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Columbia Equity Trust, Inc. Announces Dividend for Fourth Quarter.

Business Wire

| December 23, 2005 | COPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WASHINGTON -- Columbia Equity Trust, Inc. (NYSE:COE) announced today that the Company's Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.14 per share payable on January 31, 2006 to its stockholders of record as of January 13, 2006.

About Columbia Equity Trust, Inc.

Columbia is a self-advised, self-managed Maryland corporation focused on the acquisition, development, renovation, repositioning, ownership, management and operation of commercial office properties located predominantly in the Greater Washington, D.C. area. For additional information please visit our web site at http://www.columbiareit.com.

Forward Looking Statements

Certain statements in this release that are not historical fact may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of the Company to differ materially from historical results ...

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