06 per diluted share,
and net loss was ($60,000), or $0.
-- Completed a combined $31.49 percent
amortized over an average of approximately 25 years. Assuming the Company is
able to close the purchase of all of the foregoing properties as currently
contemplated, these closings are expected to occur between the second quarter
of 2005 and the first quarter of 2006.2
million square feet of rentable space, representing an aggregate purchase
price of $564. The Group's
existing major clients includes municipal governments, government authorities
and other technology firms in China.

micronations citizens

The loan carries a fixed rate
of 5., for approximately $70.

Acquisition Update
Currently, Government Properties Trust has four properties consisting of
approximately 300,000 square feet of rentable space under contract for an
aggregate purchase price of approximately $82.com .

These and other forward-looking statements can be identified by the use of
words such as "may," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts ," "intends," "continue," or the negative of
such terms, or other comparable terminology.
Our actual results could differ materially from those anticipated in these
forward-looking statements as a result of various factors, including the fact
that our management only recently joined us; we must invest the proceeds of
our recent Offering on acceptable terms and timeframes; we depend on the U.15 $0.

congregation dogma

OMAHA, Neb.867 percent amortized over 30 years.V.4 percent fixed interest and is
interest-only for the first 14 months.4
percent fixed interest.
government for a significant portion of our revenues; our properties may have
a higher risk of terrorist attack because the U.20)
Income from discontinued operations - -
Net loss $- $(0. The New Three-Story, 96,000-Square-Foot Facility in Maple Grove
Houses Nearly 600 Employees with Room for Future Growth

MAPLE GROVE, Minn. "The Hartford has a
long tenure in Minnesota and we look forward to adding a new chapter to our
story here. 1 seller of
variable universal life insurance in the US, according to the 2004 Tillinghast
VALUE Survey.

consisting scotland

The loan carries a fixed rate of
5.m.
Minnesota Commissioner of Commerce Glenn Wilson, Maple Grove Mayor Mark
Steffenson, and Hartford Life President and Chief Operating Officer Tom Marra
were on hand to mark the opening of the new facility.
With its headquarters in Hartford, Conn.

spirituality situated

Government Properties Trust Announces First-Quarter Financial Results

0 million.8 million, 15-year loan for the Veterans Administration
Outpatient Clinic in Baton Rouge, La. The properties are 97
percent occupied and have a weighted average remaining lease term of
approximately 10 years. The
property is the Company's largest acquisition to date.
"Over the past few weeks, we have acquired approximately $125.

Supplemental Quarterly Financial and Operating Data
Government Properties Trust publishes supplemental quarterly financial and
operating data that can be found under the Investor Relations section of the
company's Web site at http://www.
CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)
THREE MONTHS ENDED
March 31,
2005 2004
Operating activities
Net loss $ (59,891) $(2,915,738)
Adjustments to reconcile net loss
to net cash used in operating activities:
Depreciation and amortization 1,322,217 280,109
Amortization of deferred financing fees 110,426 3,614
Compensation expense 181,074 108,751
Expense from issuance of warrants - 2,097,900
Changes in assets and liabilities:
Restricted cash escrows (12,194,769) 69,087
Tenant receivables (231,273) (53,180)
Note receivable from tenant 15,202 (704 ,111)
Other assets (1,361,821) (337,476)
Accounts payable and accrued expenses 744,194 555,086
Net cash used in operating activities (11,474,641) (895,958)
Investing activities
Expenditures for real estate (50,015,337) (4,416,735)
Deposits on future real estate purchases (966 ,588) (600,000)
Development of real estate assets (638,683) -
Restricted cash for letter of credit - (17,336,718)
Cash used in investing activities (51,620,608) (22,353,453)
Financing activities
Financing fees (1,173,586) -
Net (repayment) borrowing under lines
of credit - (3,047,655)
Proceeds from mortgage notes payable 52,632,219 -
Payments on mortgage notes payable --
affiliate - (1,639,219)
Repayments of advances from affiliate - (102,873)
Principal payments on mortgage notes payable (309,056) (78,118)
Proceeds from sale of common stock - 193,202 ,100
Offering costs paid - (16,176,798)
Dividends paid (3,104,340) (147,536)
Net cash provided by financing activities 48,045,237 172,009,901
Net (decrease) increase in cash and cash
equivalents (15,050,012) 148,760,490
Cash and cash equivalents, beginning
of period 93,814,813 760,859
Cash and cash equivalents, end of period $78,764,801 $149,521,349

