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Press Release -- January 20th, 2012
Source: Digital Realty Trust
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Digital Realty Trust, Inc. Announces Tax Treatment of 2011 Dividends

SAN FRANCISCO, Jan. 20, 2012 /PRNewswire/ -- Digital Realty Trust(NYSE:DLR, news, filings) today announced the tax treatment of its 2011 common and preferred stock dividends. Shareholders are urged to consult with their tax advisors as to their specific tax treatment of Digital Realty's distributions.

Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR

2011 reportable dividend of $2.386936 per share includes a portion (57.84%) of quarterly distribution declared in 2010 and paid in 2011, three quarterly distributions declared and paid in 2011, and a portion (5.94%) of quarterly distribution declared in 2011 and paid in January 2012. For tax reporting purposes, $2.386936 (100%) of 2011 reportable dividend will be classified as ordinary income on the 2011 Form 1099-DIV.

The following table contains this information on a quarterly basis.

Declaration Dates Record Dates Payment Dates Cash
Dividend
($ per share)
2011 Taxable Ordinary
Dividend
($ per share)
11/02/2010 12/15/2010 01/14/2011 $0.530000 $0.306544
02/10/2011 3/15/2011 03/31/2011 $0.680000 $0.680000
04/25/2011 06/15/2011 06/30/2011 $0.680000 $0.680000
07/25/2011 09/15/2011 09/30/2011 $0.680000 $0.680000
10/24/2011 12/15/2011 01/13/2012 $0.680000 $0.040392
2011 Totals $3.250000 $2.386936

Please note that of the $0.680000 quarterly distribution paid in January 2012, $0.040392 is included in 2011 taxable common dividends and $0.639608 will be included in 2012 taxable common dividends.

Digital Realty Trust, Inc. Preferred Stock Dividends

Series C Cumulative Convertible Preferred Stock Dividends
CUSIP # 253868509
Ticker Symbol: DLR-PC

2011 reportable dividend for Digital Realty's Series C Cumulative Convertible Preferred Stock was $1.812666 per share including taxable deemed distributions. For tax reporting purposes, $1.812666 (100%) of 2011 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.

Declaration Dates Record Dates Payment Dates Cash Dividend

($ per
share)

Dividend
Deemed
under IRC
Sec 305
2011 Taxable
Ordinary
Dividend
($ per share)
02/10/2011 03/15/2011 03/31/2011 $0.273438 $0.273438
03/15/2011 $0.321944 $0.321944
04/25/2011 06/15/2011 06/30/2011 $0.273438 $0.273438
07/25/2011 09/15/2011 09/30/2011 $0.273438 $0.273438
09/15/2011 $0.396970 $0.396970
10/24/2011 12/15/2011 12/30/2011 $0.273438 $0.273438
2011 Totals $1.093752 $1.812666

Series D Cumulative Convertible Preferred Stock Dividends
CUSIP # 253868608
Ticker Symbol: DLR-PD

2011 reportable dividend for Digital Realty's Series D Cumulative Convertible Preferred Stock was $2.333220 per share including taxable deemed distributions. For tax reporting purposes, $2.333220 (100%) of 2011 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.

Declaration Dates Record Dates Payment Dates Cash Dividend

($ per
share)

Dividend
Deemed
under IRC
Sec 305
2011 Taxable
Ordinary
Dividend
($ per share)
02/10/2011 03/15/2011 03/31/2011 $0.343750 $0.343750
03/15/2011 $0.504540 $0.504540
04/25/2011 06/15/2011 06/30/2011 $0.343750 $0.343750
07/25/2011 09/15/2011 09/30/2011 $0.343750 $0.343750
09/15/2011 $0.453680 $0.453680
10/24/2011 12/15/2011 12/30/2011 $0.343750 $0.343750
2011 Totals $1.375000 $2.333220

Series E Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868707
Ticker Symbol: DLR-PE

2011 reportable dividend for Digital Realty's Series E Cumulative Redeemable Preferred Stock was $0.515278 per share. For tax reporting purposes, $0.515278 (100%) of 2011 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.

Declaration Dates Record
Dates
Payment
Dates
Cash Dividend

($ per share)

2011 Taxable Ordinary
Dividend
($ per share)
10/24/2011 12/15/2011 12/30/2011 $0.515278 $0.515278
2011 Totals $0.515278 $0.515278

Note that ticker symbols may vary by stock quote provider.

About Digital Realty Trust, Inc.

Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data center needs. Digital Realty's customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty's 100 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 17.9 million square feet as of December 31, 2011, including 2.1 million square feet of space held for redevelopment. Digital Realty's portfolio is located in 31 markets throughout Europe, North America, Singapore and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website at http://www.digitalrealty.com.

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the payment of dividends on our common stock and preferred stock. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions including the downgrading of the U.S. government's credit rating; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and September 30, 2011. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Additional Information:
A. William Stein Pamela Matthews Garibaldi
Chief Financial Officer and Vice President, Investor Relations and
Chief Investment Officer Corporate Marketing
Digital Realty Trust, Inc. Digital Realty Trust, Inc.
+1 (415) 738-6500 +1 (415) 738-6500

SOURCE Digital Realty Trust, Inc.

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