COPT Updates Executive Transition; Randall M. Griffin to Retire at the End of March

Corporate Office Properties Trust OFC is confirming and updating its previously announced executive transition plans. COPT reiterates that Randall M. Griffin will retire from his role as COPT's Chief Executive Officer (CEO) at the end of March 2012, and also announces that Mr. Griffin will conclude his service as a Trustee on COPT's Board at the upcoming May 10, 2012 annual meeting of COPT shareholders. Effective April 1, 2012, Roger A. Waesche, Jr., COPT's President, will assume the role of CEO and commence his tenure as a member of the Board of Trustees.