NTS Realty Holdings Limited Partnership Announces First Quarter Distribution

Wed Mar 14, 2012 5:55pm EDT

* Reuters is not responsible for the content in this press release.

(NYSE Amex: NLP) -- NTS Realty Holdings Limited Partnership (the
"Company") announced today that the board of directors of its managing
general partner, NTS Realty Capital, Inc., approved a quarterly
distribution of $0.05 per unit on the Company's limited partnership
units. The distribution will be paid on April 13, 2012 to limited
partners of record at the close of business on March 30, 2012.
Distributions to limited partners are made in accordance with the
Company's distribution policy as described in its most recent annual
report on Form 10-K filed with the Securities and Exchange Commission on
March 31, 2011.

    A spokesperson for the Company indicated that "The Company expects to
continue its conservative philosophy with respect to distributions
throughout 2012, and the amount of any future distributions will be
subject to the performance of the Company's properties, its potential
acquisitions and dispositions, the need for cash reserves, capital
expenditures and other factors, including, but not limited to, the
continued volatility being exhibited in the global financial markets and
the U.S. economy. In addition, the actual amount and timing of all future
distributions must be approved by the managing general partner's board of

    The Company also announced today that its annual meeting of limited
partners will be held on June 13, 2012 at The Overlook at St. Thomas
Apartments Clubhouse, which is located at 6800 Steeprun Road, Louisville,
Kentucky 40241. The meeting will commence at 10:30 a.m. (EDT). All
limited partners of record as of April 16, 2012, will be invited to
attend. More detailed information on the annual meeting will be included
in the Company's definitive proxy statement.

    About NTS Realty Holdings Limited Partnership

    The Company currently owns, wholly, as a tenant in common with
unaffiliated co-owners, or through joint venture investments with
affiliated and unaffiliated third parties, twenty-three properties
comprised of fifteen multifamily properties, six office buildings and
business centers and two retail properties. The properties are located in
and around Louisville and Lexington, Kentucky, Nashville and Cordova,
Tennessee, Richmond, Virginia, Fort Lauderdale and Orlando, Florida,
Indianapolis, Indiana and Atlanta, Georgia. The Company's limited
partnership units are listed on the NYSE Amex platform under the trading
symbol of "NLP."

    Forward Looking Statements

    This press release contains forward looking statements that can be
identified by the use of words like "believe," "expect," "may," "could,"
"intend," "project," "estimate," or "anticipate." These forward looking
statements, implicitly or explicitly, include assumptions underlying the
statements and other information with respect to the Company's beliefs,
plans, objectives, goals, expectations, estimates, intentions, financial
condition, results of operations, future performance and business,
including its expectation of, and estimates with respect to, revenues,
expenses, earnings, return of and on equity, return on assets, asset
quality and other financial data and performance ratios. Although the
Company believes that the expectations reflected in its forward looking
statements are reasonable, these statements involve risks and
uncertainties which are subject to change based on various important
factors, some of which are beyond the Company's control. Important
factors that would cause actual results to differ materially from
expectations are disclosed under "Risk Factors" and elsewhere in the
Company's most recent annual report on Form 10-K, which was filed on
March 31, 2011, and registration statement on Form S-4, which became
effective on October 27, 2004.

    If one or more of the factors affecting forward looking information and
statements proves incorrect, the Company's actual results of operations,
financial condition or prospects could differ materially from those
expressed in, or implied by, the forward looking information and
statements contained in this press release.


Gregory A. Wells
Executive Vice President and CFO

10172 Linn Station Road
Louisville, Kentucky 40223
(502) 426-4800 

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