Alexandria Real Estate Equities, Inc. Declares Cash Dividends

Alexandria Real Estate Equities, Inc. ARE announced today that its Board of Directors declared a quarterly cash dividend of 35 cents per share of its common stock for the third quarter of 2010. The dividend is payable on October 15, 2010 to stockholders of record on October 1, 2010. The Company announced that its Board of Directors declared a quarterly cash dividend of 52.34375 cents per share for the third quarter of 2010 for its 8.375% Series C Cumulative Redeemable Preferred Stock. The dividend is payable on October 15, 2010 to preferred shareholders of record on October 1, 2010. The Company also announced that its Board of Directors declared a quarterly cash dividend of 43.75 cents per share for the third quarter of 2010 for its 7.00% Series D Cumulative Convertible Preferred Stock. The dividend is payable on October 15, 2010 to preferred shareholders of record on October 1, 2010.