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Crescent Breaks Ground for Phase II of the Residences at the RitzCarlton...

The Residences at The Ritz-Carlton, Dallas (http://www.theresidencesdallas.com)

About Crescent Real Estate Equities Company:

Crescent Real Estate Equities Company (NYSE:CEI) is one of the largest publicly-held real estate investment trusts in the nation. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 75 premier office buildings totaling 31 million square feet located in select markets across the United States. Subsidiaries include Crescent Plaza Residential, L.P. (owner and developer of The Residences at The Ritz-Carlton, Dallas, Phase I), Crescent Tower Residential, L.P. (owner and developer of Phase II), and Crescent Plaza Hotel Owner, L.P. (owner and developer of The Ritz-Carlton Hotel in Dallas).

Contact:

Elizabeth Gaerlan/Sharon Harper

M. Silver Associates

(212) 754-6500

The Residences at The Ritz-Carlton, Dallas (

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