AIV Apartment Investment and Management Company

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 ofDividend Period

     

End of Dividend Period

     

Per Share DividendDeclared

6.875% Class A Preferred Oct 15, 2014 January 14, 2015 $0.4296875 7.000% Class Z Preferred Oct 15, 2014 January 14, 2015 $0.4375000  

Dividends on shares of Class A and Z Cumulative Preferred Stock are payable on January 15, 2015, to shareholders of record on January 1, 2015.

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 204 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.

AimcoElizabeth Coalson, 303-691-4327Vice President Investor RelationsorInvestor Relations, 303-691-4350Investor@aimco.com