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Associated Estates Realty Corporation Declares Common Share Dividend

    CLEVELAND, Sept. 17 /PRNewswire-FirstCall/ -- Associated Estates Realty
Corporation (NYSE: AEC) announced today that a quarterly dividend of $0.17
per share has been declared on the Company's common shares, payable
November 1, 2007 to shareholders of record on October 15, 2007.
    Associated Estates Realty Corporation is a real estate investment trust
("REIT") and is a member of the Russell 2000. The Company, headquartered in
Richmond Heights, Ohio, directly or indirectly owns, manages or is a joint
venture partner in 98 properties containing a total of 19,909 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 and Corporate Communications
    216-797-8798
    mlawson@aecrealty.com


SOURCE Associated Estates Realty Corporation




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Related links:
  • http://www.aecrealty.com/
    CONTACT:
    Michael Lawson Vice President of Investor
    Relations and Corporate Communications of Associated Estates
    Realty Corporation, +1-216-797-8798, mlawson@aecrealty.com