CenterPoint Properties Announces Conference Call Webcast.

OAK BROOK, Ill. -- CenterPoint Properties Trust (NYSE:CNT) will release its fourth quarter and full year 2004 earnings results on February 15, 2005. The Company will host a live webcast of its earnings conference call on Wednesday, February 16, 2005 at 2:00 p.m. Eastern Time (1:00 p.m. Central Time).

To access the webcast, please go to www.cntprop.com just prior to the start of the call and click on Investor Relations. Then, click on the webcast title located on the upper left side of the page. An online replay of the call will be available beginning one hour after the call.

About CenterPoint Properties Trust

CenterPoint is a publicly traded real estate investment trust (REIT) and the largest industrial property company in the 1.3-billion-square-foot Chicago regional market. As of September 30, 2004, the Company owned or operated approximately 37 million square feet and the Company and its affiliates owned or controlled an additional 3,138 acres of land upon which approximately 48 million square feet could be developed. The Company is focused on providing unsurpassed tenant satisfaction and adding value to its shareholders through customer driven management, investment, development and redevelopment of warehouse, distribution, light manufacturing buildings and logistics infrastructure. The first major REIT to focus on the industrial property sector, CenterPoint has a total market capitalization of approximately $3.0 billion.

Statements made in the earnings release or conference call mentioned above which are not historical may be deemed forward-looking statements under federal securities laws. There can be no assurance that future results will be achieved and actual results could differ materially from forecasts and estimates. Factors that could cause actual results to differ materially are general business and economic conditions, completion of pending acquisitions, competitive market conditions, weather, pricing of debt and equity capital markets and other risks inherent in the real estate business. Such factors and others are listed in the Company's Form 10-K and 10-Qs.