Apartment Investment and Management Company Declares Dividends on Class A and Z Cumulative Preferred Stock

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV, AIVPrA, AIVPrZ) announced today that its Board of Directors declared dividends on shares of its Class A and Z Cumulative Preferred Stock. Dividend information is as follows:

Class of Preferred
Stock

Beginning of
Dividend Period

End of
Dividend Period

Per Share Dividend
Declared

6.875% Class A Preferred July 15, 2014 October 14, 2014 $0.4296875
7.000% Class Z Preferred July 15, 2014 October 14, 2014 $0.4375000

Dividends on shares of Class A and Z Cumulative Preferred Stock are payable on October 15, 2014, to shareholders of record on October 1, 2014.

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with 218 communities in 23 states and the District of Columbia. 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.

Contacts:

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

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