Boston Properties to Participate in the Lehman Brothers 8th Annual Future of REITs Conference

March 1, 2005

BOSTON, Mass., March 1, 2005 /PRNewswire-FirstCall via COMTEX/ -- Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that it will webcast its company presentation at the Lehman Brothers 8th Annual Future of REITs Conference in New York on Thursday, March 3, 2005.

Raymond A. Ritchey, Executive Vice President of Boston Properties, will participate in an office panel discussion moderated by David Shulman and David Harris of Lehman Brothers at 8:30 a.m. EST. The panel discussion will be webcast in audio-only mode and available to all interested parties in the Investors section of the Company's website at http://www.bostonproperties.com under the heading Calendar/Events. The presentation will take place live and the replay will be archived at http://www.bostonproperties.com in the Investors section under the heading Audio Archive.

Boston Properties is a fully integrated, self-administered and self- managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of Class-A office and hotel properties. The Company is one of the largest owners and developers of Class-A office properties in the United States, concentrated in four core markets -- Boston, Midtown Manhattan, Washington, D.C. and San Francisco.

Visit the Company's web site at http://www.bostonproperties.com.

Kathleen DiChiara
Investor Relations
Boston Properties, Inc.
617-236-3300

Marilynn Meek
General Info.
212-827-3773
Financial Relations Board for Boston Properties, Inc.