News Release

For Immediate Release:

Debbie Wilson Accepts CREW Awards on Behalf of Crescent

HOUSTON, TX, December 11, 2003 - Debbie Wilson, vice president leasing at Houston Center, accepted two Commercial Real Estate Women (CREW) awards for Crescent at the annual CREW luncheon.

Debbie, an active member of Houston CREW accepted these awards:

• The Partner Award - for Crescent's sponsorship of CREW this year

• The Champion Award - for the company who has provided the most support to CREW over the year.

Both of these awards are currently in the Houston Center property management office. Congratulations to Debbie, Frank Staats, vice president property management, and Houston Center on these awards.