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AMLI Residential Announces Webcast of U.S. Bancorp Piper Jaffray Conference Presentation

    CHICAGO, Nov. 11 /PRNewswire-FirstCall/ -- AMLI Residential (NYSE: AML)
announces that a live webcast and subsequent replay will be available for its
30-minute presentation at the U.S. Bancorp Piper Jaffray Financial Services
Conference on November 12, 2002 at 3:35 p.m. ET.  Allan Sweet, AMLI President
and Co-CEO, and Robert J. Chapman, AMLI Executive V.P. and CFO, will give the
presentation.
    A live, on-demand webcast of the AMLI presentation will be available on
AMLI's website at http://www.amli.com/comp/ .  Additionally, an online replay of the
webcast will be available for 90 days.
    The AMLI(R) portfolio currently includes 73 apartment communities
containing 27,851 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 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:
    Susan S. Bersh, V.P.-Corp. Communications of
    AMLI Residential, +1-312-984-2607