RPB Republic Property Tr

Republic Property Trust (NYSE:RPB) announced today that Presidents Park has won �The Office Building of the Year� (�TOBY�) Award for the Suburban Office Park � Low Rise category and the �Grand TOBY� Award, outscoring entrants in all property type categories across the Washington Metropolitan Area. Completed between 1999 and 2001, Presidents Park is a three-building, Class�A suburban office park located in Herndon, Virginia. Presidents Park is owned and managed by Republic Property Trust. Mark R. Keller, Chief Executive Officer of Republic Property Trust, said, �Our motto at Presidents Park is �a home for your business�. We are honored to receive this award from AOBA as we strive to deliver the best service to our tenants so that Presidents Park will truly become a home for their businesses.� Mr. Keller added, �I am personally proud of Republic Property Trust and our great team of first class property management. I would specifically like to recognize those members whose efforts keep Presidents Park operating in peak condition � Diane Ludden, Vice President of Asset Management, Melanie Friedman, Senior Property Manager, James Stash, Lead Engineer, and Rene Gaitan and Rick Jarrett, Building Engineers.� Presented by the Apartment and Office Building Association of Metropolitan Washington (�AOBA�), the TOBY Awards recognize �excellence in office building management, operational efficiency, maintenance, tenant retention and community impact.� AOBA thoroughly evaluates all facets of a building's operations during on site building inspections and portfolio judging, including tenant relations programs, community involvement, emergency evacuation and procedures manuals and continuing education for building personnel. About Republic Property Trust Republic Property Trust is a fully integrated, self-administered and self-managed real estate investment trust formed to own, operate, lease, acquire and develop primarily Class A office properties. The Company�s current portfolio is focused in the Washington, D.C. metropolitan, or Greater Washington, D.C. market. Safe Harbor Various statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "strategy," "plan," "project," "believe," "anticipate," "intend," "should," "will," "expect," "estimate," and similar expressions identify these forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from historical results or from any results expressed or implied by these forward-looking statements, including without limitation: national and local economic, business, real estate and other market conditions; the competitive environment in which the Company operates; financing risks; property management risks; the level and volatility of interest rates; financial stability of tenants; the Company's ability to maintain its status as a REIT for federal income tax purposes; acquisition, disposition, development and joint venture risks; potential environmental and other liabilities; the Company's ability to pay its estimated distribution at its current rate; the impact of potential management changes; the Company's ability to acquire its option properties; the outcome of any material litigation; the outcome of its evaluation of strategic alternatives; and other factors affecting the real estate industry generally. The Company refers you to the documents filed by it from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K (as amended by Form 10-K/A) and Quarterly Reports on Form 10-Q, each of which discusses these and other factors that could adversely affect the Company's results. The Company does not undertake a duty to update or revise any forward-looking statement whether as a result of new information, future events or otherwise.