TRZ Trizec Properties

Trizec Properties, Inc. (NYSE:TRZ) today announced the appointment of Anthony J. Manos as senior vice president of the company's Southern California Region, effective March 13, 2006. This appointment concludes Trizec's search for a highly qualified senior executive with a broad range of customer relations, leasing and marketing, management, development and investment skills to lead the region forward. Manos assumes this role as Trizec prepares to double its presence in Southern California to 8.6 million square feet of office space in the coming months with the pending acquisition of 13 premier assets from Arden Realty. "We were honored by the caliber of candidates who were interested in this position and really pleased that Tony will be joining us. He brings a breadth of experience and a proven ability to direct West Coast operations for significant companies," said Bill Tresham, Trizec's executive vice president & chief operating officer. "We have been seeking opportunities to develop a stronger presence in Southern California, and have enhanced our portfolio over the past two years with several strategic acquisitions. Tony is joining an established, well positioned team that will continue to advance Trizec's strategy and deliver unparalleled customer and broker service." Manos, who possesses more than two decades of commercial real estate experience throughout the West Coast, will be responsible for asset strategy and the overall operational and financial management of Trizec's Southern California Region. Manos will partner with Patrick Lacey, Trizec's vice president, operations, and John Barganski, recently appointed vice president, leasing as part of the Trizec leadership team. In his new position, Manos will report to Bill Tresham. "Joining Trizec at an important time in the company's evolution presents a rare opportunity to make a significant impact," said Manos. "I'm looking forward to applying my experience to maximize the value of our assets and the talents of our team to ensure that Trizec continues to serve its customers and investors distinctively better." Manos joins Trizec from Westfield Corporation, where for the past five years he served as executive vice president, commercial & mixed use development, responsible for the operations and leasing of more than two-million square feet of office space, plus the mixed use residential, hotel and urban mall operations, as well as the supervision of a team of more than 10 professionals. Prior to his position with Westfield, Manos spent three years with Transwestern Commercial Services, including a role as executive vice president, western region, which included oversight of all the company's regional commercial office division including leasing, asset management, development and the investment services group. During his career, Manos has also worked for Catellus Development, Watson Land Company and Kilroy Realty Corporation. A graduate of the University of Southern California, Manos holds a bachelor of science degree in business administration, and is an inactive Certified Public Accountant. He is a licensed California real estate agent. Manos is also an associate member of the Urban Land Institute (ULI) and has served on the Board of Directors of the National Association of Office and Industrial Properties (NAIOP) of Southern California. Trizec Properties, Inc., a real estate investment trust (REIT) headquartered in Chicago, is one of the largest owners and operators of commercial office properties in the United States. The Company has ownership interests in and manages a high-quality portfolio of 49 office properties totaling approximately 37 million square feet concentrated in the metropolitan areas of seven major U.S. cities. The Company trades on the New York Stock Exchange under the symbol TRZ. For more information, visit Trizec's Web site at www.trz.com or call toll free at 1 (800) 891-7017.