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TMCNet:  Developers Diversified Realty Announces the Date of Its Second Quarter Earnings Release and Conference Call

[May 29, 2008]

Developers Diversified Realty Announces the Date of Its Second Quarter Earnings Release and Conference Call

(Marketwire Via Acquire Media NewsEdge) CLEVELAND, OH, May 29 / MARKET WIRE/ --

Developers Diversified Realty (NYSE: DDR),
the leading owner, manager and developer of market-dominant shopping
centers, today announced that financial results for the quarter ended June
30, 2008, will be released after the market closes on Thursday, July 24,
2008. The Company will conduct a conference call and audio webcast on
Friday, July 25, 2008 at 10:00 a.m. EDT.

To access the conference, dial 866.713.8563 (domestic), or 617.597.5311
(international) at least ten minutes prior to the scheduled start of the
call. When prompted, provide the passcode: 81219118.

The conference call will be recorded and available for replay beginning at
12:00 p.m. on July 25, 2008 and will be available until 5:00 p.m. on August
23, 2008. To access the conference call recording, dial 888.286.8010
(domestic), or 617.801.6888 (international) and use the passcode: 50135756.
The conference call webcast can be accessed via the Developers Diversified
website, www.ddr.com.

Developers Diversified owns and manages over 740 retail properties in 45


states, plus Puerto Rico, Brazil, Russia and Canada totaling 163 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
Main: (216) 755-5500
E-mail: Email Contact

Copyright ? 2008 Marketwire

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