PM Realty Group
910 Travis, Suite 1000
Houston, Texas 77002

AT PM REALTY GROUP:
Bill Goeke
SVP/Director
Southeast Division
(713) 209-5805

AT WEBER SHANDWICK:
Kathryn Abney
Media Contact
312-640-6778

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Jun 28, 2002

ROGER GREGORY JOINS PM REALTY GROUP AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

Accomplished, High-Profile Houston Accountant to
Lead PM Realty Group's Financial Program

Houston - PM Realty Group, one of the nation’s largest independent full-service commercial real estate firms, today announced the appointment of W. Roger Gregory as Senior Vice President & CFO, based in the Houston headquarters office. Gregory oversees all financial, accounting, reporting and information technology functions for PM Realty Group and its affiliates.

As senior manager in the Commercial Services Group for Arthur Andersen for the past eight years, Gregory managed a portfolio of clients, primarily focusing on the real estate and services sectors. While at Andersen, he spent six years managing the firm’s engagement with Hines, a national real estate firm based in Houston. Gregory is a certified public accountant and serves as treasurer of the R Club, a Houston-based political action committee. He earned a bachelor of science in business administration from Louisiana College in Pineville, La., where he currently serves on the Board of Trustees’ Development Council.

“Roger Gregory has built a strong reputation in the real estate finance and accounting community in Houston and nationally,” said Rick Kirk, President of PM Realty Group. “We are pleased to welcome him to our firm as CFO.”

About PM Realty Group

PM Realty Group is a privately-held real estate service organization with more than 1,300 employees and 20 divisional and regional offices. Based in Houston, Texas, the company traces its roots back to 1954. PM Realty Group today conducts business in nearly every state, providing comprehensive real estate services to institutions, investors, corporations, real estate investment trusts, government agencies and healthcare providers.

PM Realty Group offers clients the full spectrum of real estate services, including property and facility management, leasing and marketing, corporate services, investment services, construction management, asset management and development, engineering services, portfolio administration, disposition and acquisition, consulting and due diligence and healthcare services.

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