GOVERNMENT PROPERTIES TRUST, INC
FFO RECONCILIATION

Three Months
Ended March 31,
2005 2004
Net loss $(59,891) $(2,915,738)
Adjustments to reconcile to funds
from Operations:
Real estate depreciation and amortization (a) 1,314,817 277 ,740
Funds from Operations $1,254,926 $(2,637,998)
Funds from Operations per common share $0. and its
subsidiaries, including the issuing companies of Hartford Life Insurance
Company and Hartford Life and Annuity Insurance Company.

dogma religion

20) per diluted share.7 million for the same quarter in 2004.C.18)
Weighted average shares outstanding 20,539,767 14,712,297

(a) Excludes depreciation of non-real estate assets of $7 ,400 and $2,368
for the three months ended March 31, 2005 and 2004, respectively. "The citizens of Maple
Grove applaud The Hartford's continued success and decision to become the
newest member of our corporate community."
Construction of the new facility, which includes a three-story glass -
fronted atrium and two wings of office space, began in April 2004.
KUNG SZE-CHAU, Chief Executive Officer of China Expert, stated, "We
completed the construction of the 1st phase e-government system in January
2005. The municipal government of Jinjiang city is pleased with the design
and implementation of the system as well as the efficiency brought to the
management of public affairs.

sine members

com .S. The company is located at 10250 Regency Circle,
Suite 100, Omaha, NE 68114., The Hartford has approximately
30,000 employees located across the United States, Japan, Brazil, the United
Kingdom and Canada . We assume no obligation to update this release, which speaks as
of the date issued. Under the contract,
the construction will be commenced in May 2005 and completed in August 2006. ("CXTI") is a company listed on the OTC BB
in the USA (Trading Symbol: CXTI) and its subsidiaries (collectively the
"Group") situated in Hong Kong and China, are specialized in providing large-
scale network infrastructure construction (mainly e-government projects) for
communities and municipal governments in China.

consisting situated

9 million. invests primarily in single tenant
properties under long-term leases to the U . web site at http://www., The Hartford
Financial Services Group, Inc. In order to build a service -oriented
e-government system, the municipal government will, in the 2nd phase
construction, enhance coordination and cooperation of government departments
and improve public notifications and public hearings to expand citizens'
participation in the management of public affairs.

Universal Life Church micronations.

square formed

-- Completed a $1.1 million, 10-year loan for the 1201 Lloyd Street
Property in Portland.
In addition, the Company has 11 acquisition prospects currently in various
stages of internal underwriting and due diligence consisting of over 3. is a self-managed, self-administered real estate
investment trust, or REIT.

The Hartford is one of the nation's largest financial services and
insurance companies, with 2004 revenues of $22.

citizens congregatio

(NYSE: GPP), a self-managed, self-administered real estate investment
trust, today announced results for the first quarter ended March 31, 2005 . The weighted average number of
diluted shares outstanding was 20. Thereafter, the loan is
amortized over 20.

Significant Accomplishments Subsequent to March 31, 2005

-- Completed the acquisition of the 270,000-square-foot Niagara Center
property in Buffalo , N.6 million.15 per share in April 2005.vcall. Forward-looking statements also
include the assumptions underlying or relating to any of the foregoing
statements.

congregatio life

This compares with FFO for the quarter ended March 31, 2004
of ($2.75 percent.
We believe FFO is useful to investors as an indicator of our ability to
service debt and pay cash distributions. FFO does
not represent cash generated from operating activities determined in
accordance with GAAP, and should not be considered as an alternative to
operating income or net income determined in accordance with GAAP as an
indicator of performance or as an alternative to cash flows from operating
activities as an indicator of liquidity . All life insurance products are issued by Hartford Life Insurance
Co.
We caution investors that these forward-looking statements are not guarantees
of future performance, and actual results may differ materially.

universal members

18) per diluted share, and a net loss of
($2.867 percent amortized over 30 years .
-- Completed the acquisition of the 35,000-square-foot 186 Exchange
property in Buffalo for approximately $5.S.
CONSOLIDATED BALANCE SHEETS

March 31, December 31,
2005 2004
(UNAUDITED)
ASSETS
Real estate at cost:
Land $19,893,237 $13,713,237
Buildings and improvements 154,111 ,381 117,069,518
Tenant origination costs 33,422,192 26,628,718
Real estate under development 1,819,206 1,180,523
Furniture and equipment 188,207 185,818
209 ,434,223 158,777,814
Accumulated depreciation (4,729,364) (3,407,147 )
204,704,859 155,370,667
Cash and cash equivalents 78,764,801 93,814,813
Restricted cash escrows 14,298,107 2,103,338
Tenant receivables 1,733,123 1,501,850
Notes receivable from tenant 650,014 665,216
Deferred costs, net 2,000,316 937,156
Real estate deposits 1,652,581 685,993
Other assets 2,600,986 1,241,554
Total assets $306,404,787 $256 ,320,587

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Accounts payable and accrued expenses $3,830,846 $3,226,655
Dividends payable 3,108,269 3,104,340
Mortgage notes payable 129,908 ,060 77,584,897
Total liabilities 136,847,175 83,915,892
Stockholders' equity:
Common stock ($0.7 billion.

overscaig caithness

-- Completed a $14.

