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Associated Estates Realty Corporation Declares Common Share Dividend
 
    CLEVELAND, Sept. 21 /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 on
November 1, 2006 to shareholders of record on October 13, 2006.
    Based in Richmond Heights, Ohio, Associated Estates Realty Corporation
is one of the largest multifamily real estate investment trusts (REITs) in
the nation. The Company directly or indirectly owns, manages or is a joint
venture partner in 103 multifamily properties containing a total of 21,348
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:
     Kimberly Kanary
     Investor Relations and Corporate Communications
     216-797-8752
     kkanary@aecrealty.com
SOURCE Associated Estates Realty Corporation



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  • http://www.aecrealty.com/
    CONTACT:
    Kimberly Kanary, Investor Relations and
    Corporate Communications of Associated Estates Realty
    Corporation, +1-216-797-8752, or kkanary@aecrealty.com
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