BPO Properties Ltd. to Hold Conference Call and Webcast of 2009 Second Quarter Financial Results

Toronto — BPO Properties Ltd. announced today that its 2009 second quarter financial results will be released after the market open on Wednesday, August 5, 2009. Analysts, investors and other interested parties are invited to participate in the company’s live conference call and webcast on August 5 at 9:00 a.m. (E.T.) to discuss with members of senior management the company’s results and current business initiatives. Both the press release and the supplemental information package will be available on the website at www.bpoproperties.com under “Investor Relations.”

Live audio of the call will be available via webcast at www.bpoproperties.com. A replay of the webcast will be archived 24 hours after the end of the conference call and can be accessed for 90 days.

You may also participate by dialing into the live conference call toll free at 866-551-1530, pass code: 5101122#. To ensure your participation, please call five minutes prior to the scheduled start of the call. The call will be archived for 90 days and can be accessed by dialing toll free at 866.551.4520, pass code: 251818#.

BPO Properties Ltd., 89% owned by Brookfield Properties Corporation, is a Canadian company that invests in real estate, focusing on the ownership and value enhancement of premier office properties. The current property portfolio is comprised of interests in 27 commercial properties totaling 18.1 million square feet and five development sites totaling 5.7 million square feet. Landmark properties include First Canadian Place in Toronto and Bankers Hall in Calgary. BPO Properties’ common shares trade on the TSX under the symbol BPP. For more information, visit www.bpoproperties.com.