AMLI Residential Details 2000 Dividends Paid

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AMLI Residential Details 2000 Dividends Paid
    CHICAGO, Jan. 8 /PRNewswire/ -- AMLI Residential (NYSE: AML) announces its
2000 dividend distributions on its common shares will represent approximately
39.5% long-term capital gain and 60.5% ordinary income.

            2000 Reporting Information (Form 1099) - Distributions

    The income tax treatment for the 2000 distributions for AMLI Residential
Properties Trust, CUSIP #001735109 traded under ticker symbol AML is as
follows:


              Declaration              Record                 Payable
                 Dates                  Dates                  Dates
             Jan 31, 2000           Feb 11, 2000           Feb 22, 2000
              May 1, 2000           May 12, 2000           May 23, 2000
            July 31, 2000           Aug 11, 2000           Aug 22, 2000
             Oct 30, 2000           Nov 10, 2000           Nov 21, 2000

                                          Distribution Type
                           ---------------------------------------------------
                                                     Long-Term   Unrecaptured
                          Ordinary        Return      Capital       Sec. 1250
           Distributions   Taxable          of         Gain           Gain
             Per Share    Dividend       Capital     20% Rate       25% Rate
                $.46       $0.2785       $0.0000     $0.1509        $0.0306
                $.46       $0.2785       $0.0000     $0.1509        $0.0306
                $.47       $0.2845       $0.0000     $0.1542        $0.0313
                $.47       $0.2845       $0.0000     $0.1542        $0.0313

    Totals     $1.86       $1.1260       $0.0000     $0.6102        $0.1238

    In addition to the dividends distributed as shown above, the Company has
apportioned alternative minimum tax adjustment and preference items to its
shareholders in an amount equal to 17.444% of the total dividend distributed.
Individual taxpayers should report this amount on Form 6251, line 8 - Post-
1986 depreciation.  The company incurred no foreign taxes.
    The AMLI(R) portfolio currently includes 66 apartment communities
containing 25,767 apartment homes, with an additional 2,845 apartment homes
under development or in lease-up in eight locations.  AMLI Residential is
focused on the development, acquisition and management of institutional
quality multifamily communities in the Southeast, Southwest, Midwest and
Mountain regions of the U.S.  AMLI Residential also serves as institutional
advisor and asset manager for large pension funds, tax-exempt foundations and
other financial institutions with respect to their multifamily investment
activities.  AMLI employs approximately 850 people who are dedicated to
achieving AMLI's mission -- Provide An Outstanding Living Environment For Our
Residents.
    AMLI press releases and other company information are available at AMLI's
web site located at http://www.amli.com .
SOURCE AMLI Residential Properties Trust
http://www.amli.com
Company News On-Call:
http://www.prnewswire.com/comp/121644.html or fax,
800-758-5804, ext. 121644
CONTACT:
Randall Wosilus of AMLI Residential,
312-443-1477