Article: Great Lakes REIT Reports $0.17 EPS and $0.48 FFO Per Common Share for First Quarter 2003.

Business Editors

OAK BROOK, Ill.--(BUSINESS WIRE)--April 15, 2003

Great Lakes REIT (NYSE:GL):

Great Lakes REIT First Quarter Highlights

-- Net Income of $2.7 million, or $0.17 per common share

-- Funds From Operations (FFO) of $7.9 million, or $0.48 per

common share

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