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Associated Estates Realty Corporation Declares Common Share Dividend

    CLEVELAND, Dec. 11 /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
February 1, 2008 to shareholders of record on January 15, 2008.

    Associates Estates Realty Corporation is a real estate investment trust
("REIT") and is a member of the Russell 2000 Index. The Company,
headquartered in Richmond Heights, Ohio, directly or indirectly owns,
manages or is a joint venture partner in 97 properties containing a total
of 19,799 units located in 9 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, +1-216-797-8798,
    mlawson@aecrealty.com