Brookfield Properties Corporation To Hold Conference Call and Webcast of 2007 First Quarter Financial Results Friday, April 27, 2007 at 11:00 a.m. E.T.

    NEW YORK, March 30 /CNW/ - Brookfield Properties Corporation (BPO: NYSE,
TSX) announced today that its 2007 first quarter results will be released
prior to the market open on Friday, April 27, 2007. Analysts, investors and
other interested parties are invited to participate in the company's live
conference call reviewing 2007 first quarter results on Friday, April 27, 2007
at 11:00 a.m. Eastern Time. Scheduled speakers are Ric Clark, President and
Chief Executive Officer, and Bryan Davis, Chief Financial Officer.
Management's presentation will be followed by a question and answer period.

    Along with the earnings news release, an updated supplemental information
package will be available on the company's Web site, before the market open on April 27, 2007.

    To participate in the conference call, please dial 866-825-3354; pass
code, 67392161 five minutes prior to the scheduled start of the call.

    A replay of this call can be accessed through May 27, 2007 by dialing
888-286-8010, pass code 56591892. A live web cast of the call will be
available at for 30 days.

    Brookfield Properties Corporation, one of North America's largest
commercial real estate companies, owns, develops and manages premier office
properties. The portfolio is comprised of interests in 113 office properties
totaling 74 million square feet in the downtown cores of New York, Boston,
Washington, D.C., Los Angeles, Houston, Toronto, Calgary and Ottawa. Landmark
assets include the World Financial Center in Manhattan, BCE Place in Toronto,
Bank of America Plaza in Los Angeles and Bankers Hall in Calgary. Brookfield
Properties also holds interests in over 17 million square feet of
high-quality, centrally-located development properties in its major markets.
Brookfield Properties trades on the NYSE and TSX under the symbol BPO. For
more information, visit

For further information:

For further information: Brookfield Properties Corporation Melissa
Coley, 212-417-7215 Vice President, Investor Relations and Communications

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