Alexandria Real Estate Equities, Inc. Invites You to Participate in its Third Quarter 2008 Operating and Financial Results Conference Call and Web Cast on October 30, 2008

PASADENA, Calif., Oct. 21 /PRNewswire-FirstCall/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced the Company will conduct a conference call and audio web cast on Thursday, October 30, 2008, at 2:00 p.m. Eastern Time (ET), in conjunction with the release of its operating and financial results for the third quarter ended September 30, 2008. Alexandria anticipates releasing its operating and financial results before the market opens on Thursday, October 30, 2008.

To participate in this conference call, dial (719) 325-4841, confirmation code 6794213, shortly before 2:00 p.m. ET. The audio web cast can be accessed at: www.labspace.com, in the Corporate Information section.

This press release contains forward-looking statements within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the Company's Form 10-K Annual Report and other periodic reports filed with the Securities and Exchange Commission.