(Source: MARKETWIRE)Duke Realty Corporation (NYSE: DRE), a leading industrial and office property REIT, announced today the expiration and final results of the offer by its operating partnership, Duke Realty Limited Partnership (the "Operating Partnership"), to purchase any and all of its 7.75% Senior Notes due 2009 (the "7.75% Notes") and 5.25% Senior Notes due 2010 (the "5.25% Notes" and, together with the 7.75% Notes, the "Any and All Notes"). The Operating Partnership refers to its offer to purchase the Any and All Notes as the "Any and All Tender Offer."

As of 5:00 p.m., New York City time, on September 11, 2009, the expiration date for the Any and All Tender Offer, the aggregate principal amount of 7.75% Notes tendered in the Any and All Tender Offer was $39,299,000, representing 32.36% of the $121,440,000 aggregate principal amount of 7.75% Notes outstanding and the aggregate principal amount of 5.25% Notes tendered in the Any and All Tender Offer was $57,879,000, representing 36.70% of the $157,728,000 aggregate principal amount of 5.25% Notes outstanding. All of the Any and All Notes that were tendered have been accepted for payment, with settlement occurring earlier today. The holders of the 7.75% Notes that were accepted for purchase received the tender offer consideration of $1,010.55 per $1,000 principal amount of 7.75% Notes, plus accrued and unpaid interest from and including the last interest payment date (May 15, 2009) to, but not including, today. The holders of the 5.25% Notes that were accepted for purchase received the tender offer consideration of $1,012.50 per $1,000 principal amount of 5.25% Notes, plus accrued and unpaid interest from and including the last interest payment date (July 15, 2009) to, but not including, today.

The Any and All Tender Offer was made pursuant to an offer to purchase dated August 31, 2009 (the "Offer to Purchase"), which set forth a complete description of the terms of the Any and All Tender Offer.

Also described in the Offer to Purchase is an offer by the Operating Partnership to purchase up to the maximum aggregate principal amount of its 6.95% Senior Notes due 2011 (the "6.95% Notes"), 5.625% Senior Notes due 2011 (the "5.625% Notes"), 5.875% Senior Notes due 2012 (the "5.875% Notes") and 5.45% Senior Notes due 2012 (the "5.45% Notes") that the Operating Partnership can purchase for $50,000,000 (excluding accrued interest and subject to increase in the Operating Partnership's sole discretion, the "Maximum Payment Amount"). The Operating Partnership refers to its offer to purchase the Maximum Tender Offer Notes as the "Maximum Tender Offer." The Maximum Tender Offer will expire at 11:59 p.m., New York City time, on September 28, 2009 (the "Maximum Tender Offer Expiration Date"), unless extended or earlier terminated.

Duke Realty also announced that it has received tenders of 6.95% Notes representing aggregate tender offer consideration (excluding accrued interest) in excess of the $50,000,000 Maximum Payment Amount as of 5:00 p.m., New York City time, on September 14, 2009, the withdrawal deadline for the Maximum Tender Offer.