Duke-Weeks Announces Ray Weeks' Departure.

Business Editors

INDIANAPOLIS--(BUSINESS WIRE)--June 27, 2001

Duke-Weeks Realty Corporation (NYSE:DRE) announced today that Ray Weeks has resigned his position as Vice Chairman of the Company's Board of Directors. There are no plans currently to fill the vacancy, resulting in a 13-member board, nine of whom are independent. Mr. Weeks has also resigned as an employee of Duke-Weeks where he has served on a part-time basis since January of 2000 as Chairman of the Company's Technology Committee, and as Chairman of Office Technology Consortium.

Commenting on his departure, Mr. Weeks said, "As I move on to pursue other interests, I am particularly pleased that I leave behind an organization as strong and as well positioned as Duke-Weeks. Since the closing of the merger between Duke Realty Investments and Weeks Corporation, I believe that we have created a Company with legitimate competitive advantages that will continue to produce superior long-term performance. Over a career that literally goes back to my childhood, it has been my pleasure to work with a great many quality people in the real estate industry. In my view, the team at Duke-Weeks is the strongest in the REIT industry and I wish the Company continued success."

Said Tom Hefner, Duke-Weeks' Chairman and Chief Executive Officer, "It's hard to say enough about Ray's contributions over the years to Weeks Corporation and then to Duke-Weeks. Ray built an outstanding company in Weeks Corporation and was a very important part of the team that built Duke-Weeks after the merger. Moreover, I think it is accurate to state that without his leadership, Duke-Weeks would not have the quality real estate platforms it has in the Southeast. All of us at Duke-Weeks wish Ray and his family the very best in this next chapter of his life."

Duke-Weeks Realty Corporation is one of the largest real estate companies in the United States. Offering a complete range of real estate products and services, Duke-Weeks produces more than $800 million in annual revenue from approximately 5,000 tenants and focuses on building dominant market positions in each of its 13 geographic platforms across the Midwest and the Sunbelt. Duke-Weeks owns interests in more than 110 million square feet of properties, has approximately 1,500 employees and owns or controls approximately 4,500 acres of undeveloped land that can support more than 64 million square feet of future development. Visit Duke-Weeks on the web at www.dukereit.com.