Essex Property Declares $1.10 Dividend

Essex Property Trust, Inc. ESS announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.10 per common share, payable January 15, 2013 to shareholders of record as of January 2, 2013. The Board of Directors has also declared regular quarterly distributions for its preferred share issuances as follows: Series Record Date Payment Date Amount per Share ---------------------------------------------------------------------- G January 2, 2013 January 31, 2013 $0.30469 H January 2, 2013 January 15, 2013 $0.44531 About Essex Property Trust Essex Property Trust, Inc., an S&P 400 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 161 apartment communities with an additional 9 properties in various stages of active development. Additional information about Essex can be found on the Company's web site at www.essexpropertytrust.com.