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First Industrial Realty Trust to Present at the NAREIT Institutional Investor Forum; Live Webcast Available on Tuesday, June 3, 2003

May 30, 2003

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 Michael W. Brennan, president and chief executive officer, is scheduled to present at the NAREIT Institutional Investor Forum on Tuesday, June 3, 2003 at 11:15 a.m. EDT.

Mr. Brennan is expected to provide an update on current business trends and will discuss the Company's value- creation strategy.

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.