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'Modern Healthcare' Names Marshall Erdman Nation's Top Design-Build Company
Date:3/27/2008

2008, Cogdell Spencer Inc. merged with Marshall Erdman & Associates. As the leader in healthcare design- build, with over 5,000 facilities across the United States, Erdman brings a new range of offerings to Cogdell Spencer's clients. Welcome to the new Cogdell Spencer Inc. For more information on Cogdell Spencer Inc., please visit the Company's website at http://www.cogdellspencer.com . For more information on Marshall Erdman & Associates, please 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 Form 10-K for the year ended December 31, 2007. 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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