Bedford Property Investors Schedules Second Quarter 2004 Earnings Release and Conference Call.

LAFAYETTE, Calif. -- Bedford Property Investors, Inc. (NYSE:BED) will release its second quarter 2004 earnings on Monday, July 19, 2004 through a press release that will be distributed at 5:00 a.m. PDT. A conference call will follow this release on Tuesday, July 20 at 8:00 a.m. PDT to discuss the second quarter 2004 earnings results. To participate on the call, please dial [phone] at least five minutes prior to the start time. A live webcast (listen only mode) of the conference call will also be available at this time. A hyperlink to the live webcast will be available from the Investor Relations - Investors' Overview section of the Company's website at www.bedfordproperty.com. The Company's second quarter 2004 Supplemental Operating and Financial Data will also be available on its website beginning on July 19, 2004.

Investors should log on to the website a few minutes early, as it may be necessary to download audio software to hear the conference call. To do so investors should click on the webcast icon and follow directions from there. A replay of the conference call will be available beginning two hours after the call by dialing [phone] on July 20, 2004 through July 27, 2004. The passcode for the replay is 709094. In addition, a replay of the webcast will be available through the Company's website from the Investor Relations section.

Additional information concerning Bedford Property Investors, including an archive of corporate press releases and supplemental reporting packages, is also available on the Company's website.

Bedford Property Investors is a self-administered equity real estate investment trust (REIT) with investments in suburban office buildings and industrial properties concentrated in the western United States. It is traded on the New York Stock Exchange and the Pacific Exchange under the symbol "BED."