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

DENVER, June 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:

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

    9.375% Class G Preferred   April 15, 2009     July 14, 2009    $0.5859375
    8.000% Class T Preferred   April 15, 2009     July 14, 2009    $0.50
    7.750% Class U Preferred   April 15, 2009     July 14, 2009    $0.484375
    8.000% Class V Preferred   April 15, 2009     July 14, 2009    $0.50
    7.875% Class Y Preferred   April 15, 2009     July 14, 2009    $0.49219

Dividends on shares of Class G, T, U, V and Y Cumulative Preferred Stock are payable on July 15, 2009, to shareholders of record on July 1, 2009.

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 one of the largest owners and operators of apartment communities in the United States with 976 properties, including 160,118 apartment units, and serves approximately 500,000 residents each year. Aimco's properties are located in 44 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 www.aimco.com.

SOURCE Aimco

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http://www.aimco.com