John Guinee

John Guinee joined the Stifel Nicolaus Research Team in connection with Stifel’s
acquisition of Legg Mason’s Capital Markets Group in December 2005. He joined
Legg Mason in February 2005. He was Executive Vice President and Chief
Investment Officer of Duke Realty from 2003 to 2005. Duke Realty, a $8 billion
company, is the largest office and industrial real estate investment trust in
the United States. He was responsible for leading the company’s acquisition and
disposition efforts. From 1997 through 2001, he was an Executive Vice President
and the Chief Investment Officer of Charles E. Smith Residential Realty. He was
responsible for formulating and executing the company’s investment strategy. The
company sold to Archstone for $3.6 billion in May 2001. From 1985 through 1997,
he was a Managing Director with LaSalle Advisors (Alex. Brown Kleinwort Benson
prior to a merger). During that 12-year period, his functions included serving
as the head of the Investment Department, co-head of the Asset Management
Department, and leading the REIT securities private placement effort. Additional
responsibilities at LaSalle Advisors included portfolio management, capital
raising and investor relations. From 1982 through 1985, he was a development
manager with Gerald D. Hines Interests in San Francisco. He has an MBA degree
from the University of Virginia-Darden School, and a BA degree in Economics from
the University of Virginia.