Apartment Investment and Management Company Declares Quarterly Dividend on Class A Common Stock

Apartment Investment and Management Company Declares Quarterly Dividend on
Class A Common Stock

DENVER, Oct. 29 /PRNewswire-FirstCall/ -- Apartment Investment and Management
Company ("Aimco") (NYSE: AIV) announced today that its Board of Directors
declared a quarterly cash dividend of $0.10 per share of Class A Common Stock
for the quarter ended September 30, 2009, payable on November 30, 2009, to
stockholders of record on November 20, 2009.

Aimco is a real estate investment trust headquartered in Denver, Colorado that
owns and operates a geographically diversified portfolio of apartment
communities. Aimco, through its subsidiaries and affiliates, is one of the
largest owners and operators of apartment communities in the United States
with 950 properties, including 154,511 apartment units, and serves
approximately 500,000 residents each year. Aimco's properties are located in
44 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
website at www.aimco.com.

SOURCE Apartment Investment and Management Company

Investor Relations, +1-303-691-4350, Investor@aimco.com; or Elizabeth Coalson,
Vice President - Investor Relations , +1-303-691-4327, both of Apartment
Investment and Management Company