Release Details

SAN FRANCISCO, May 5 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading owner and manager of corporate datacenters and Internet gateways, today announced that its Board of Directors has declared quarterly common and preferred stock dividends for the second quarter of 2008.

Common Stock Dividend

Digital Realty Trust's Board of Directors declared a quarterly common stock dividend of $0.31 per share to common stockholders of record as of the close of business on June 16, 2008 that will be paid on June 30, 2008.

Series A Cumulative Redeemable Preferred Stock Dividend

The Company's Board of Directors declared a quarterly preferred stock dividend of $0.53125 per share to holders of record of the Company's 8.50% Series A Cumulative Redeemable Preferred Stock as of the close of business on June 16, 2008. The series A cumulative redeemable preferred stock dividend will be paid on June 30, 2008.

Series B Cumulative Redeemable Preferred Stock Dividend

The Company's Board of Directors declared a preferred stock dividend of $0.492188 per share to holders of record of the Company's 7.875% Series B Cumulative Redeemable Preferred Stock as of the close of business on June 16, 2008. The series B cumulative redeemable preferred stock dividend will be paid on June 30, 2008.

Series C Cumulative Convertible Preferred Stock Dividend

The Company's Board of Directors declared a preferred stock dividend of $0.273438 per share to holders of record of the Company's 4.375% Series C Cumulative Convertible Preferred Stock as of the close of business on June 16, 2008. The series C cumulative convertible preferred stock dividend will be paid on June 30, 2008.

Series D Cumulative Convertible Preferred Stock Dividend

The Company's Board of Directors declared a preferred stock dividend of $0.34375 per share to holders of record of the Company's 5.500% Series D Cumulative Convertible Preferred Stock as of the close of business on June 16, 2008. The series D cumulative convertible preferred stock dividend will be paid on June 30, 2008.

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 71 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 12.6 million square feet as of April 1, 2008, including 2.0 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 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, including statements related to the amount and timing of expected payment of dividends on our common stock and preferred stock, 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 our markets or the technology industry; our failure to obtain necessary outside debt or equity financing; our dependence upon significant tenants; bankruptcy or insolvency of a major tenant; downturn of local, national or global economic conditions in our geographic markets; our inability to comply with the rules and regulations applicable to public companies or to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; restrictions on our ability to engage in certain business activities; risks related to joint venture investments; decreased rental rates or increased vacancy rates; inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; increased competition or available supply of data center space; our failure to successfully operate acquired properties; our inability to acquire off-market property; delays or unexpected costs in development or redevelopment of properties; our failure to maintain our status as a REIT; possible adverse changes to tax laws; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; 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 subsequent reports on Form 10-Q and Form 8-K filed with the SEC. 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 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.