a quarterly cash dividend of $0.175 per share, which
 will be payable on January 15, 2008 to shareholders of record as of
 December 31, 2007. On an annualized basis, the dividend represents a
 distribution of $0.70 per common share.
     About Douglas Emmett, Inc.
     Douglas Emmett, Inc. (NYSE:   DEI) is a fully integrated,
 self-administered and self-managed real estate investment trust (REIT), and
 one of the largest owners and operators of high-quality office and
 multifamily properties located in targeted submarkets in California and
 Hawaii. The Company's properties are concentrated in ten premier submarkets
 -- Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills,
 Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbank and
 Honolulu, Hawaii. The Company focuses on owning and acquiring a substantial
 share of top-tier office properties and premier multifamily communities in
 neighborhoods that possess significant supply constraints, high-end
 executive housing and key lifestyle amenities. For more information on
 Douglas Emmett, please visit the Company's Web site at
     Safe Harbor Statement
     Except for the historical facts, the statements in this press release
 regarding Douglas Emmett's business activities are forward-looking
 statements based on the beliefs of, assumptions made by, and information
 currently available to us about known and unknown risks, trends,
 uncertainties and factors that are beyond our control or ability to
 predict. Although we believe that our assumptions are reasonable, they are
 not guarantees of future performance and some will inevitably prove to be
 incorrect. As a result, our actual future results can be expected to differ
 from our expectations, and those differences may be material. Accordingly,
 investors should use caution in relying on past forward-looking statements
 to anticipate future results or trends. For a discussion of some of the
 risks and uncertainties which could cause actual results to differ from
 those contained in the forward-looking statements, see "Risk Factors" in
 our Annual Report on Form 10-K filed with the Securities and Exchange

SOURCE Douglas Emmett, Inc.