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AMLI Residential Details 2001 Dividends Paid

    CHICAGO, Jan. 10 /PRNewswire/ -- AMLI Residential (NYSE: AML) announces
its 2001 dividend distributions on its common shares will represent
approximately 32.6% long-term capital gain and 67.4% ordinary income.

            2001 Reporting Information (Form 1099) - Distributions

    The income tax treatment for the 2001 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

     Jan 29, 2001      Feb 9, 2001     Feb 20, 2001     $0.47

     Apr 30, 2001     May 11, 2001     May 22, 2001     $0.47

     July 30, 2001    Aug 10, 2001     Aug 21, 2001     $0.47

     Oct 29, 2001      Nov 9, 2001     Nov 20, 2001     $0.48

     Totals                                             $1.89

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

                           $0.3169       $0.0000      $0.1088       $0.0444

                           $0.3169       $0.0000      $0.1088       $0.0444

                           $0.3169       $0.0000      $0.1088       $0.0444

                           $0.3236       $0.0000      $0.1111       $0.0453

     Totals                $1.2742       $0.0000      $0.4373       $0.1785

    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 14.201276% 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 71 apartment communities
containing 27,258 apartment homes, with an additional 2,937 apartment homes
under development or in lease-up in eight locations.  AMLI is focused on the
development, acquisition and management of institutional quality multifamily
communities in the Southeast, Southwest, Midwest and Mountain Regions areas 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 875 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




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    CONTACT:
    Randall Wosilus of AMLI Residential,
    +1-312-984-5047