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Digital Realty Trust, Inc. Announces Tax Treatment of 2013 Dividends



     Digital Realty Trust, Inc. Announces Tax Treatment of 2013 Dividends

PR Newswire

SAN FRANCISCO, Jan. 27, 2014

SAN FRANCISCO, Jan. 27, 2014 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE:
DLR) announced today the tax treatment of its 2013 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

The 2013 reportable dividend of $3.673285 per share includes one quarterly
distribution declared in 2012 and paid in January 2013, three quarterly
distributions declared and paid in 2013, and a portion (77%) of one quarterly
distribution declared in 2013 and paid in January 2014. The 2013 reportable
dividend will be classified on Form 1099-DIV as follows:  $2.754992 per share
(75%) as ordinary income and $0.918293 per share (25%) as capital gain
distribution.

The following table contains this information on a quarterly basis.

                                            2013       2013      2013         2013
                                  Cash                 Taxable
                                  Dividend  Reportable Ordinary  Total        Unrecap
                                            Dividend   Dividend  Capital Gain Sec. 1250
Declaration Record     Payment    ($ per                         Distribution Gain
Dates       Dates      Dates      share)    ($ per     ($ per    ($ per
                                            share)     share)    share)       ($ per
                                                                              share)
10/30/2012  12/14/2012 01/15/2013 $0.730000 $0.730000  $0.547506 $0.182494    $0.021928
02/12/2013  03/15/2013 03/29/2013 $0.780000 $0.780000  $0.585006 $0.194994    $0.023430
05/01/2013  06/14/2013 06/28/2013 $0.780000 $0.780000  $0.585006 $0.194994    $0.023430
07/23/2013  09/13/2013 09/30/2013 $0.780000 $0.780000  $0.585006 $0.194994    $0.023430
10/22/2013  12/13/2013 1/15/2014  $0.780000 $0.603285  $0.452468 $0.150817    $0.018122
2013 Totals                                 $3.673285  $2.754992 $0.918293    $0.110340

Please note that of the $0.780000 quarterly distribution paid in January 2014,
$0.603285 is included in the 2013 taxable common dividend and $0.176715 will
be included in the 2014 taxable common dividend.

Series E Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868707
Ticker Symbol: DLRPRE

The 2013 reportable dividend for Digital Realty's Series E Cumulative
Redeemable Preferred Stock was $1.750000 per share. For tax reporting purposes
the 2013 reportable dividend will be classified as follows:  $1.312512 per
share (75%) as ordinary taxable income and $0.437488 per share (25%) as
capital gain distribution. 

The following table contains this information on a quarterly basis.

                                            2013       2013      2013         2013
                                  Cash                 Taxable
                                  Dividend  Reportable Ordinary  Total        Unrecap
                                            Dividend   Dividend  Capital Gain Sec. 1250
Declaration Record     Payment    ($ per                         Distribution Gain
Dates       Dates      Dates      share)    ($ per     ($ per    ($ per
                                            share)     share)    share)       ($ per
                                                                              share)
02/12/2013  03/15/2013 03/29/2013 $0.437500 $0.437500  $0.328128 $0.109372    $0.013142
05/01/2013  06/14/2013 06/28/2013 $0.437500 $0.437500  $0.328128 $0.109372    $0.013142
07/23/2013  09/13/2013 09/30/2013 $0.437500 $0.437500  $0.328128 $0.109372    $0.013142
10/22/2013  12/13/2013 12/31/2013 $0.437500 $0.437500  $0.328128 $0.109372    $0.013142
2013 Totals                       $1.750000 $1.750000  $1.312512 $0.437488    $0.052568

Series F Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868806
Ticker Symbol: DLRPRF

The 2013 reportable dividend for Digital Realty's Series F Cumulative
Redeemable Preferred Stock was $1.656252 per share. For tax reporting purposes
the 2013 reportable dividend will be classified as follows:  $1.242200 per
share (75%) as ordinary taxable income and $0.414052 per share (25%) as
capital gain distribution. 

The following table contains this information on a quarterly basis.

                                            2013       2013      2013         2013
                                  Cash                 Taxable
                                  Dividend  Reportable Ordinary  Total        Unrecap
                                            Dividend   Dividend  Capital Gain Sec. 1250
Declaration Record     Payment    ($ per                         Distribution Gain
Dates       Dates      Dates      share)    ($ per     ($ per    ($ per
                                            share)     share)    share)       ($ per
                                                                              share)
02/12/2013  03/15/2013 03/29/2013 $0.414063 $0.414063  $0.310550 $0.103513    $0.012438
05/01/2013  06/14/2013 06/28/2013 $0.414063 $0.414063  $0.310550 $0.103513    $0.012438
07/23/2013  09/13/2013 09/30/2013 $0.414063 $0.414063  $0.310550 $0.103513    $0.012438
10/22/2013  12/13/2013 12/31/2013 $0.414063 $0.414063  $0.310550 $0.103513    $0.012438
2013 Totals                       $1.656252 $1.656252  $1.242200 $0.414052    $0.049752

Series G Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868889
Ticker Symbol: DLRPRG

The 2013 reportable dividend for Digital Realty's Series G Cumulative
Redeemable Preferred Stock was $1.068926 per share. For tax reporting purposes
the 2013 reportable dividend will be classified as follows:  $0.801703 per
share (75%) as ordinary taxable income and $0.267223 per share (25%) as
capital gain distribution. 

The following table contains this information on a quarterly basis.

                                            2013       2013      2013         2013
                                  Cash                 Taxable
                                  Dividend  Reportable Ordinary  Total        Unrecap
                                            Dividend   Dividend  Capital Gain Sec. 1250
Declaration Record     Payment    ($ per                         Distribution Gain
Dates       Dates      Dates      share)    ($ per     ($ per    ($ per
                                            share)     share)    share)       ($ per
                                                                              share)
05/01/2013  06/14/2013 06/28/2013 $0.334550 $0.334550  $0.250915 $0.083635    $0.010049
07/23/2013  09/13/2013 09/30/2013 $0.367188 $0.367188  $0.275394 $0.091794    $0.011030
10/22/2013  12/13/2013 12/31/2013 $0.367188 $0.367188  $0.275394 $0.091794    $0.011030
2013 Totals                       $1.068926 $1.068926  $0.801703 $0.267223    $0.032109

Note that ticker symbols may vary by stock quote provider.

About Digital Realty

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 financial services, cloud and information technology
services, to manufacturing, energy, health care and consumer products. 
Digital Realty's 130 properties, including twelve properties held as
investments in unconsolidated joint ventures, comprised approximately 23.8
million square feet as of September 30, 2013, including 2.8 million square
feet of space held for development.  Digital Realty's portfolio is located in
33 markets throughout North America, Europe, Asia 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 downgrade 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 developed properties or businesses; the suitability of our
properties and data center infrastructure, delays or disruptions in
connectivity, failure of our physical infrastructure or services or
availability of power; risks related to joint venture investments, including
as a result of our lack of control of such investments; delays or unexpected
costs in development 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 development; 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, 2012 and Quarterly Reports on
Form 10-Q for the quarters ended March 31, 2013, June 30, 2013 and September
30, 2013.  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.

A. William Stein            John J. Stewart
Chief Financial Officer and Senior Vice President
Chief Investment Officer    Investor Relations
Digital Realty Trust, Inc.  Digital Realty Trust, Inc.
+1 (415) 738-6500           +1 (415) 738-6500

SOURCE Digital Realty Trust, Inc.

Website: http://www.digitalrealtytrust.com
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