AML Amli Resident Prp Tr

CHICAGO, Jan. 13 /PRNewswire-FirstCall/ -- AMLI Residential (NYSE:AML) announces that its 2005 dividend distributions on its common shares are fully taxable and represent approximately 99.6% capital gain and 0.4% ordinary income. 2005 Reporting Information (Form 1099) - Distributions The income tax treatment for the 2005 dividend distributions for common shares of AMLI Residential Properties Trust, CUSIP #001735109 traded under ticker symbol AML is as follows: Distribution Type Unrecaptured Distrib- Sec. 1250 Declar- utions Ordinary Return Long-Term Gain ation Record Payable Per Taxable of Capital 25% Dates Dates Dates Share Dividend Capital Gain Rate Jan 31, Feb 11, Feb 22, $0.48 $0.0020 $0.0000 $0.2899 $0.1881 2005 2005 2005 Apr 25, May 6, May 17, $0.48 $0.0020 $0.0000 $0.2899 $0.1881 2005 2005 2005 July 25, Aug 5, Aug 16, $0.48 $0.0020 $0.0000 $0.2899 $0.1881 2005 2005 2005 Oct 24, Nov 4, Nov 15, $0.48 $0.0020 $0.0000 $0.2899 $0.1881 2005 2005 2005 Totals $1.92 $0.0080 $0.0000 $1.1596 $0.7524 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 -9.933185% of the total dividend distributed. Individual taxpayers should report this amount on Form 6251, line 17 -- Depreciation on assets placed in service after 1986. The company incurred no foreign taxes. The AMLI(R) portfolio currently includes 75 apartment communities containing 28,274 apartment homes, with an additional 827 apartment homes under development or in lease-up in three 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 850 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/ . DATASOURCE: AMLI Residential CONTACT: Randall W. Wosilus for AMLI Residential, +1-312-984-5047 Web site: http://www.amli.com/

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