Boston Properties Declares Quarterly Dividend

March 17, 2006

BOSTON, March 17 /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 January 1, 2006 to March 31, 2006, payable on April 28, 2006 to shareholders of record as of the close of business on March 31, 2006.

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 also includes 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

Kathleen DiChiara
Investor Relations Manager of Boston Properties, Inc.

General Info.
Marilynn Meek of Financial Relations Board for Boston Properties, Inc.