INVESTORS

CHICAGO--(BUSINESS WIRE)--May 30, 2003--First Industrial Realty Trust, Inc. (NYSE:FR), the nation's largest provider of diversified industrial real estate, today announced that senior management will host an investor and analyst presentation on Monday, June 2, 2003 in New York City. The Company will present an in-depth view of its value-creation strategy and current business trends.

The presentation will be available live via conference call to all interested parties and is scheduled to begin at 1:00 p.m. EDT. The dial in number is 800-299-9086 and the passcode is 8150784. A replay of the call will be available shortly after the call, through Friday, June 6, 2003. For the replay, please dial 888-286-8010, passcode 6071276.

This presentation is being webcast by CCBN and can be accessed on First Industrial's web site at www.firstindustrial.com, under the "Investor Relations" tab. Replay will also be available on the web site.

First Industrial Realty Trust, Inc., the nation's largest provider of diversified industrial real estate, serves every aspect of Corporate America's industrial real estate needs, including customized supply chain solutions, through its unique I-N-D-L operating platform, which utilizes a pure Industrial focus and National scope to provide Diverse facility types, while offering Local, full-service management and expertise. Building, buying, selling, leasing and managing industrial property in major markets nationwide, First Industrial develops long-term relationships with corporate real estate directors, tenants and brokers to better serve customers with creative, flexible industrial real estate solutions.

CONTACT: First Industrial Realty Trust, Inc. Mike Daly, 312/344-4320
SOURCE: First Industrial Realty Trust, Inc.