EOPT Reports Changes to Board

Equity Office Properties Trust, a Chicago-based real estate investment trust, has reported changes to its board of trustees that will reduce the board's size to nine members.John S. Moody is resigning from the EOPT board and Warren E. Spieker Jr. has decided not to stand for re-election to the board because both want to pursue other commercial real estate ventures, the office REIT said. Jerry M. Reinsdorf and William Wilson III have decided not to stand for re-election at EOPT's annual shareholder meeting in May, citing a desire to reduce their commitments and to "pursue other interests," the REIT reported. Mr. Reinsdorf said he believes that his future business investments could create "the perception of conflict" with his EOPT role. EOPT chairman Sam Zell said that "in today's environment, particularly, a smaller board is more manageable and efficient." The company can be found online at http://www.equityoffice.com.