CLEVELAND, June 14 /PRNewswire-FirstCall/ -- Associated Estates Realty
Corporation (NYSE: AEC) announced today that it is set to join the broad-
market Russell 3000(R) Index when Russell Investment Group reconstitutes
its comprehensive set of U.S. and global equity indexes on June 22,
according to a preliminary list of additions posted last Friday on
http://www.russell.com.
Membership in the Russell 3000, which remains in place for one year,
means AEC will automatically be included in the small-cap Russell 2000(R)
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.
Associated Estates Realty Corporation is a real estate investment trust
("REIT") and is a member of the Russell Micro-Cap Index. The Company,
headquartered in Richmond Heights, Ohio, directly or indirectly owns,
manages or is in a joint venture partner in 99 properties containing a
total of 19,969 units located in 10 states. For more information about the
Company, please visit its website at http://www.aecrealty.com.
For more information, please contact:
Michael Lawson
Vice President of Investor Relations
216-797-8798
mlawson@aecrealty.com
Kimberly Kanary
Manager of Corporate Communications
216-797-8752
kkanary@aecrealty.com
SOURCE Associated Estates Realty Corporation
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Related links:
http://www.aecrealty.com
http://www.russell.com
CONTACT:
Michael Lawson, Vice President of Investor
Relations, +1-216-797-8798, mlawson@aecrealty.com; Kimberly
Kanary, Manager of Corporate Communications, +1-216-797-8752,
kkanary@aecrealty.com, both of Associated Estates Realty
Corporation
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