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Catellus to Host Third Quarter Earnings Conference Call on November 4, 2004 SAN FRANCISCO, Sept. 30 /PRNewswire-FirstCall/ -- Catellus Development Corporation (NYSE:CDX) will host a conference call on Thursday, November 4, at 9:00 a.m. Pacific Time (10:00 a.m. Mountain, 11:00 a.m. Central, and Noon Eastern) to discuss third quarter results. Catellus will release financial results for the third quarter on Wednesday, November 3, 2004, after the close of the day's trading on the New York Stock Exchange. To participate in the conference call, dial 800-510-0219 (domestic) or 617-614-3451 (international) and enter access code 84518863 prior to the beginning of the call. Access the live webcast of the conference call from the Investor Relations section of Catellus' website at http://www.catellus.com/. You may also access the live webcast through http://www.streetevents.com/. The telephonic replay will be available to November 18, 2004, at 888-286-8010 (domestic) or 617-801-6888 (international) with the access code 91468081. The webcast replay will be available to November 4, 2005, from the Investor Relations section of Catellus' website at http://www.catellus.com/ or at http://www.streetevents.com/. Catellus Development Corporation is a publicly traded real estate development company that began operating as a real estate investment trust effective January 1, 2004. The company owns and operates approximately 41.4 million square feet of predominantly industrial property in many of the country's major distribution centers and transportation corridors. Catellus' principal objective is sustainable, long-term growth in earnings, which it seeks to achieve by applying its strategic resources: a lower-risk/ higher-return rental portfolio, a focus on expanding that portfolio through development, and the deployment of its proven land development skills to select opportunities where it can generate profits to recycle back into its business. More information on the company is available at http://www.catellus.com/. CONTACT: Derek Fritz, Investor Relations of Catellus, +1-415-974-3781. DATASOURCE: Catellus Development Corporation CONTACT: Derek Fritz, Investor Relations of Catellus, +1-415-974-3781 Web site: http://www.catellus.com/

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