(Source: MARKETWIRE)Duke Realty Corporation (NYSE: DRE), a leading industrial and office property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the "Operating Partnership") has completed the purchase of approximately $47.9 million of its 6.95% Senior Notes due 2011 (the "Notes") which were validly tendered pursuant to its previously announced cash tender offer for the Notes (the "Tender Offer"). The Notes accepted for purchase will be cancelled and represent approximately 30.6% of the $156.8 million principal amount of the Notes outstanding prior to the Tender Offer. Following the completion of the Tender Offer, approximately $108.9 million of the Notes remain outstanding. The Tender Offer expired at 11:59 p.m., New York City time, on Monday, September 28, 2009. Payment for Notes purchased pursuant to the Tender Offer was made on Tuesday, September 29, 2009. The aggregate consideration paid by the Operating Partnership for the Notes accepted for payment including accrued and unpaid interest was approximately $50.1 million. The amount of Notes accepted for purchase from each tendering note holder was pro rated at approximately 84.0% due to the receipt of valid tenders in excess of the "Maximum Payment Amount" of $50.0 million.

The Tender Offer was made pursuant to the Operating Partnership's Offer to Purchase dated August 31, 2009 and the related Letter of Transmittal. Wells Fargo Securities acted as the Dealer Manager for the Tender Offer. This press release is neither an offer to purchase nor a solicitation to buy any of the Notes nor is it a solicitation for acceptance of the Tender Offer.

About Duke Realty Corporation

Duke Realty Corporation owns and operates approximately 136 million rentable square feet of Industrial and office space in 20 U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke is available at www.dukerealty.com.

Cautionary Notice Regarding Forward-Looking Statements

This news release may contain forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, including, among others, statements regarding the company's future financial position, projected financing sources, future transactions with joint venture partners, future dividends, and future performance, are forward-looking statements.