ARLINGTON, Va., Jan. 25 /PRNewswire/ -- The Board of Directors of Charles
E. Smith Residential Realty, Inc. (NYSE: SRW) the nation's leading urban
multifamily REIT, declared today a dividend of $0.55 per share for the quarter
ended December 31, 1999. The dividend will be payable on February 16, 2000,
to all shareholders of record as of February 7, 2000.
Smith Residential will report 1999 Operating Results on February 7, 2000.
You are invited to participate in a conference call on Tuesday, February 8,
2000, at 11:00 AM (Eastern Time) to review the financial results. Ernest
Gerardi, Jr., President and Chief Operating Officer, and Denny Minami, Senior
Vice President and Chief Financial Officer, will be on the call and available
to answer your questions.
To participate, please call 1-888-497-4617 shortly before 11:00 AM that
day, and identify yourself as a participant in the Charles E. Smith
Residential 1999 Operating Results conference call.
If you are unable to join the call at 11:00 AM, a recording will be
available from 1:00 PM (EST), February 8th until 1:00 PM (EST), February 11th.
To access this service, please call 1-800-633-8284 and enter reservation
number 14094180 followed by the "#" sign.
Charles E. Smith Residential Realty, Inc. is a self-managed real estate
investment trust listed on the New York Stock Exchange under the symbol "SRW."
The Company and its subsidiaries and affiliates own, acquire, develop, and
manage multifamily residential units in Washington, D.C., Northern Va.,
Chicago, Boston and Southeast Florida. The Company owns proximately 26,000
units and has approximately 3,000 units under pre-purchase and/or
construction. The total market capitalization of the Company -- Charles E.
Smith Residential Realty, Inc., including its Operating Partnership -- exceeds
$2.3 billion. Investor information, including press releases about Charles E.
Smith Residential Realty, is available on the Company's web site at
http://www.charlesesmith.com and also through PR Newswire "News on Call" by fax
800-758-5804, ext. 101271, or at http://www.prnewswire.com.
SOURCE Charles E. Smith Residential Realty, Inc.
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Related links:
http://www.charlesesmith.com
CONTACT:
For Investors: Chandler Spears,
703-769-1044; or For Media: Susan Goyette, 703-769-6746; both of
Charles E. Smith Residential Realty, Inc.
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