Crescent Real Estate Announces Participation in 2005 NAREIT Institutional Investor Forum

Business Wire, May 27, 2005

FORT WORTH, Texas -- Crescent Real Estate Equities Company (NYSE:CEI) today announced that it will participate in the 2005 National Association of Real Estate Investment Trusts' Institutional Investor Forum being held June 8 through June 10, 2005.

Crescent's Vice Chairman and Chief Executive Officer, John C. Goff, is scheduled to make a presentation at the conference on Thursday, June 9, 2005, at 2:25 p.m. Eastern Time. The presentation will be made available to those not present at the conference via live webcast, accessible on Crescent's Investor Relations site at www.crescent.com.

ABOUT THE COMPANY

Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of more than 75 premier office buildings totaling more than 30 million square feet located in select markets across the United States, with major concentrations in Dallas, Houston, Austin, Denver, Miami and Las Vegas. Crescent also makes strategic investments in resort residential development, as well as resorts, including Canyon Ranch(R). For more information, visit the Company's website at www.crescent.com.