Douglas Emmett, Inc. Announces Third Quarter Cash Dividend Declaration

    SANTA MONICA, Calif., Sept. 7 /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 October 15, 2007 to shareholders of record as of
 September 28, 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 property portfolio currently consists of 47 office
 properties with approximately 11.6 million rentable square feet, nine
 multifamily properties with a total of 2,868 units, and interests in two
 land parcels. For more information on Douglas Emmett, please visit the
 Company's Web site at http://www.douglasemmett.com.
     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
 Commission.
 
 

SOURCE Douglas Emmett, Inc.