Portfolio Overview
On March 31, 2005, Government Properties Trust's portfolio consisted of 13
properties totaling approximately 853,403 rentable square feet with an
aggregate contract purchase price of $203. Employees moved to the new facility from The Hartford's offices in
Plymouth, which will continue to house employees who support some IT and
project management functions."
"We are excited about The Hartford's growing presence in Minnesota,"
Commissioner Wilson said.
(OTC Bulletin Board: CXTI), a company that specializes in providing large
scale network infrastructure construction mainly for e-government projects for
communities and municipal governments in China has been awarded an
e-government contract worth $10 million to construct the 2nd phase
e-government system for Jinjiang city, Fujian province. Its income is derived mainly from four
areas, e-government, technology achievement appraisal, expert consultation and
project database.

foot overscaig

9) million, or ($0. Part of the loan has a
principal amount of $26.0 million is interest-only
and carries a fixed rate of 5. Peschio , Government
Properties Trust's President and Chief Executive Officer. The
conference call will be simulcast live on the Internet, and can be accessed by
logging onto http://www.S.15
Weighted average shares outstanding
(basic and diluted) 20,539,767 14,712 ,297

GOVERNMENT PROPERTIES TRUST, INC.

universal citizens

Total revenue for the
three months ended March 31, 2005 was $4.
-- Completed a $39. A replay will be available at the company 's site. Government
Properties Trust, Inc.
All forward-looking statements included in this press release are based on
information available to us on the date hereof.gptrust.06 $(0 ."
"Maple Grove is one of the fastest growing communities in the Metro area
and we couldn't be more pleased that The Hartford chose to locate its
beautiful new facility here," Mayor Steffenson said.

sine scotland

3 million, or $0. The loan carries a
fixed rate of 5.5 years with a firm term of 15 years and 5.

About Government Properties Trust, Inc. government.

Non-GAAP Financial Information
This press release contains non-GAAP financial information, including
funds from operations (FFO). We use FFO for internal budgeting and
planning purposes.
CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)
THREE MONTHS ENDED
MARCH 31,
2005 2004
Revenue:
Rental income $4,324,110 $1,043,993
Tenant reimbursements 179,654 -
Total revenue 4,503,764 1,043,993
Expenses:
Property operations 855,002 247,778
Real estate taxes 456,204 148,097
Depreciation and amortization 1,322,217 280,109
General and administrative 1,140 ,272 1,030,544
Total expenses 3,773,695 1,706,528
Operating income (loss) 730,069 (662,535)
Other income (expense ):
Interest income 658,193 243,269
Interest expense (1,337,727) (398,829)
Expense from issuance and exercise
of warrant - (2,097,900)
Amortization of deferred financing fees (110,426) (3,614)
Loss from continuing operations (59,891) (2,919,609)
Discontinued operations:
Income from operations of disposed property - 3,871
Net loss $(59,891) $(2,915,738)
Earnings per share (basic and diluted):
Loss from continuing operations $- $(0. These important risks and uncertainties include those
discussed in our Quarterly Reports on Form 10-Q, our 2004 Annual Report on
Form 10-K and the other filings we make with the Securities and Exchange
Commission.

Contact(s):
David Potter David Lafrennie
860-843-8993 860-843-6154
david.

overscaig religion

, Government Properties Trust,
Inc.
-- Completed a $4.8 million, 5.75 percent .

First-Quarter Conference Call and Webcast
Government Properties Trust will hold a conference call to discuss first-
quarter results at 11:00 a.
Government Properties Trust , Inc. We assume no obligation to
update any forward-looking statements.

The Hartford Announces Grand Opening of New Life Insurance Operations Center

overscaig citizens

, for approximately $49.
"We decided to open our new Maple Grove facility to accommodate the
continued growth of The Hartford's individual life insurance business," Marra
said.
The Hartford, through its issuing companies, is the No. and Hartford Life and Annuity Insurance Co. The company is a
leading provider of investment products, life insurance and group benefits;
automobile and homeowners products; and business property -casualty insurance.com

life members

6) million, or ($0.4 million.

China Expert Technology Awarded A $10 Million New E-Government Contract in China

The Group also utilizes its
network with experts from various universities in China to deploy business and
IT consultancy services to corporations in Hong Kong and China.

dogma citizens

00 per diluted share, for the quarter ended
March 31, 2005.

