First Potomac Realty Trust Sets Date for 2011 Annual Meeting of Shareholders

WASHINGTON, D.C.--()--First Potomac Realty Trust (NYSE:FPO), a leading owner of office and industrial properties in the greater Washington, D.C. region, today announced that it will hold its 2011 Annual Meeting of Shareholders at 11:00 a.m., Thursday, May 19, 2011 at its corporate offices located at 7600 Wisconsin Avenue, 11th Floor, Bethesda, Maryland 20814. Shareholders of record as of the close of business on March 17, 2011 will be entitled to notice of and vote at the Annual Meeting. This represents a change from the previously announced record date.

About First Potomac Realty Trust

Headquartered in Bethesda, Md., First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, operating, developing and redeveloping office and industrial properties in the greater Washington, D.C. region. The Company's portfolio totals approximately 13 million square feet. The Company's largest tenant is the U.S. Government, which along with government contractors, accounts for more than 20 percent of the Company's revenue. For more information, please visit www.first-potomac.com.

Forward Looking Statements

The forward-looking statements contained in this press release are subject to various risks and uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, there can be no assurance that its expectations will be achieved. Certain factors that could cause actual results to differ materially from the Company’s expectations include the repayment in full of the loan, the ability of the Company to successfully enforce its remedies under the loan and related documents, changes in general or regional economic conditions; the Company’s ability to timely lease or re-lease space at current or anticipated rents; changes in interest rates; changes in operating costs; the Company’s ability to complete acquisitions on acceptable terms and successfully integrate such acquisitions into the Company’s portfolio; the Company’s ability to manage its current debt levels and repay or refinance its indebtedness upon maturity or other required payment dates; the Company’s ability to obtain debt and/or financing on attractive terms, or at all; changes in the assumptions underlying the Company’s expected rates of return on acquisitions and other risks detailed in the Company’s Annual Report on Form 10-K and described from time to time in the Company’s filings with the SEC. Many of these factors are beyond the Company’s ability to control or predict. Forward-looking statements are not guarantees of performance. For forward-looking statements herein, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contacts

First Potomac Realty Trust
Media:
Vikki Kayne, 301-986-9200
vkayne@first-potomac.com

Contacts

First Potomac Realty Trust
Media:
Vikki Kayne, 301-986-9200
vkayne@first-potomac.com