PASADENA, Calif., Jan. 31 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the tax treatment of its Year 2007 dividend distributions as described in the chart below. Shareholders are encouraged to consult with their own tax advisors as to their specific tax treatment of Alexandria Real Estate Equities, Inc. distributions.




                                                               25%
                                          Taxable     15%   Sec.1250
                           Distributions  Ordinary  Capital  Capital Return of
     Security    CUSIP #     per Share    Dividend   Gain     Gain    Capital

     Common
      Stock     015271109     $3.00        83.6%     10.0%    1.3%      5.1%

     Series B
     Preferred
      Stock     015271307     $0.9795      88.1%     10.6%    1.3%      0.0%

     Series C
     Preferred
      Stock     015271406     $2.09375     88.1%     10.6%    1.3%      0.0%

Alexandria Real Estate Equities, Inc. is a publicly-traded real estate investment trust focused principally on the ownership, operation, management, selective development, redevelopment and acquisition and of life science properties. Our properties are designed and improved for lease primarily to institutional (universities and independent not-for-profit institutions), pharmaceutical, biotechnology, medical device, life science product, service, biodefense and translational medicine entities, as well as related governmental agencies.

SOURCE Alexandria Real Estate Equities, Inc.