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Smith Residential Announces Second Quarter 2001 Earnings Conference Call

    ARLINGTON, Va., July 2 /PRNewswire/ -- Charles E. Smith Residential
Realty, Inc., (NYSE: SRW), will report Second Quarter 2001 Operating Results
on July 18, 2001. You are invited to participate in a conference call on
Thursday, July 19, 2001, at 11:00 a.m. (EDT) to review the results.
    To listen, please call 1-800-633-8741 shortly before 11:00 a.m. that day
and identify yourself as a participant in the Charles E. Smith Residential
Realty Second Quarter 2001 Operating Results conference call.  If you are
unable to join the dial-in call at 11:00 a.m., a recording will be available
from 1:30 p.m. (EDT), July 19th until 1:30 p.m. (EDT), July 22nd.  To access
the PostView, please call 1-800-633-8284 and enter reservation number 19173674
followed by the "#" sign.  In addition to the dial-in call, a live web cast of
the conference will be available on the Company's web site at
http://www.smithreit.com.  Playback of the web cast will be available on the
web site following the call and can be found under the MultiMedia section.
    Charles E. Smith Residential Realty, Inc. (NYSE: SRW) is a leader in
providing urban living solutions in selected American cities.  The Company is
a self-managed real estate investment trust that develops, acquires, owns,
leases, and manages multifamily residential rental properties.  As of June
2001, the Company owns or has an interest in a portfolio of over 30,000
apartments.  Total capitalization of the Company, including its operating
partnerships, exceeds $3.2 billion.  In May 2001, Charles E. Smith Residential
Realty announced plans to merge with Archstone Communities (NYSE: ASN).
Subject to shareholder and other customary approvals, the transaction is
expected to close in the third quarter of 2001.
    Investor information, including press releases about Charles E. Smith
Residential Realty, is available on the Company's web site at
http://www.smithreit.com and also through PR Newswire "News on Call" by fax at
1-800-758-5804, ext. 101271, or at http://www.prnewswire.com.



SOURCE Charles E. Smith Residential Realty, Inc.




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Related links:
  • http://www.smithreit.com
    CONTACT:
    Investors: Greg Samay, 703-769-1029, or
    Media: Susan Goyette, 703-769-6746, both of Charles E. Smith
    Residential Realty, Inc.