Apartment Investment and Management Company Declares Quarterly Dividend on Class A Common Stock

DENVER, July 29  /PRNewswire-FirstCall/ -- Apartment Investment and Management Company ("Aimco") (NYSE:AIV) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of Class A Common Stock for the quarter ended June 30, 2009, payable on August 31, 2009, to stockholders of record on August 21, 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 http://www.aimco.com/. 

DATASOURCE: Apartment Investment and Management Company



CONTACT:  Investor Relations, [phone], , or

Elizabeth Coalson, Vice President - Investor Relations, [phone], both

of Apartment Investment and Management Company



Web Site:  http://www.aimco.com/ 

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