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BioMed Realty Trust Reports First Quarter 2008 Financial Results
Date:4/30/2008

1,941,000

Total portfolio 10,418,482

Land parcels 1,367,000

Total proforma portfolio 11,785,482

Quarterly Distributions

BioMed Realty Trust's board of directors previously declared a first quarter 2008 dividend of $0.335 per share of common stock, an 8.1% increase over the previous quarterly dividend of $0.31 per share, and a dividend of $0.46094 per share of the company's 7.375% Series A Cumulative Redeemable Preferred Stock for the period from January 16, 2008 through April 15, 2008.

Earnings Guidance

To reflect the impact of the company's common stock offering of 6,129,000 shares completed on April 22, 2008, the company has revised 2008 guidance for net income per diluted share and FFO per diluted share as set forth and reconciled below.

2008

(Low - High)

Projected net income per diluted share available

to common stockholders $0.70 - 0.78

Add:

Minority interest in operating partnership $0.03

Real estate depreciation and amortization $1.10

Projected FFO per diluted share $1.83 - 1.91

The foregoing estimates are forward-looking and reflect management's view of current and future market conditions, including certain assumptions with respect to leasing activity, rental rates, occupancy levels, interest rates, and the amount and timing of development and redevelopment activities. The company's actual results may differ materially from these estimates.

Supplemental Information

Supplemental operating and financial data are available in the Investor Relations section of the company's web site at

SOURCE BioMed Realty Trust, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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