EdR Announces 2012 Dividend Tax Treatment

  EdR Announces 2012 Dividend Tax Treatment

Business Wire

MEMPHIS, Tenn. -- January 22, 2013

EdR (NYSE:EDR), a leader in the ownership, management and development of
collegiate housing, today announced the final tax characterization for the
Company’s total dividend of $0.3400 per common share (CUSIP: 28140H104) paid
during the calendar year ending December 31, 2012.

                                                    Non-Taxable
                                                 Taxable        Distribution
Record           Payment          Total          Ordinary       (Return of
Date          Date          Dividend    Dividend    Capital)
01/31/2012    02/15/2012    $0.0700     $0.0200     $0.0500
04/30/2012    05/15/2012    $0.0700     $0.0200     $0.0500
07/31/2012    08/15/2012    $0.1000     $0.0286     $0.0714
10/31/2012    11/15/2012    $0.1000     $0.0286     $0.0714
                                                                

In accordance with IRS Code Section 6045B, the company has posted Form 8937,
“Report of Organizational Actions Affecting Basis of Securities,” which is
available on our website at www.EdRtrust.com. This form will provides detailed
information on the return of capital portion of the common share
distributions.

About EdR

EdR (NYSE:EDR) is one of America’s largest owners, developers and managers of
collegiate housing. EDR is a self-administered and self-managed real estate
investment trust that owns or manages 67 communities containing over 37,000
beds in 24 states. For more information please visit the Company's website at
www.EdRtrust.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

Statements about the company's business that are not historical facts are
"forward-looking statements." Forward-looking statements are based on current
expectations. You should not rely on our forward-looking statements because
the matters they describe are subject to known and unknown risks and
uncertainties that could cause the company's future results, performance, or
achievements to differ significantly from the results, performance, or
achievements expressed or implied by such statements. Such risks are set forth
under the captions "Item 1A. Risk Factors" and "Forward-Looking Statements" in
our annual report on Form 10-K and under the caption "Item 2. Management's
Discussion and Analysis of Financial Condition and Results of Operations" (or
similar captions) in our quarterly reports on Form 10-Q, and as described in
our other filings with the Securities and Exchange Commission. Forward-looking
statements speak only as of the dates on which they are made, and the company
undertakes no obligation to update publicly or revise any guidance or other
forward-looking statement, whether as a result of new information, future
developments, or otherwise.

Contact:

EdR
Randall H. Brown, 901-259-2500
Executive Vice President, CFO & Treasurer
rbrown@edrtrust.com
or
Stephen R. Woo, 901-259-2559
Vice President - Taxation
srwoo@edrtrust.com
 
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