Apartment Investment and Management Company Declares Dividends on Class G, T, U, V and Y Cumulative Preferred Stock

DENVER, Dec. 2 /PRNewswire-FirstCall/ -- Apartment Investment and Management Company ("Aimco") announced today that its Board of Directors declared dividends on shares of its Class G, T, U, V and Y Cumulative Preferred Stock. Dividend information follows:

Class of Beginning of End of Per Share Preferred Stock Dividend Period Dividend Period Dividend Declared 9.375% Class G Preferred October 15, 2007 December 14, 2007 $0.5859375 8.000% Class T Preferred October 15, 2007 December 14, 2007 $0.50 7.750% Class U Preferred October 15, 2007 December 14, 2007 $0.484375 8.000% Class V Preferred October 15, 2007 December 14, 2007 $0.50 7.875% Class Y Preferred October 15, 2007 December 14, 2007 $0.49219

Dividends on shares of Class G, T, U, V and Y Cumulative Preferred Stock are payable on December 15, 2007, to shareholders of record on December 1, 2007.

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities through 19 regional operating centers. Aimco, through its subsidiaries and affiliates, is the largest owner and operator of apartment communities in the United States with 1,194 properties, including 206,217 apartment units, and serves approximately 750,000 residents each year. Aimco's properties are located in 47 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500. For more information about Aimco, please visit our web site at http://www.aimco.com/.