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Douglas Emmett Appoints Theodore Guth as Executive Vice President

^{Published on 2011-01-04 16:35:20 - Market Wire}
 

SANTA MONICA, Calif.--([ BUSINESS WIRE ])--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that it has appointed Theodore Guth as its Executive Vice President. He will serve in senior management as one of Douglas Emmetta™s five named executive officers along with Dan Emmett, Chairman of the Board; Jordan Kaplan, President & CEO; Ken Panzer, COO and Bill Kamer, CFO.

Mr. Guth has been an outside business and legal advisor to Douglas Emmett since 2005, including playing a key role in its 2006 transition to a public company. Over the last thirty years, Mr. Guth has held a variety of legal and executive positions, including as a law firm partner and manager, as the President of a boutique investment banking firm and as a professor at the UCLA School of Law.

Commenting on Mr. Gutha™s appointment, Jordan Kaplan, President & CEO, stated, aWe are extremely pleased that Ted is joining the senior management team of Douglas Emmett on a full-time basis. Teda™s experience as a long term advisor to the Company created a unique opportunity for us to hire a senior level executive who could immediately be an effective member of our management team.a

Mr. Gutha™s full biography can be accessed through the Companya™s website at [ www.douglasemmett.com ].

About Douglas Emmett, Inc.

Douglas Emmett, Inc. (NYSE: DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in premier submarkets in Southern California and Hawaii. Douglas Emmetta™s properties are concentrated in ten submarkets a" Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills, Burbank and Honolulu. The Company focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. More information is available at the Companya™s website at [ www.douglasemmett.com ].

Safe Harbor Statement

Except for the historical facts, the statements in this press release regarding Douglas Emmetta™s business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on forward-looking statements to anticipate future results or trends. For a discussion of some of the risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see aRisk Factorsa in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.