Associated Estates Realty Corporation News

Associated Estates Realty Corporation Announces Details Regarding Second Quarter Conference Call

CLEVELAND, July 7 PRNewswire-FirstCall — Associated Estates Realty Corporation (NYSE: AEC)(Nasdaq: AEC) announced today that the Company's second quarter 2008 earnings are scheduled for release on Tuesday, July 29, 2008, before the market opens. Promptly following the news wire release, the earnings announcement and supplemental fact booklet will be posted on http://ir.aecrealty.com/results.cfm . Visit the Company's Investors section of the website and select Quarterly Results to access the documents.

A conference call to discuss the results will be held on Tuesday, July 29 at 2:00 p.m. Eastern. To participate in the call:

Via Telephone: The dial-in number is 800-860-2442, and the passcode is "Estates."

Via the Internet (listen only): Access the Company's website at www.aecrealty.com . Please log on at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Select the "Register for AEC's Conference Call" link on the left. The webcast will be archived through August 12, 2008.

Associated Estates Realty Corporation (AEC) is a real estate investment trust ("REIT") and is a member of the Russell 2000. The Company is headquartered in Richmond Heights, Ohio. AEC's portfolio consists of 54 properties containing 13,396 units located in nine states. For more information about the Company, please visit its website at www.aecrealty.com .

For more information, please contact: Kimberly Kanary Vice President of Corporate Communications 216-797-8718 kkanary@aecrealty.com

SOURCE Associated Estates Realty Corporation

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