Digital Realty Trust, Inc. Declares Second Quarter Common and Preferred Stock Dividends

Digital Realty Trust, Inc. Declares Second Quarter Common and Preferred Stock
Dividends

SAN FRANCISCO, May 5 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc.
(NYSE: DLR), a leading owner and manager of corporate datacenters and Internet
gateways, today announced that its Board of Directors has declared quarterly
common and preferred stock dividends for the second quarter of 2008.
Common Stock Dividend
Digital Realty Trust's Board of Directors declared a quarterly common
stock dividend of $0.31 per share to common stockholders of record as of the
close of business on June 16, 2008 that will be paid on June 30, 2008.
Series A Cumulative Redeemable Preferred Stock Dividend
The Company's Board of Directors declared a quarterly preferred stock
dividend of $0.53125 per share to holders of record of the Company's 8.50%
Series A Cumulative Redeemable Preferred Stock as of the close of business on
June 16, 2008. The series A cumulative redeemable preferred stock dividend
will be paid on June 30, 2008.
Series B Cumulative Redeemable Preferred Stock Dividend
The Company's Board of Directors declared a preferred stock dividend of
$0.492188 per share to holders of record of the Company's 7.875% Series B
Cumulative Redeemable Preferred Stock as of the close of business on June 16,
2008. The series B cumulative redeemable preferred stock dividend will be
paid on June 30, 2008.
Series C Cumulative Convertible Preferred Stock Dividend
The Company's Board of Directors declared a preferred stock dividend of
$0.273438 per share to holders of record of the Company's 4.375% Series C
Cumulative Convertible Preferred Stock as of the close of business on June 16,
2008. The series C cumulative convertible preferred stock dividend will be
paid on June 30, 2008.
Series D Cumulative Convertible Preferred Stock Dividend
The Company's Board of Directors declared a preferred stock dividend of
$0.34375 per share to holders of record of the Company's 5.500% Series D
Cumulative Convertible Preferred Stock as of the close of business on June 16,
2008. The series D cumulative convertible preferred stock dividend will be
paid on June 30, 2008.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and
manages technology-related real estate. The Company is focused on providing
Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for
domestic and international tenants across a variety of industry verticals
ranging from information technology and internet enterprises, to manufacturing
and financial services. Digital Realty Trust's 71 properties, excluding one
property held as an investment in an unconsolidated joint venture, contain
applications and operations critical to the day-to-day operations of
technology industry tenants and corporate enterprise datacenter tenants.
Comprising approximately 12.6 million square feet as of April 1, 2008,
including 2.0 million square feet of space held for redevelopment, Digital
Realty Trust's portfolio is located in 26 markets throughout Europe and North
America. For additional information, please visit Digital Realty Trust's
website at www.digitalrealtytrust.com.
Safe Harbor Statement
This press release contains forward-looking statements, including
statements related to the amount and timing of expected payment of dividends
on our common stock and preferred stock, which are based on current
expectations, forecasts and assumptions that involve risks and uncertainties
that could cause actual outcomes and results to differ materially. These
risks and uncertainties include adverse economic or real estate developments
in our markets or the technology industry; our failure to obtain necessary
outside debt or equity financing; our dependence upon significant tenants;
bankruptcy or insolvency of a major tenant; downturn of local, national or
global economic conditions in our geographic markets; our inability to comply
with the rules and regulations applicable to public companies or to manage our
growth effectively; difficulty acquiring or operating properties in foreign
jurisdictions; defaults on or non-renewal of leases by tenants; increased
interest rates and operating costs; restrictions on our ability to engage in
certain business activities; risks related to joint venture investments;
decreased rental rates or increased vacancy rates; inability to successfully
develop and lease new properties and space held for redevelopment;
difficulties in identifying properties to acquire and completing acquisitions;
increased competition or available supply of data center space; our failure to
successfully operate acquired properties; our inability to acquire off-market
property; delays or unexpected costs in development or redevelopment of
properties; our failure to maintain our status as a REIT; possible adverse
changes to tax laws; environmental uncertainties and risks related to natural
disasters; financial market fluctuations; changes in foreign currency exchange
rates; changes in foreign laws and regulations, including those related to
taxation and real estate ownership and operation; and changes in real estate
and zoning laws and increases in real property tax rates. For a further list
and description of such risks and uncertainties, see the reports and other
filings by the Company with the United States Securities and Exchange
Commission, or SEC, including the Company's annual report on Form 10-K for the
year ended December 31, 2007, and subsequent reports on Form 10-Q and Form 8-K
filed with the SEC. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For Additional Information:

A. William Stein Pamela Matthews
Chief Financial Officer and Investor/Analyst Information
Chief Investment Officer Digital Realty Trust, Inc.
Digital Realty Trust, Inc. +1 (415) 738-6500
+1 (415) 738-6500

SOURCE Digital Realty Trust, Inc.

A. William Stein, Chief Financial Officer and Chief Investment Officer, or
Pamela Matthews, Investor|Analyst Information, both of Digital Realty Trust,
Inc., +1-415-738-6500