Release Details

SAN FRANCISCO, Aug. 19 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, announced today the appointment of Christopher Crosby, Senior Vice President, Corporate Development, a newly created position that will focus on growth opportunities for the Company. In his new role, Mr. Crosby will report directly to A. William Stein, Chief Financial Officer and Chief Investment Officer, to align opportunities with the Company's financial objectives and capital planning process.

"In his new role, Chris will be able to concentrate his efforts on growth opportunities by pursuing new markets, identifying new products, partnerships, joint ventures and alliances that will result in strong returns for Digital Realty Trust on behalf of it shareholders," said Mr. Stein.

"The establishment of this new Corporate Development position underscores our commitment to growth by focusing dedicated resources in this area," said Michael F. Foust, Chief Executive Officer for Digital Realty Trust. "We are very pleased to fill this position with an existing member of our Senior Leadership Team and believe that Chris is ideally suited for this role."

Concurrently, the Company also announced the following changes to the Sales and Technical Services organizations. Mike Manos, Senior Vice President, Technical Services, will report to Mr. Foust and maintain oversight of the Company's Design and Construction and Technical Operations and Engineering teams, as well as the recently announced POD Architecture Services program. In addition, Brent Behrman, Vice President, Global Sales, will report to Mr. Foust and lead the Company's Sales and Leasing and Sales Engineering teams. Mr. Crosby will also continue to oversee our marketing efforts in his new role.

About Digital Realty Trust, Inc.

Digital Realty Trust owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(SM) and Powered Base Building(SM) 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 75 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 13.0 million square feet as of July 30, 2009, including 1.1 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout Europe and North America. 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 the impact of the current deterioration in the global economy, including the turmoil in the financial and credit markets; the downturn of local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to; decreases in real estate valuations and resulting impairment charges; our dependence upon significant tenants; bankruptcy or insolvency of one or more major tenants or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing for refinancing current debt obligations, undertaking or completing redevelopment, completing acquisitions or other purposes; increased interest rates and operating costs; our failure to repay debt when due or our breach of covenants or other terms contained in our loan documents; financial market fluctuations; changes in foreign currency exchange rates; our ability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of our lack of control of certain of these investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; inability to successfully redevelop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to public companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; 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, including the Company's annual report on Form 10-K for the year ended December 31, 2008 and the Company's quarterly reports on Form 10-Q for the quarters ended March 31, 2009 and June 30, 2009. 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 Stein                 Pamela 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

SOURCE Digital Realty Trust, Inc.