ELS Announces Sale of 3.16M Shares of Common Stock by Selling shareholder

Equity LifeStyle Properties, Inc. ELS today announced the sale by a selling stockholder of 3,162,069 shares of the Company's common stock, par value $0.01 per share to Goldman, Sachs & Co. as the sole underwriter in an underwritten public offering. The sale is being made pursuant to an automatic shelf registration statement that became effective upon filing with the Securities and Exchange Commission on May 6, 2009. Subject to customary conditions, the offering is expected to close on October 24, 2011.