2007 NAREIT leader in the light

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1 Economic Prosperity Environmental Stewardship Social Responsibility 2007 NAREIT leader in the light Recognizing Excellence in Energy efficiency Application Materials

2 2007 NAREIT leader in the light Recognizing Excellence in Energy efficiency NAREIT (National Association of Real Estate Investment Trusts), in collaboration with ENERGY STAR, will honor its member companies that have demonstrated superior and sustained energy use practices. The NAREIT Leader in the Light award recognizes company-wide operations which generate substantially improved energy efficiency and expense management. All NAREIT members are encouraged to apply for a 2007 Leader in the Light award. To be considered, an organization must complete an online application by Friday, September 14, Winners will be recognized at the NAREIT Annual Convention, November 14-16, in Las Vegas, NV. Application Instructions Complete the application and submit via online, fax or by mail. Make sure to respond to the entire award criteria specified in the application. Provide specific information about your efforts in the most recent 12 months. While planned activities for 2007 or beyond are of interest to NAREIT, they should not be the focus of the award application. Should you provide additional information (annual reports, articles, etc), please send 4 copies of each piece of material to: NAREIT Leader in the Light Award 1875 I Street, NW, Ste. 600 Washington, DC Scoring: Applications will be judged by a panel of three experts from the fields of academia, business/finance, and ENERGY STAR. Confirmation of Receipt: Upon delivery of each application, NAREIT will confirm receipt to the address from which the application was sent. If you do not receive confirmation within one week of sending your application, please contact Meghna Mathur at or at Notification: There will be three winners determined by the judges in the category of Gold, Silver, and Bronze. Winners will be notified by October 29, 2007.

3 Leader in the Light Application p.1 Contact Information: Official Name of Organization or Company Street Address City State Zip Code Primary Contact Name Title Address Phone Fax Communications/IR Contact Phone Communications/IR Contact Address Fax Section 1 Organizational Commitment & Approach Describe your organization s goals and commitment to continuous improvement in energy performance. Illustrate how your organization tracks energy consumption, how this information is used in the overall energy management strategy and the value derived from benchmarking.energy performance. Examples of organizational commitment include, but are not limited to descriptions of: Executive leadership Energy and procurement policies Reporting mechanisms for accomplishments Energy team Employee involvement and incentive/recognition programs Multi-year, quantifiable energy reduction goals Developing reputation as a socially responsible organization Energy management plans and initiatives Contracts and supplier relationships (i.e., brokers, vendors, service providers)

4 Leader in the Light Application p.2 Section 2 Financial and Environmental Value Of Energy Achievements Describe how your organization translates energy savings into financial, environmental and business equivalents. Illustrate the organization s efforts to strategically communicate achievements to all stakeholders, such as: tenants, industry peers, staff, shareholders, board of directors, investors, etc. Examples of translating and communicating the value of energy achievements include, but are not limited to: Results equivalent to increasing profit margins or net operating income by X% Energy cost savings resulted in an additional $X earnings per share and the creation of roughly $Y in shareholder value (www.energystar.gov/fvc) Asset value of property increased by X million dollars Environmental benefits of energy saved (www.usctcgateway.net/tool) Integrating energy program with corporate communications / investor relations Highlighting accomplishments in staff and client communications Including achievements in annual reports, investor conference calls, and press releases Section 3 Portfolio-Wide Energy Use Complete the table below. Include summary information for all facilities in your portfolio. For benchmarking, use either the US EPA (Environmental Protection Agency) energy performance rating (insert hyper link to or other commercially available utility tracking/auditing method. Applicants input the following information: *Conversion factors for fuel sources can be found at Certification Statement: I certify that the information provided in this application is true and accurate to the best of my knowledge. Name Title Date

5 Leader in the Light Application p.3 Based on web site programming, the online application generates the following table for award judges to review:

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