Baltimore Crossroads @95 Attracts Second White Marsh-Area Company Within the Week With Signing of Flextronics International USA

BALTIMORE (August 13, 2008) – Flextronics International USA, an electronic
manufacturing services (EMS) provider headquartered in Singapore, has signed a 11,032 square foot lease
with St. John Properties, Inc. at 11655 Crossroads Circle within Baltimore Crossroads @95 in Baltimore
County. Together with Danfoss, a United States division of The Danfoss Group, Flextronics represents the
second company in the past month to announce its intention to re-locate from the White Marsh area to this
1000-acre mixed-use business community. Flextronics – Retail Services division will move approximately
25 permanent location employees and its Regional Training Facilities, when they complete their move next
month while Danfoss will bring 230 employees to its build-to-suit facility positioned near the intersection
of MD Route 43 and Interstate 95.

Flextronics International delivers complete design, engineering and manufacturing
services to automotive, computing, consumer digital, industrial, infrastructure, medical and mobile original
equipment manufacturers (OEM). The company helps customers design, build, ship, and service
electronics products through a network of facilities in 30 countries on four continents. In June, the
company entered into a definitive agreement to acquire Solectron, with plans to create a diversified global
provider of advanced design and vertically integrated electronics manufacturing services.

“Continued growth and demand from customers within our core markets, combined with
the expected expansion of our corporate structure, has created an immediate need for more technical, office
and training space,” stated Jim Kircher, VP of Flextronics International USA. “The product we have
selected at St. John Properties offers an ideal blend of options that we can customize for our exact uses. The building’s relative proximity to our existing space was also a strong consideration in
our decision to re-locate and minimize the disruption of our employees’ commutes.”

“The Flextronics lease, following close on the heels of the Danfoss announcement,
indicates the leasing momentum that has been generated this summer at Baltimore Crossroads @95, as an
increasing number of companies recognize the attractive business environment that has been created at the
business community,” stated Jerry Wit, Senior Vice President for Marketing and Leasing for St. John
Properties. “The community offers a congestion-free atmosphere in a park-like setting that is conducive to
emerging and rapidly-growing companies,” he added.

Upon final completion, Baltimore Crossroads @95 is configured to support more than
five million square feet of commercial office, flex/research and development, warehouse and industrial
space, as well as two hotels and 450,000 square feet of retail space. The community is positioned off the
new MD Route 43 extension that connects Eastern Boulevard with Interstate 95 and is approximately 10
miles from downtown Baltimore City.

St. John Properties is also developing Crossroads Village Center, the Main Street-style
retail component, designed to service the more than 175,000 consumers who reside within a five-mile
radius of Baltimore Crossroads and the 10,000 employees who are expected to work in the project.


For media inquiries,

Contact: Larry Lichtenauer

Lawrence Howard & Associates, Inc.