Boston Properties Declares Quarterly Dividend

December 19, 2005

BOSTON, Dec. 19 /PRNewswire-FirstCall/ -- Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that its Board of Directors declared a regular quarterly dividend of $0.68 per share of common stock for the period October 1, 2005 to December 31, 2005, payable on January 30, 2006 to shareholders of record as of the close of business on December 30, 2005.

Boston Properties is a fully integrated, self-administered, and self-managed real estate investment trust that develops, redevelops, acquires, manages, operates, and owns a property portfolio primarily comprised of Class-A office space and two hotels. The Company is one of the largest owners and developers of Class-A office properties in the United States, concentrated in five markets -- Boston, Midtown Manhattan, Washington, D.C., San Francisco, and Princeton, N.J.

For more information about Boston Properties, please visit the Company's web site at

CONTACT: Michael Walsh
Senior Vice President of Boston Properties

Marilynn Meek
General Info
Financial Relations Board for Boston Properties