Developers Diversified currently owns and manages over 730 retail operating and development properties in 45 states, plus Puerto Rico, Brazil, Russia and Canada, totaling over 157 million square feet. Developers Diversified Realty is a self-administered and self-managed real estate investment trust (REIT) operating as a fully integrated real estate company which acquires, develops, leases and manages shopping centers. Additional information about Developers Diversified Realty is available on the Internet at http://www.ddr.com.
Contact: Michelle M. Dawson Vice President of Investor Relations Developers Diversified Realty 216.755.5455
SOURCE: Developers Diversified Realty

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