Apartment Investment and Management Company Declares Dividends on Class G, T, U, V and Y Cumulative Preferred Stock

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today that its Board of Directors declared dividends on shares of its Class G, T, U, V and Y Cumulative Preferred Stock. Dividend information is as follows:

Dividends on shares of Class G, T, U, V and Y Cumulative Preferred Stock are payable on April 15, 2010, to shareholders of record on April 1, 2010.

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 870 properties, including 135,654 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.