CenterPoint Properties Trust Second Quarter 2002 Earnings Conference Call.

Business Editors

CenterPoint Properties Trust (NYSE:CNT) will hold its second quarter conference call on Wednesday, July 17, 2002, at 2:00 p.m. Eastern Time (1:00 p.m. Central Time).

This call is being webcast by CCBN and can be accessed at CenterPoint's web site at www.centerpoint-prop.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

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. It currently owns and operates approximately 31 million square feet and an additional 1700 acres of land upon which 22 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 and airfreight buildings. The first major REIT to focus on the industrial property sector, CenterPoint has a current total market capitalization exceeding $2.0 billion.