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Kempner, CEO of
Financial Relations Board .C.

ABOUT THE DALLAS OPERA

2005-2006 Season Information:
The Dallas Opera celebrates its 49th anniversary season with 20
performances of five productions in the Music Hall at Fair Park.

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In remarks made prior to official announcement at the board meeting and
annual appreciation dinner for the Board and Trustees, held at the Adolphus
Hotel in downtown Dallas, Dallas Opera Board President John T. William W. And, in an economy that depends
more and more heavily on the availability, variety and health of the
performing arts as well as other cultural and entertainment opportunities;
this is outstanding news for the people of the Greater Dallas/Fort Worth
area," said Ms. and matinees begin at 2 p.

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Handel
January 27, 29(m), February 1 + 4 , 2006 (New Production)

The Magic Flute by W.

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C. Dr. Stone.
"For nearly fifty years , The Dallas Opera has provided the grandest
entertainment in Texas. Stone.

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About Financial Relations Board

For more than 40 years, the Financial Relations Board has been one of the
nation 's leaders for investor relations and financial communications. Winspear rose
to the occasion by promising another half million dollars in matching monies
towards the cause.

Schedule:

Cavalleria rusticana/Pagliacci by Pietro Mascagni and Ruggiero
Leoncavallo
November 11, 13(m), 16 and 19, 2005 (New Dallas Opera production)

The Tales of Hoffmann by Jacques Offenbach
December 2, 4(m), 7 + 10, 2005 (New production)

Ariadne auf Naxos by Richard Strauss
January 6, 8(m), 11 + 14, 2006 (New production)

Rodelinda by G.

The Dallas Opera is supported, in part, by funds from: City of Dallas,
Office of Cultural Affairs; TACA; Texas Commission on the Arts; and the
National Endowment for the Arts, a federal agency.

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Baker brings more than 25 years of
dedicated financial communications experience across multiple industries
and expertise within the REIT industry.

Baker is a member of the National Investor Relations Institute, the
National Association of Real Estate Editors, the Public Relations Society
of America and the National Association of Real Estate Investment Trusts.
Winspear and Mark Meadows of The Meadows Foundation. Evening
performances begin at 7:30 p.m. Mozart
February 17, 19, 22 + 25, 2006 (New production from San Diego Opera)

Ticket Information:

Subscriptions to The Dallas Opera's 2005-06 Season are currently on sale.

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The
firm offers a full array of services including deep expertise in corporate
positioning and communication, investment community targeting (market
intelligence), financial media relations, shareholder management services,
valuation analysis and the company's industry-leading Strategy Consulting
Group. F.

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PRESS RELEASE Financial Relations Board Names Victoria Baker Vice President; Builds Washington D.C. Presence

Prior
to that, Baker served for 19 years as the senior communications officer of
the National Association of Real Estate Investment Trusts (NAREIT), where
she directed the association's communications, public relations , media and
marketing programs.financialrelationsboard. Cody, Jr.

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Financial Relations Board (FRB), one of the
nation's leaders in investor relations for more than 40 years, today
announced the addition of Victoria Baker as vice president in the firm's
newly opened Washington, D.

"As a leading arts employer in North Texas, it is meaningful -- and right
-- that The Dallas Opera would be a leader in restoring fiscal responsibility
during what may be the toughest period we have ever faced.

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DALLAS, The Dallas Opera will close the books on
the 2004-2005 fiscal year "in the black," having eliminated in just two years
a nearly $800,000 accumulated deficit .
Subscription ticket prices range from $80 to $970.

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The addition of Vicki will add
significant expertise and experience in the REIT market both in the
metropolitan Washington, D. EASY-TO-READ
ENGLISH TRANSLATIONS ARE PROJECTED ABOVE THE STAGE AT EVERY PERFORMANCE.

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C.
She holds a bachelor of arts degree in English Language and Literature
from the University of Delaware, and is a graduate of the U. The Dallas Opera defeated projections
that the company deficit would grow to $1."
Also on hand for the stellar occasion were several individuals who played
key roles in the quest to defeat the deficit, including Dr.
Ultimately, the goal was reached through a combination of cost-cutting
measures and patron and donor gifts, despite a continued shortfall in overall
ticket sales since 9/11.
"It is safe to say that The Dallas Opera has not only met but also
exceeded the financial challenge of our time.

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For more information or to order
tickets, contact The Dallas Opera Ticket Services Office at (214) 443-1000 or
visit TDO's web site at dallasopera.

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For more information on Financial
Relations Board, visit www.com.

The Dallas Opera Announces the Deficit-Free 2005 Season Finale!

Advertising support from The Dallas Morning News.

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office.," said Michael W.

Prior to FRB, Baker was founder and principal of Victoria Baker
Enterprises, where she designed and implemented strategic corporate
communications and media relations programs for clients nationwide. Headquartered in Chicago, the firm has
full-service offices in New York, Los Angeles , Boston, San Francisco and
Washington, D.

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C.

"Vicki is an excellent addition to our team and will help us build a strong
presence for FRB in Washington, D. "In addition to her tremendous background in
financial communications, her vast REIT experience further solidifies FRB's
industry-leading REIT practice. region and throughout the nation. Additionally, Baker organized a public relations
campaign to advance interest in REITs both nationally and internationally
with professional and individual investors and the media. Chamber of
Commerce Institute for Organization Management.5 million during that same period.
The complete elimination of the accumulated deficit was considered a
critical priority, as the company prepares for its move to the Dallas Center
for the Performing Arts in 2009 .

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We're now ready for fifty more," said Ms.

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Financial Relations Board is part of the Interpublic
Group of Companies (NYSE: IPG).
The achievement represents an authentic turning point for the North Texas
performing arts scene, as it copes with the challenging economic conditions.
praised Dallas Opera General Director Karen Stone for her "responsible
stewardship and her skillful handling of staff, patron, and donor demands,
energizing The Dallas Opera as never before.A.

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org. The Dallas Opera would
like to thank its 2004-2005 production underwriters, including: Nokia, the
Dallas Leadership Banking Partnership, and Kimberly-Clark Corporation.

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The Meadows Foundation's 2003 pledge of a $250,000 matching grant (in
response to the severe impact of economic recession) served as the catalyst
for a two-year Special Campaign to wipe out the accumulated deficit; a
campaign , which officially ends on May 31, 2005.

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"

"Under the direction of FRB's REIT Practice Leader, EVP Claire Koeneman,
FRB is the nation's leading investor relations and financial communications
firm for the country's top REITs. Financial Relations Board works alongside companies of all sizes ,
from established Fortune 100 brands to mid-size and micro-cap companies,
pre-IPOs and the newly public.m.

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Single tickets become
available October 1, priced at $19 to $265.

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Baker also
served as an officer of the Pension Real Estate Association and a member of
the association's core start -up team.

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Vicki will
also serve as an important addition to FRB's national media relations and
financial communications team," added Kempner.S."
"Her incomparable leadership has paid off in improved employee morale,
insightful involvement in the design phase of the new Margot and Bill Winspear
Opera House, and the realization that artistic quality does not have to be
compromised for the sake of the bottom line. and Mrs.