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Charles E. Smith Residential Realty 1997 Operating Results Teleconference Scheduled for Tuesday, February 10, 1998

    Charles E. Smith Residential Realty, Inc. (NYSE: SRW) will report
operating results for the fourth quarter and year ended December 31, 1997 on
Monday, February 9, 1998.  You are invited to participate in a teleconference
on Tuesday, February 10, 1998, at 11:00 a.m. (Eastern Time) to review the
financial results.
    Ernest Gerardi, Jr., President and Chief Operating Officer, and Denny
Minami, Senior Vice President and Chief Financial Officer, will be on the call
and available to answer your questions.
    The quarterly news release will be distributed over PR Newswire and to the
Company's fax lists after the market closes on February 9. If you would like
to participate in the teleconference, please call 1-800-263-9150 shortly
before 11:00 a.m. on Tuesday, February 10, and identify yourself as a
participant in the Charles E. Smith Residential Realty teleconference.
    The call is expected to last no longer than 45 minutes.  If you are unable
to join the call at 11:00 a.m., a post-view recording will be available from
9:00 a.m. to 5:00 p.m. (Eastern Time) on Wednesday, February 11, 1998.  To
access this service, please call 1-800-633-8284 and enter Reservation Number
3738989 followed by the "#" sign.

    Charles E, Smith Residential Realty, Inc. is a self-managed real estate
investment trust listed on the New York Stock Exchange (SRW).  The Company and
its subsidiaries and affiliates own, acquire, develop, and manage multi-family
residential properties; and in addition, provide a full range of real estate
services to other property owners.  The Company owns a portfolio of over
18,500 apartment units, has over 2,000 units under construction, and manages
an additional 4,000+ units for other owners.  The total market capitalization
of the Company -- Charles E. Smith Residential Realty, including its Operating
Partnership -- is approximately $1.7 billion.  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
"Company News On-call" by fax 800-758-5804, Ext. 101271, or at:
http://www.prnewswire.com

    CONTACT:  investors, Denny Minami, 703-769-1123; or media, John Kurtz,
703-769-1153, both of Charles E. Smith.


SOURCE Charles E. Smith Residential Realty, Inc.




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  • http://www.smithreit.com