PPS Post Properties, Inc. (delisted)

Post Properties to Present at the NAREIT Institutional Investor Forum ATLANTA, June 7 /PRNewswire-FirstCall/ -- Post Properties, Inc. (NYSE:PPS) today announced that CEO and President, David P. Stockert, will present at the NAREIT Institutional Investor Forum in New York City on Wednesday, June 8, 2005. The presentation will begin at 4:40pm Eastern Time. The presentation may be accessed live via the Company's website at http://www.postproperties.com/ under corporate information/investor information. A replay of the presentation will also be available on the Company's website approximately one hour following the presentation through July 8, 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20040514/POSTPLOGO ) Post Properties, founded more than 30 years ago, is one of the largest developers and operators of upscale multifamily communities in the United States. The Company's mission is delivering superior satisfaction and value to its residents, associates, and investors, with a vision of being the first choice in quality multifamily living. Operating as a real estate investment trust (REIT), the Company focuses on developing and managing Post(R) branded resort-style garden and high density urban apartments. In addition, the Company develops high-quality condominiums and converts existing apartments to for-sale multifamily communities. Post Properties is headquartered in Atlanta, Georgia, and has operations in nine markets across the country. Post Properties owns 23,740 apartment homes in 60 communities including 545 apartment units in two communities held in unconsolidated entities and 205 apartment units in one community currently under development. The Company is also developing 145 for-sale condominium homes and is converting 382 apartment units in three communities (including 121 units in one community held in an unconsolidated entity) into for-sale condominium homes through a taxable REIT subsidiary. http://www.newscom.com/cgi-bin/prnh/20040514/POSTPLOGO http://photoarchive.ap.org/ DATASOURCE: Post Properties, Inc. CONTACT: Janie Maddox of Post Properties, Inc., +1-404-846-5056 Web site: http://www.postproperties.com/

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