WASHINGTON, April 21 /PRNewswire-FirstCall/ -- CarrAmerica Realty
Corporation (NYSE: CRE) today announced that, as a result of its pending
merger with an affiliate of The Blackstone Group and in anticipation of a
special meeting of stockholders relating to the merger, the Annual Meeting
of Shareholders, previously scheduled for April 27, 2006, has been
cancelled. The date of the special meeting of stockholders relating to the
merger has not yet been set. CarrAmerica will announce the date, time and
place of the special meeting once a final determination has been made.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO )
CarrAmerica owns, develops and operates office properties in 12 markets
throughout the United States. The company has become one of America's
leading office companies by meeting the needs of its customers with
superior service, a large portfolio of quality office properties and
extraordinary development capabilities. Currently, CarrAmerica and its
affiliates own, directly or through joint ventures, interests in a
portfolio of 287 operating office properties, totaling approximately 26.4
million square feet. CarrAmerica's markets include Austin, Chicago, Dallas,
Denver, Los Angeles, Orange County, Portland, Salt Lake City, San Diego,
San Francisco Bay Area, Seattle and metropolitan Washington, D.C. For
additional information on CarrAmerica, including space availability, visit
our web site at http://www.carramerica.com.
Additional Information About the Merger and Where to Find It
This communication is being made in respect of the proposed merger
transaction involving CarrAmerica and affiliates of Blackstone. In
connection with the transaction, CarrAmerica will file a definitive proxy
statement with the SEC. Stockholders are urged to read the definitive proxy
statement carefully and in its entirety when it becomes available because
it will contain important information about the proposed transaction.
The final proxy statement will be mailed to CarrAmerica stockholders.
In addition, the proxy statement and other documents will be available free
of charge at the SEC's Internet Web site, http://www.sec.gov. When
available, the proxy statement and other pertinent documents also may be
obtained for free at CarrAmerica's Web site, http://www.carramerica.com, or
by contacting Stephen Walsh, Senior Vice President, CarrAmerica, telephone
(202) 729-1764.
CarrAmerica and its directors and officers and other members of
management and employees may be deemed to be participants in the
solicitation of proxies in respect to the proposed transactions.
Information regarding CarrAmerica's directors and executive officers is
detailed in its proxy statements and annual reports on Form 10-K,
previously filed with the SEC, and the definitive proxy statement relating
to the proposed transactions, when it becomes available.
SOURCE CarrAmerica Realty Corporation
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Related links:
http://www.carramerica.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO
AP Archive: http://photoarchive.ap.org PRN Photo Desk
photodesk@prnewswire.com
CONTACT:
Media: Karen L. Widmayer, +1-202-729-1789,
karen.widmayer@carramerica.com, or Analyst: Stephen Walsh,
+1-202-729-1764, stephen.walsh@carramerica.com, both of
CarrAmerica Realty Corporation
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