Industry Awards

2007
Crescent's Fountain Place® Receives Prestigious Energy Star Award
Award Recognizes Nation's Most Energy Efficient Buildings

FORT WORTH, Texas (BUSINESS WIRE) - April 2, 2007 - Crescent Real Estate Equities Company (NYSE:CEI) today announced that its Fountain Place building in downtown Dallas has received the Environmental Protection Agency's prestigious ENERGY STAR award, the most recognized national symbol for energy efficiency. Over the years Crescent has made many enhancements to the mechanical systems and controls in Fountain Place which have resulted in significant savings to building owners, customers, and to the environment at large.

John Zogg, Crescent's Managing Director, Asset Management and Leasing, representing the owner, Crescent Fountain Place, L.P., said, "Balancing customer comfort and energy savings has been the primary goal of our team at Fountain Place. We are honored to be one of only six office buildings in Dallas to have received this year's ENERGY STAR award and with the help of our employees we plan to continue delivering our customers with energy efficient technologies resulting in lower energy bills and greenhouse gas emissions."

ABOUT THE COMPANY
Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 71 premier office buildings totaling 28 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Austin, Denver, Miami, and Las Vegas. Crescent also holds investments in resort residential developments in locations such as Scottsdale, AZ, Vail Valley, CO, and Lake Tahoe, CA; in destination resorts such as Fairmont Sonoma Mission Inn(R) in Sonoma, CA; and in the wellness lifestyle leader, Canyon Ranch(R). For more information, visit Crescent's Web site at www.crescent.com.

2005
Crescent Named Best in Customer Service for 5th Consecutive Year

FORT WORTH, Texas (BUSINESS WIRE) - April 7, 2006 - Crescent Real Estate Equities Company (NYSE:CEI) has been awarded for the fifth consecutive year the National Commercial Real Estate Customer Service Award for Excellence for the customer service it provides its office property customers. The award has been given by CEL & Associates, the largest surveyor of customer satisfaction in the real estate industry. In addition, 69 office properties owned by Crescent's various subsidiaries have been named to the 2005 "A List," the National Commercial Real Estate Customer Service Award for Excellence at the property level.

The awards recognize those companies whose management performance and commitment to providing the highest level and quality of service achieve the highest levels of customer satisfaction. For five years running, customers of Crescent properties ranked the Company's customer service and management in the highest percentile of the commercial real estate industry in the U.S.

"We are honored to be recognized by CEL for the fifth year in a row. This success is a tribute to the dedication of our team members and their focus on providing exceptional customer service everyday," said Denny Alberts, Crescent's President and Chief Operating Officer. "According to the survey results, we showed improvement in every category, from quality of management services through intention to renew. In fact, 93% of our customers expressed an intention to renew with us, up from 92% last year. Integrating exceptional customer service into Crescent's culture has paid off for us, and we are pleased to be a leader in this area. We will continue to strive to provide our customers with exceptional workplace environments and innovative solutions everyday."

About Crescent

Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 75 premier office buildings totaling 31 million square feet located in select markets across the United States, with major concentrations in Dallas, Houston, Austin, Denver, Miami and Las Vegas. Crescent also makes strategic investments in resort residential development, as well as in destination resorts, including Canyon Ranch®.

2003
Crescent Recognized for Excellence in Customer Service for Third Consecutive Year
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2002, 2001 & 1999
Crescent wins the 2002 "A" List Award for Customer Service
Crescent is rated one of the "Best in the Industry" read more...

2002
Crescent named as winner of the Real Estate Industry's Customer Service Award.
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2001
BOMA - Building of the Year

The 2001 BOMA/Building of the Year "TOBY" Award was awarded to Fountain Place®, which has captured the local award five times - in 1994, 1995, 1999, 2000, and 2001. Fountain Place has also won the award at the regional level twice, in 1994 and 2001.

1999/1998
TCRC Environmental Vision Awards

Awards in Recycling & Waste Minimization in 1998 and 1999

1998
Environmental Vision Award

Fountain Place was awarded the Environmental Vision Award in 1998 from Dallas County.

1994
In Recognition of Outstanding Efforts in Energy Management

Energy Action Bellmead Management Company Inc.

1990
First Place - International Honor Award

Presented by the American Institute of Architects (AIA)

1990
Dallas Urban Design Award