News RELEASE

KBS Capital Markets Group Appoints Mike Crimmins as Managing Director

KBS Veteran Brings More than 20 Years of Industry Experience to Leadership Role of KBS Capital Advisors’ Sales and Distribution Arm

Newport Beach, CA - June 18, 2009: KBS Capital Markets Group (KBS-CMG), an affiliate of KBS Capital Advisors and KBS Realty Advisors, and the dealer-manager for KBS Real Estate Investment Trust I and II, has announced that Mike Crimmins has been promoted to chief executive officer and managing director of the fast-growing KBS sales and distribution entity. Currently KBS-CMG national sales manager, Crimmins brings more than 20 years of industry experience to his expanded role.

Crimmins will replace Greg Brakovich who helped found KBS-CMG in 2005 and is leaving the CEO post to pursue other ventures. The announcement was made today by KBS CEO Chuck Schreiber.

Crimmins was appointed KBS-CMG national sales manager earlier this year and will now also serve as the group’s registered principal, responsible for the day-to-day operations and oversight of both internal and external wholesaling operations and activities.

“As a veteran of distribution-company start-ups, Greg Brakovich has made invaluable contributions to KBS,” explained Schreiber. “However, we are now in the unique position to be able to offer KBS Capital Markets Group management responsibility to one of the most influential leaders in the industry. Clearly, the appointment of Mike Crimmins to CEO and managing director represents an extraordinary opportunity for the entire KBS family of companies.”

Prior to his appointment to KBS-CMG national sales manager, Crimmins served as the group’s divisional vice president. He came to KBS in 2005 after five years as Western division sales manager at AXA Distributors, LLC, in St. Louis, where he consistently ranked among the top five marketing professionals in annuity sales. Prior to that, he served as an executive sales consultant for The Guardian Life Insurance Company in St. Louis, achieving the top individual 401-K sales ranking in six of the nine years he was with the company.

About KBS Companies
Headquartered in Newport Beach, Calif., KBS Capital Markets Group (www.kbs-cmg.com) is the dealer manager for KBS REIT I and KBS REIT II. KBS Capital Advisors is the advisor for KBS REIT I and KBS REIT II. Both companies are affiliates of KBS Realty Advisors, a private equity real estate company and SEC-registered investment advisor founded in 1992 by Peter Bren and Chuck Schreiber. Since 1992, KBS has completed transactional activity exceeding $16.5 billion via 19 separate accounts, six commingled funds and two private equity REITs. KBS has offices in Newport Beach, San Francisco, Chicago, Boston, Dallas, New York, Washington, D.C., Atlanta and Los Angeles. For information, visit www.kbsrealty.com.

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including discussions regarding KBS REIT’s use of proceeds and certain other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include changes in general economic conditions, changes in real estate conditions, construction delays, changes in interest rates, lease-up risks, lack of financing availability and lack of capital proceeds. This is neither an offer nor a solicitation to purchase securities. Such an offer can be made only by means of a prospectus. To obtain a prospectus, please contact your investment professional or KBS Capital Markets Group, LLC at 660 Newport Center Drive, Suite 1200, Newport Beach, CA 92660, (866)KBS-4CMG.