Brandywine Realty Trust Announces Repurchase Rights Related to its 3.875% Exchangeable Guaranteed Notes Due 2026

Brandywine Realty Trust

announced today that each holder of the 3.875% Exchangeable Guaranteed Notes Due 2026 issued by its operating partnership, Brandywine Operating Partnership L.P., and guaranteed by the Company has the right to require the Operating Partnership to repurchase Notes owned by such Holder, in whole or in part, in principal amounts of $1,000 or any integral multiple thereof, plus accrued and unpaid interest, if any, on October 20, 2011, in accordance with the terms, procedures and conditions set forth in the Issuer Repurchase Notice dated September 7, 2011. Holders may exercise their repurchase option from September 20, 2011 through 5:00 p.m., New York City time, on October 18, 2011, the second business day immediately preceding the Optional Repurchase Date. It is anticipated that the Operating Partnership will pay an Optional Repurchase Price equal to $1,019.844 per $1,000 principal amount of Notes, which includes $19.844 of accrued and unpaid interest on the Notes as of October 20, 2011. Unless the Operating Partnership defaults in making payment of the Optional Repurchase Price, any Notes surrendered for repurchase and not validly withdrawn shall cease to accrue interest on and after the Optional Repurchase Date.