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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Related links: http://www.amli.com
Company News On-Call: http://www.prnewswire.com/comp/116726.html
CONTACT: Randall Wosilus of AMLI Residential, +1-312-984-5047
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