Accredited Mortgage Loan REIT Trust Declares Q2 2008 Dividend on Preferred Shares

  
    
  
  
    
      Accredited Mortgage Loan REIT Trust (“REIT”) 
      announced that the Pricing Committee of the Board today declared a 
      quarterly cash dividend on REIT’s 9.75% Series 
      A Perpetual Cumulative Preferred Shares at the rate of $0.609375 per 
      share. The dividend will be paid on July 1, 2008 to preferred 
      shareholders of record at the close of business on June 13, 2008.
    
    
      About Accredited Mortgage Loan REIT Trust
    
    
      Accredited Mortgage Loan REIT Trust, a subsidiary of Accredited Home 
      Lenders Holding Co., is a Maryland real estate investment trust that was 
      formed in May 2004 for the purpose of acquiring, holding and managing 
      real estate assets.
    
    
      Forward Looking Statement
    
    
      Statements regarding the payment of the dividend on REIT’s 
      9.75% Series A Perpetual Cumulative Preferred Shares constitute 
      forward-looking statements within the meaning of the federal securities 
      laws. Such statements are based on current expectations, and the actual 
      results and the timing of certain events could differ materially from 
      those projected in or contemplated by these forward-looking statements 
      due to a number of factors, including but not limited to the liquidity 
      and capital needs of REIT. REIT cautions readers that the non-prime 
      mortgage industry and REIT’s business are 
      subject to numerous significant risks and uncertainties.