Timothy H. Callahan

TIMOTHY H. CALLAHAN is President and Chief Executive Officer of Trizec
Properties, Inc., one of North America’s largest owners of commercial
office properties. He is also a member of Trizec’s Board of Directors.
Mr. Callahan was appointed in August 2002. Prior to joining Trizec, Mr.
Callahan served as President and Chief Executive Officer of Equity
Office Properties Trust from 1996. Under his leadership, Equity Office
went public as a U.S. real estate investment trust in July 1997 and
quadrupled its size through strategic acquisitions. Equity Office was
the first REIT included in the S&P500. Mr. Callahan was employed by
Equity Group Investments (EGI) from 1992 to 1995. As Executive Vice
President and Chief Financial Officer, he was responsible for
coordinating all financing and capital markets activities affecting EGI
and its portfolio investments, including real estate and corporate.
Prior to joining EGI in 1992, Mr. Callahan was Director of Development,
Northeast and subsequently Vice President of Finance with The Edward J.
DeBartolo Corporation in Youngstown, Ohio. Before joining DeBartolo, Mr.
Callahan was Senior Vice President at Chemical Realty Corporation, a
division of Chemical Bank. During his 14 years at Chemical, he was
responsible for all real estate lending activities with clients
throughout the Midwest and mid-Atlantic regions before transferring to
the investment bank, where he was responsible for various real estate
investment banking activities. Mr. Callahan received a Bachelor of Arts
degree from Notre Dame University in Notre Dame, Indiana. He also
attended New York University School of Business Administration in New
York City.