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Kilroy Realty Assigned Investment Grade Ratings

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LOS ANGELES, Apr 13, 2010 (BUSINESS WIRE) --Kilroy Realty Corporation (NYSE: KRC) announced today that Kilroy Realty, L.P. was assigned a Baa3 issuer rating by Moody's Investors Service with a stable outlook and a BBB- corporate credit rating by Standard & Poor's Ratings Services with a stable outlook.

More information regarding Kilroy Realty, L.P.'s rating assignments can be found in the Moody's press release dated April 13, 2010 and Standard and Poor's research report dated April 13, 2010 available on the websites at and, respectively. None of the information on those websites, including that press release and research report, is incorporated by reference into or is otherwise a part of this press release. Ratings are subject to revision or withdrawal at any time by the rating agencies and are not a recommendation to buy, sell or hold securities.

Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a Southern California-based real estate investment trust active in the office and industrial property sectors. For over 60 years, the company has owned, developed, acquired and managed real estate assets primarily in the coastal regions of Los Angeles, Orange and San Diego counties. At December 31, 2009, the company owned 8.7 million rentable square feet of commercial office space and 3.7 million rentable square feet of industrial space.

SOURCE: Kilroy Realty Corporation

Kilroy Realty Corporation
Tyler H. Rose
Executive Vice President
and Chief Financial Officer
Michelle Ngo
Vice President and Treasurer