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Cogdell Spencer Inc. Announces the Closing of the Marshall Erdman and Associates Merger
Date:3/10/2008

w.cogdellspencer.com" target="_new">http://www.cogdellspencer.com.

About Marshall Erdman & Associates

For more than 50 years, the name Marshall Erdman & Associates (Erdman) has been an integrated healthcare facilities provider; Erdman provides planning, development, architecture, engineering, construction, materials management, and manufacturing services. Clients have depended on Erdman's collaborative approach resulting in over 5,000 healthcare facilities delivered across the nation. For more information, visit: http://www.erdman.com.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements reflect the Company's views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially. Factors that may contribute to these differences include, but are not limited to the following: market trends; our ability to obtain future financing arrangements; our ability to renew ground leases; defaults by tenants; and changes in the reimbursement available to our tenants by government or private payors. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission, including the Company's 2006 Annual Report on Form 10-K. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be realized. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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