HOUSTON, Dec. 6 /PRNewswire/ -- The Board of Trust Managers of Camden
Property Trust (NYSE: CPT) today declared a $0.5625 per share dividend
distribution to holders of record as of December 18, 2000 of its Common Shares
of Beneficial Interest. The dividend is to be paid on January 17, 2001.
The Board also declared a fourth quarter dividend of $0.5625 per share for
its Series A Cumulative Convertible Preferred Shares. The preferred dividend
is payable on February 15, 2001 to all Series A preferred shareholders of
record as of December 18, 2000.
Camden Property Trust is a real estate company engaged in the ownership,
development, acquisition, management and disposition of multifamily apartment
communities. Camden owns interests in and operates 145 properties containing
51,336 apartment homes in the Sunbelt and Midwestern markets from Florida to
California. Upon completion of two properties under development, the
Company's portfolio will increase to 52,336 apartment homes in 147 properties.
For more information, please contact Camden's Investor Relations
Department at 1-800-9Camden, or 713/354-2787, or access Camden's web site at
http://www.camdenprop.com.
SOURCE Camden Property Trust
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Related links: http://www.camdenprop.com
CONTACT: Investor Relations of Camden Property Trust, 800-9Camden, or 713-354-2787
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