EOP Equity Office Properties Tru

Equity Office (NYSE:EOP) announced today the completion of $1.9 billion of investment activity in fourth quarter 2006, including dispositions totaling $1.4 billion or 6.5 million square feet, and acquisitions totaling $479.6 million or 1.3 million square feet. The quarterly activity brings the company�s full-year investment activity total to $3.6 billion, including $2.2 billion or 11.7 million square feet in dispositions, and $1.4 billion or 3.6 million square feet in acquisitions. The following table lists the transactions that closed during the fourth quarter. Square footage reflects Equity Office�s effective ownership. Property Market SquareFootage ClosingDate DISPOSITIONS � � � Cerritos Towne Center Los Angeles 461,794� 10/27/06� LaSalle Plaza Minneapolis 588,908� 11/15/06� Tri-State International Chicago 546,263� 12/5/06� Watergate Office Towers Oakland 1,171,820� 12/8/06� Presidents Plaza Chicago 818,712� 12/12/06� 200 West Adams Chicago 677,222� 12/13/06� Denver Corporate Center II&III Denver 375,139� 12/14/06� The Quadrant Denver 317,218� 12/14/06� Metropoint I&II Denver 414,389� 12/14/06� 4949 South Syracuse Denver 62,633� 12/14/06� Terrace Building Denver 115,408� 12/14/06� Millennium Plaza Denver 330,033� 12/14/06� 3280 E. Foothill Blvd Los Angeles 150,951� 12/19/06� Central Park Plaza San Jose 304,241� 12/21/06� 20-32 Perimeter Atlanta 176,143� 12/28/06� The John Hancock Complex (1) Boston -� 12/28/06� Total � 6,510,874� � � � ACQUISITIONS (2) � � � Wachovia Financial Center Miami 574,401� 10/3/06� Columbia Center Seattle 774,854� 11/30/06� 124 West 42nd Street New York -� 12/8/06� Total � 1,349,255� � (1) Equity Office owned an 8.1% interest in The John Hancock Complex. (2) Equity Office acquired a 50% interest in Wachovia Financial Center. The building�s total square footage is 1,148,801. EOP also acquired the remaining 49.9% interest in Columbia Center, and now owns 100% of this asset, which totals 1,552,813 square feet. Equity Office acquired the remaining 25% interest in 124 West 42nd Street, and now owns 100% of the asset. Equity Office Properties Trust, operating through its various subsidiaries and affiliates, is the nation's largest publicly held office building owner and manager with a total office portfolio consisting of whole or partial interests in 543 buildings comprising 103.1 million square feet in 16 states and the District of Columbia, as of December 31, 2006. Equity Office has an ownership presence in 24 Metropolitan Statistical Areas (MSAs) and in 98 submarkets, enabling it to provide a wide range of office solutions for local, regional and national customers. For more company information visit the Equity Office website at http://www.equityoffice.com. Forward Looking Statements This release includes certain �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management�s present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating this release and the outlook of Equity Office include, but are not limited to, changes in economic, business and competitive conditions, and other factors affecting the operation of the business of Equity Office. These and other risks and uncertainties are detailed from time to time in Equity Office�s filings with the SEC, including its Form 10-K filed on March 15, 2006, as amended by Part II � Item 1A of our Form 10-Q filed on August 8, 2006. Equity Office is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of changes, new information, subsequent events or otherwise.