Associated Estates Realty Corporation Announces Details Regarding Third Quarter Conference Call

CLEVELAND, Sept. 24 /PRNewswire-FirstCall/– Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company’s third quarter 2007 earnings are scheduled for release on Thursday, October 25, 2007, 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 Investor Relations page and select Quarterly Results to access the documents.

A conference call to discuss the results will be held on Thursday, October
25 at 2:00 p.m. Eastern. To participate in the call:

Via Telephone: The dial in number is 800-862-9098 and the passcode is “Estates.”

Via the Internet (listen only): Access the Company’s Investor Relations page at http://ir.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 “Webcast” link at the top of the page and follow the brief instructions to register for the event. The webcast will be archived through November 8, 2007.

Associated Estates Realty Corporation is a real estate investment trust (“REIT”) and is a member of the Russell 2000 Index. The Company, headquartered in Richmond Heights, Ohio, directly or indirectly owns, manages or is in a joint venture partner in 98 properties containing a total of 19,909 units located in 10 states. For more information about the Company, please visit its website at: www.aecrealty.com.

For more information, please contact:

Michael Lawson
Vice President of Investor Relations and Corporate Communications
216-797-8798
mlawson (at) aecrealty (dot) com

SOURCE Associated Estates Realty Corporation

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