Significant First-Quarter Events

-- Completed the acquisition of the 224,000-square-foot 1201 Lloyd
Boulevard property in Portland, Ore.6 million, 15-year loan for the Hollings Judicial
Center Annex in Charleston, S. The loan carries a fixed rate of 5. government is our principal
tenant; we plan to incur debt to finance, on average, approximately 75% of the
acquisition cost of the properties we buy; some of our leases may not provide
for a full pass-through of increases in property operating costs; we may make
distributions that include a return of capital as well as the other the risks
discussed from time to time in our SEC filings. The
development and construction of the new facility was overseen by Ryan
Companies US, Inc. In addition, The Hartford sells universal life, whole life and
term life.

dogma burn

867 percent amortized over 30 years. The remaining $5.0 million.

Legal Notices
Forward-looking information

This press release contains forward -looking statements. These forward-
looking statements include estimates regarding:

-- the expected revenues from our properties,
-- our use of Offering proceeds, and
- - our growth strategy and intentions. This press release also contains the most
directly comparable GAAP information and a GAAP to non-GAAP reconciliation.
For additional information, please visit the Government Properties Trust,
Inc.

both micronations

First-Quarter 2005 Results
Funds from operations (FFO) was $1.4 million, 15-year loan for the Drug Enforcement
Administration building in Bakersfield, Calif.8 million loan for the Bureau of Public Debt
Headquarters in Parkersburg , W.0 million in
properties, which nearly matches our acquisition total for all of 2004. Our
goal remains to fully deploy our funds by year end, enjoying the full impact
of these rental receipts in 2006," stated Thomas D.com or the Company's Web site at
http://www.
FFO, as calculated by us, may not be comparable to FFO reported by other
companies that do not define these terms exactly as we define them. (NYSE: HIG), as part of an effort to keep pace
with its rapidly growing individual life insurance business, today unveiled
its new 96,733-square-foot operations center for nearly 600 employees.
The Hartford is The Hartford Financial Services Group, Inc.
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of 1995.

both square

0 million
for the same quarter in 2004. See the attachment to this press release for a
reconciliation of FFO and net loss, the most directly comparable Generally
Accepted Accounting Principles (GAAP) measure.0 million at an indicated
weighted average capitalization rate of 8.gptrust.com . "We're very pleased that The Hartford has
recognized the great workforce talent and friendly business environment that
we have to offer. Approximately 1,500 employees of The Hartford work in
Minnesota and are scattered among 11 different offices across the state."

About the e-government project:
The e-government project is aimed to establish a national electronic
government system, in which the existing and expecting government networks and
applied systems can be combined to form united technology standard and
regulation and consequently a united national government service platform.

religion universal

5 million for the quarter ended March 31,
2005 and 14.5 million compared with $1.Y.gptrust.

Financial Tables and Non-GAAP to GAAP Reconciliations Follow

GOVERNMENT PROPERTIES TRUST, INC.01 par value; 50,000,000
shares authorized, 20,721,796 and
20,695,567 shares issued and outstanding
at March 31, 2005 and December 31, 2004,
respectively) 205,690 205,223
Additional paid-in capital 188,579,840 188,259,230
Accumulated deficit (19,227,918) (16,059,758)
Total stockholders' equity 169,557,612 172,404,695
Total liabilities and stockholders' equity $306,404,787 $256 ,320,587

GOVERNMENT PROPERTIES TRUST, INC.
"Maple Grove, with its proximity to the Twin Cities, the availability of a
skilled and educated workforce, and a business -friendly environment, is a
great choice for our new operations center," Marra said.lafrennie@hartfordlife .
The term e-government is a process in which the government is able to take
advantage of modern information and communication technologies to integrate
the management and service on Internet, optimize and reform the government
structures and working processes, and provide good and standard international
administration and service to the society beyond time and space limit.

About China Expert Technology, Inc:
CHINA EXPERT TECHNOLOGY, INC.

caithness catolica

-- Paid a first-quarter dividend of $0 . Eastern time on Wednesday, May 4, 2005.20)
Distributions declared per share $0.
The three-story facility is now home to employees who handle underwriting,
policy administration and processing, human resources, legal, information
technology, as well as sales and marketing for The Hartford's Middle America
business. "Our operations center has contributed to that growth, and we see even
better days ahead. Investors
should consider the important risks and uncertainties that may cause actual
results to differ. - 15 Months Contract for 2nd Phase E-Government System of Jinjiang City,
Fujian -

HONG KONG, China Expert Technology Inc.

Safe Harbor under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release
are forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, regulatory approval processes, the impact of competitive
products or pricing, technological changes, the effect of economic conditions
and other uncertainties as may be detailed in the Company's filings with the
Securities and Exchange Commission.