UMH Properties, Inc. Joins the Russell 3000(R) Index

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Tue Jun 30, 2009 12:21pm EDT

FREEHOLD, N.J., June 30 /PRNewswire-FirstCall/ -- UMH Properties, Inc., (NYSE
Amex: UMH) is proud to announce that it has been added to the broad-market
Russell 3000 Index, effective June 29, 2009.

Annual reconstitution of the Russell 3000 Index captures the 3,000 largest
stocks as of the end of May, ranking them by total market capitalization. 
Membership in the Russell 3000, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000(R) Index or small-cap
Russell 2000(R) Index as well as the appropriate growth and value style
indexes.  Russell determines membership for its equity indexes primarily by
objective, market-capitalization rankings and style attributes.

Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies.  An industry-leading $2.3 trillion in assets currently
are benchmarked to them.

Eugene W. Landy, Chairman of the Board of UMH Properties, Inc., stated, "We
are extremely pleased to have UMH gain inclusion in the Russell 3000 Index. 
This should result in both improved liquidity for our shareholders as well as
increased efficiency in the valuation of our shares."

UMH Properties, Inc., a publicly-owned REIT owns and operates twenty-eight
manufactured home communities located in New York, New Jersey, Pennsylvania,
Ohio and Tennessee.  In addition, the Company owns a portfolio of REIT
securities.  UMH has been in operation since 1968, operating as a public
company since 1985.

SOURCE  UMH Properties, Inc.

Susan Jordan, UMH Properties, Inc., +1-732-577-9996
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