Developers Diversified Realty (NYSE: DDR), the leading owner, manager and developer of market-dominant shopping centers in the United States, today announced that senior management will present at the National Association of REITs Investor Forum in New York City. The Company's presentation is scheduled for 3:30 p.m. ET on Wednesday, June 3, 2009 and may be accessed live via Developers Diversified's website at www.ddr.com.

Developers Diversified owns and manages over 700 retail operating and development properties in 45 states, plus Puerto Rico, Brazil, and Canada totaling approximately 153 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 is available on the Internet at www.ddr.com.

Contact: Tom Morabito Senior Director of Investor Relations Developers Diversified Realty Main: (216) 755-5500 E-mail: Email Contact

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