• Digital Realty Trust, Inc.
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  • BT Global Financial Services Signs Turn-Key Datacenter(TM) Lease Agreement With Digital Realty Trust
    Company Release - 12/18/2008 08:00

    SAN FRANCISCO, Dec. 18 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet gateway datacenters, completed a Turn-Key Datacenter(TM) lease agreement with BT Global Financial Services, one of the leading providers of networked IT services to the global financial community. Under this agreement, BT will establish a new datacenter in a Digital Realty Trust property in the New York City metro area to support the company's IT infrastructure.

    "We have had the pleasure of working with BT's Global Financial Services division in the past, and it is a great validation that the company has chosen to work with us once again," said Brent Behrman, Vice President of Enterprise Sales at Digital Realty. "By working with our team, companies like BT benefit from our expertise in technology real estate and datacenter development. Our Turn-Key Datacenter(TM) model allows customers to reduce the upfront capital costs for these critical projects while accelerating their time to market."

    Digital Realty Trust Turn-Key Datacenter(TM) facilities provide state-of-the-art environments for supporting mission critical infrastructure, with advanced cooling, power, redundancy, and sustainability features to ensure that critical applications are available while optimizing energy efficiency. Digital Realty Trust's Turn-Key Datacenters(TM) are scalable from hundreds of kilowatts of IT Load to megawatts of IT load and are located in markets throughout North America and Europe. Each Turn-Key Datacenter(TM) facility is physically secure and features a state-of-the-art power and cooling architecture that has been optimized for green operation. Every Turn-Key Datacenter(TM) is built using the company's proprietary POD Architecture(TM) and uses metered power to ensure that clients pay only for the power that they use.

    About Digital Realty Trust, Inc.

    Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 74 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 12.9 million rentable square feet as of November 5, 2008, including 1.6 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.

    Safe Harbor Statement

    This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include adverse economic or real estate developments in the Company's markets, reductions in information technology spending; general economic slow-downs or recessions; construction and development delays, difficulties in or inability to lease space, failure to commence rental payments on time under signed leases; tenant bankruptcies; defaults under leases by tenants; increased interest rates; increased operating costs; failure to obtain necessary outside financing; decreased rental rates or increased vacancy rates; difficulties in identifying properties to acquire and completing acquisitions at all or at acceptable return levels; failure to successfully operate acquired properties and operations; failure of acquired properties to perform as expected; reductions in property values; failure to successfully redevelop properties acquired for such purposes or unexpected costs related thereto; failure to maintain the Company's status as a REIT; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; risks of operating in foreign markets; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, or SEC, including the Company's annual report on Form 10-K for the year ended December 31, 2007 and the Company's quarterly reports on Form 10-Q for the quarters ended March 31, 2008, June 30, 2008 and September 30, 2008. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

         For Additional Information:
    
         A. William SteinPamela A. Matthews
         Chief Financial Officer and    Investor/Analyst Information
         Chief Investment Officer       Digital Realty Trust, Inc.Digital Realty Trust, Inc.     +1 415-738-6500
         +1 415-738-6500
    
         Chris Crosby
         Sales & Technical Services
         Digital Realty Trust, Inc.
         +1 214-231-1350
    

    SOURCE Digital Realty Trust, Inc.


    Contact: A. William Stein, Chief Financial Officer and Chief Investment Officer, or Pamela A. Matthews, Investor|Analyst Information, +1-415-738-6500, or Chris Crosby, Sales & Technical Services, +1-214-231-1350, all of Digital Realty Trust, Inc.