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Apartment Investment and Management Company Declares Dividends on Class G, T, U, V and Y Cumulative Preferred Stock

DENVER, Aug. 12 /PRNewswire-FirstCall/ -- Apartment Investment and Management Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors declared dividends on shares of its Class G, T, U, V and Y Cumulative Preferred Stock. Dividend information is as follows:



    Class of Preferred    Beginning of          End of      Per Share Dividend
         Stock           Dividend Period   Dividend Period        Declared

    9.375% Class G
     Preferred             July 15, 2008    October 14, 2008    $0.5859375
    8.000% Class T
     Preferred             July 15, 2008    October 14, 2008    $0.50
    7.750% Class U
     Preferred             July 15, 2008    October 14, 2008    $0.484375
    8.000% Class V
     Preferred             July 15, 2008    October 14, 2008    $0.50
    7.875% Class Y
     Preferred             July 15, 2008    October 14, 2008    $0.49219

Dividends on shares of Class G, T, U, V and Y Cumulative Preferred Stock are payable on October 15, 2008, to shareholders of record on October 1, 2008.

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities. Aimco, through its subsidiaries and affiliates, is the largest owner and operator of apartment communities in the United States with 1,114 properties, including 188,672 apartment units, and serves approximately 750,000 residents each year. Aimco's properties are located in 46 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our website at http://www.aimco.com.

SOURCE Apartment Investment and Management Company

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