ADVISORY/Manuel N. Stamatakis and Willard G. Rouse III, Liberty Property Trust to be honored by The PENJERDEL Council!

News & Assignment Editors

ADVISORY...for Thursday (Nov. 7)

--(BUSINESS WIRE)

The PENJERDEL Council

WHAT:   Awards  luncheon honoring the Citizen of the Year and
        Company of the Year (Manuel Stamatakis and Willard Rouse,
        Liberty Property Trust)

WHEN:   Thursday, November 7, 2002
        11:30 a.m. - Reception
        12:30 p.m. - Luncheon
        1:15 p.m. - Program

WHERE:  The Union League of Philadelphia
        140 South Broad Street, Philadelphia
        2nd Floor

WHO:    The PENJERDEL Council, C.R. "Chuck" Pennoni, Chairman and
        Collin F. McNeil, President, will present the 47th annual
        Citizen  of the Year and Company of the Year awards to Manuel
        N. Stamatakis and Willard G. Rouse III, Chairman and CEO of
        Liberty Property Trust.

        The PENJERDEL Council is the preeminent organization
        dedicated to helping create the highest quality of life and
        most competitive economy for the region encompassing
        Pennsylvania, southern New Jersey, and northern Delaware.
        PENJERDEL draws upon private sector leadership, public
        officials, the academic community, and individual citizens to
        solve problems impacting the region.