AMLI Residential Details 2002 Dividends Paid

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AMLI Residential Details 2002 Dividends Paid
    CHICAGO, Jan. 9 /PRNewswire-FirstCall/ -- AMLI Residential Properties
Trust (NYSE: AML) announces its 2002 dividend distributions on its common
shares will represent approximately 68.2% long-term capital gain and 31.8%
ordinary income.

            2002 Reporting Information (Form 1099) - Distributions

    The income tax treatment for the 2002 distributions for AMLI Residential
Properties Trust, CUSIP #001735109 traded under ticker symbol AML is as
follows:


                Declaration      Record       Payable     Distributions
                   Dates          Dates        Dates        Per Share

                Feb 4, 2002    Feb 15, 2002  Feb 26, 2002    $0.48
                Apr 29, 2002   May 10, 2002  May 21, 2002    $0.48
                July 29, 2002  Aug 9, 2002   Aug 20, 2002    $0.48
                Nov 4, 2002    Nov 15, 2002  Nov 26, 2002    $0.48
                   Totals                                    $1.92

                                         Distribution Type
                                              Long-Term     Unrecaptured
                    Ordinary                  Capital       Sec. 1250
                    Taxable    Return of       Gain           Gain
                   Dividend     Capital      20% Rate       25% Rate

                   $0.1524     $0.0000       $0.2354        $0.0922
                   $0.1524     $0.0000       $0.2354        $0.0922
                   $0.1524     $0.0000       $0.2354        $0.0922
                   $0.1524     $0.0000       $0.2354        $0.0922
         Totals    $0.6097     $0.0000       $0.9415        $0.3688

    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 4.323562% of the total dividend
distributed.  Individual taxpayers should report this amount on Form 6251,
line 17 - Depreciation on assets placed in service after 1986.  The company
incurred no foreign taxes.
    The AMLI(R) portfolio currently includes 72 apartment communities
containing 27,533 apartment homes, with an additional 2,541 apartment homes
under development or in lease-up in seven locations.  AMLI 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 through AMLI's co-investment business.  AMLI employs
approximately 850 people who are dedicated to achieving AMLI's mission --
Provide An Outstanding Living Environment For Our Residents.  More information
on AMLI is available at http://www.amli.com .
SOURCE AMLI Residential
http://www.amli.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/116726.html
CONTACT:
Randall Wosilus of AMLI, +1-312-984-5047