Crescent Real Estate Will Post Investor Forum Information On Internet.

FORT WORTH, Texas--(BUSINESS WIRE)--April 6, 1999--Crescent Real Estate Equities Company (NYSE:CEI) announced today that it will post information from the presentations at its Investor Forum to be held on April 7 and 8, 1999 on its web site ( http://www.cei-crescent.com ).

The Investor Forum begins at 8:00 a.m. Central Time on April 7, 1999 in Houston, Texas. Space has not been available to accommodate all requests from investors wishing to attend. Crescent therefore will post slides from the Investor Forum on its web site. Investors who do not have access to the Internet will be able to obtain a paper copy of the slides by contacting Investor Relations, by telephone at 817/321-1511 or by facsimile at 817/321-2000.

"We are very pleased to be able to use the Internet in this manner to make available as much information as possible to as many investors as possible, since it was not possible to provide a large enough facility to accommodate all of the people who wanted to attend the Investor Forum," said Gerald W. Haddock, President and Chief Executive Officer of Crescent.

Crescent Real Estate Equities Company is a fully integrated real estate company which owns through its subsidiaries a portfolio of real estate assets, consisting primarily of 89 office properties and 7 retail properties with a total of 32.6 million square feet, a 39.6% interest in 91 refrigerated storage properties with a total of approximately 19 million square feet, 88 behavioral healthcare properties, 7 full-service hotel properties with a total of 2,257 rooms, 2 destination health and fitness resorts and economic interests in 5 residential development corporations. The office rental properties are located primarily in 17 metropolitan submarkets in Texas.

For further information, please contact Bruce A. Picker, Vice President and Treasurer, Crescent Real Estate Equities Company at 817/321-1447. Crescent is also online at http://www.cei-crescent.com.