UMH Properties, Inc. Joins the Russell 3000(R) Index

FREEHOLD, N.J., June 30  /PRNewswire-FirstCall/ -- UMH Properties, Inc., (NYSE Amex: UMH) is proud to announce that it has been added to the broad-market Russell 3000 Index, effective June 29, 2009.

Annual reconstitution of the Russell 3000 Index captures the 3,000 largest stocks as of the end of May, ranking them by total market capitalization.  Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000(R) Index or small-cap Russell 2000(R) Index as well as the appropriate growth and value style indexes.  Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies.  An industry-leading $2.3 trillion in assets currently are benchmarked to them.

Eugene W. Landy, Chairman of the Board of UMH Properties, Inc., stated, "We are extremely pleased to have UMH gain inclusion in the Russell 3000 Index.  This should result in both improved liquidity for our shareholders as well as increased efficiency in the valuation of our shares."

UMH Properties, Inc., a publicly-owned REIT owns and operates twenty-eight manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio and Tennessee.  In addition, the Company owns a portfolio of REIT securities.  UMH has been in operation since 1968, operating as a public company since 1985. 

DATASOURCE: UMH Properties, Inc.



CONTACT:  Susan Jordan, UMH Properties, Inc., [phone]

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