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Kilroy Realty Signs 29,095 Square Foot Lease with Aon at 999 North Sepulveda

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LOS ANGELES, Feb 4, 2004 (BUSINESS WIRE) -- Kilroy Realty Corporation (NYSE:KRC) announced today that it has signed a seven-year lease with Aon Service Corporation for 29,095 square feet at 999 North Sepulveda Boulevard, a 133,339-square-foot building located in El Segundo, California.

Aon, a world leader in risk management, retail, reinsurance and wholesale brokerage, claims management, specialty services, and human capital consulting services, will locate the regional headquarters of its automobile brokerage business in the nine-story building, which was redeveloped in 2002. Aon is scheduled to take occupancy of the building in April 2004.

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 more than 50 years, the company has owned, developed, acquired and managed real estate assets primarily in the coastal regions of California and Washington. KRC is currently active in office development and redevelopment in Los Angeles and San Diego counties. At December 31, 2003, the company owned 7.3 million square feet of commercial office space and 4.9 million square feet of industrial space. More information is available at www.kilroyrealty.com.

SOURCE: Kilroy Realty Corporation

Kilroy Realty Corporation
Richard E. Moran Jr., 310-481-8483
or
Tyler H. Rose, 310-481-8484

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