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EOP says ISS advises shareholders to vote for Blackstone deal

Equity Office Properties Trust, the largest owner of United States office buildings, said proxy advisory service Institutional Shareholder Services Inc. has recommended Equity Office shareholders to vote for the proposal to approve a merger with affiliates of The Blackstone Group for $54 in cash per common share of EOP.

If approved by shareholders, and subject to satisfaction of other closing conditions, the Blackstone transaction would be expected to close on or about February 8, 2007. Equity Office's Board of Trustees continues to recommend the approval of the transaction with Blackstone by Equity Office common shareholders.



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