CLEVELAND, OH , the leading owner, manager and developer of market-dominant shopping centers, today announced Daniel Hurwitz, President and Chief Operating Officer, will participate in a panel discussion addressing recent developments in the retail REIT sector at the Deutsche Bank 2008 Real Estate Outlook Conference at the Grand Hyatt in New York City on Thursday, January 10, from 2:00 P.M. to 3:00 P.M. EST.

This presentation will be webcast and can be accessed from Developers Diversified's web site at www.ddr.com. The webcast will be available for replay until February 29, 2008.

Developers Diversified Realty owns and manages approximately 740 retail operating and development properties in 45 states, plus Puerto Rico, Brazil, Russia, and Canada, totaling over 160 million square feet. The Company is a self-administered and self-managed real estate investment trust (REIT) operating as a fully integrated real estate company which acquires, develops and leases shopping centers. Additional information about Developers Diversified Realty is available on the Internet at http://www.ddr.com.

Contact: Michelle M. Dawson Vice President of Investor Relations Developers Diversified Realty E-mail: Email Contact Phone: (216) 755-5500

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