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Press Release

Hudson Pacific Properties, Inc. Announces Second Quarter 2010 Earnings Release and Conference Call

July 26, 2010

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the “Company”) (NYSE:HPP) today announced it will release second quarter 2010 results after the market close on Monday, August 9, 2010. The Company will conduct a conference call to discuss the results at 10 a.m. PDT / 1 p.m. EDT on Tuesday, August 10, 2010.

To participate in the event by telephone, please dial (877) 941-2069 five to 10 minutes prior to the start time (to allow time for registration) and use conference ID 4329153. International callers should dial (480) 629-9713 and enter the same conference ID number.

The call will also be broadcast live over the Internet and can be accessed on the Investor Relations section of the Company’s Web site at www.hudsonpacificproperties.com. To listen to the live webcast, please visit the site at least 15 minutes prior to the start of the call in order to register, download and install any necessary audio software. A replay of the call will also be available for 90 days on the Company’s Web site.

For those unable to participate during the live broadcast, a replay will be available beginning August 10, 2010, at 1 p.m. PDT / 4 p.m. EDT, through August 17, 2010, at 8:59 p.m. PDT / 11:59 p.m. EDT. To access the replay, dial (877) 870-5176 and use passcode 4329153. International callers should dial (858) 384-5517 and enter the same conference ID number.

About Hudson Pacific Properties

Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in Northern and Southern California. The Company’s investment strategy is focused on high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics. These markets include Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and the East Bay. The Company’s portfolio includes eight properties totaling approximately 2.0 million square feet, strategically located in many of the Company’s target markets. The Company intends to elect to be taxed and to operate in a manner that will allow it to qualify as a real estate investment trust, or REIT, for federal income tax purposes, commencing with the taxable year ending December 31, 2010.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company’s control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s final prospectus dated June 23, 2010, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.

Source: Hudson Pacific Properties, Inc.

Contact:

Investor Contact:

Hudson Pacific Properties, Inc.

Mark Lammas

Chief Financial Officer

310-445-5700

or

Addo Communications, Inc.

Andrew Blazier

310-829-5400

andrewb@addocommunications.com

or

Media Contact:

Casey & Sayre

Karen Diehl

310-473-8090

kdiehl@cswpr.com