News RELEASE

Mick Manning, a 22-year Wholesaling Expert, Promoted to Divisional Manager of KBS Capital Markets Group

Continually Ranked as One of KBS’ Top Wholesalers, Denver Native Will Now Oversee Company’s National Wholesale Effort

Newport Beach, CA- September 23, 2009: KBS Capital Markets Group (KBS-CMG), an affiliate of KBS Capital Advisors and KBS Realty Advisors, has added two regional vice presidents to help it maximize local broker/dealer and registered investment advisor relationships in anticipation of new product and sales growth.

Veteran financial wholesaler Mick Manning, a pivotal member of the KBS sales team since 2005, has been named executive vice president and divisional sales manager of KBS Capital Markets Group (KBS-CMG). Formerly KBS-CMG regional vice president, Manning will now oversee the company’s national wholesale efforts for its KBS Real Estate Investment Trusts and report directly to Mike Crimmins, KBS-CMG managing director and chief executive officer, who made the announcement today.

KBS Capital Markets Group is an affiliate of KBS Capital Advisors and KBS Realty Advisors, and the dealer-manager for KBS Real Estate Investment Trusts.

The promotion is the latest in Manning’s 22-year wholesaling management career, much of it centered in the U.S. Mountain states. As KBS-CMG regional vice president responsible for Utah, Colorado, Arizona and New Mexico, he continually ranked as one of the top wholesalers in the company. A Colorado native, Manning will continue to be based in Littleton, Colo.

“Mick has been a key player in the growth of KBS Capital Markets Group since the beginning, so it only natural that he be given the opportunity to direct our national efforts,” explained Crimmins. “He is a proven leader with not only a solid grasp of the dynamics of commercial real estate investment but also the complexities of broker/dealer and registered investment advisor relationships. We are honored to offer him this new level of responsibility.”

Prior to KBS, Manning was vice president, wholesaler and Western divisional manager of Travelers Life and Annuity in Denver, where he directed a 10-member sales team to maximize broker/dealer relationships in Colorado and New Mexico.

He also served as vice president and wholesaler of MFS/SunLife Financial, and general agent and regional vice president of Mass Mutual Financial Group, both also in Denver. He also previously established and operated a Northwestern Mutual Life District Office in Littleton, Colo., for 12 years.

Manning received his bachelor’s degree from the University of Colorado at Boulder, and has completed extensive underwriting coursework at American College in Bryn Mawr, Penn.

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.