American Campus Communities Announces Quarterly Dividend

American Campus Communities, Inc. (NYSE: ACC), the nation’s largest owner and manager of high-quality student housing properties, announced that on October 29, 2014 its board of directors declared a regular quarterly dividend of $0.38 per share of common stock, payable on November 26, 2014, to shareholders of record at the close of business on November 13, 2014.

About American Campus Communities

American Campus Communities, Inc. is the largest owner and manager of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management, and operational management of student housing properties. American Campus Communities owns 167 student housing properties containing approximately 102,800 beds. Including its owned and third-party managed properties, ACC’s total managed portfolio consists of 200 properties with approximately 128,900 beds. Visit www.americancampus.com or www.studenthousing.com.

American Campus Communities, Inc.Ryan Dennison, 512-732-1000Investor Relations