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AvalonBay Communities, Inc. Announces Nomination of Glyn F. Aeppel to the Board of Directors

  AvalonBay Communities, Inc. Announces Nomination of Glyn F. Aeppel to the
  Board of Directors

Business Wire

ARLINGTON, Va. -- March 28, 2013

AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of
Directors has nominated Glyn F. Aeppel to stand for election to the company’s
Board of Directors at its upcoming Annual Meeting of Stockholders, to be held
on May 22, 2013. Ms. Aeppel, 54, is president and chief executive officer of
Glencove Capital, a hotel investment and advisory company she founded in June
2010. Ms. Aeppel has more than 25 years of experience in property
acquisitions, development and financing, including executive positions with
Andre Balazs Properties and Loews Hotels.

“AvalonBay will benefit from Glyn’s substantial experience in many facets of
the real estate business,” said Timothy J. Naughton, CEO, who has been
appointed Chairman of the Board effective following his re-election to the
Board at the Annual Meeting. Added Lance Primis, Lead Independent Director,
“Glyn will add an additional independent voice to our Board, and we look
forward to working with her.”

About AvalonBay Communities

As of March 1, 2013, including the effect of the Archstone Transaction that
occurred on February 27, 2013, the Company owned or held an interest in 273
apartment communities containing 81,970 apartment homes in twelve states and
the District of Columbia, of which 28 communities were under construction and
five communities were under reconstruction. AvalonBay is in the business of
developing, redeveloping, acquiring, and managing apartment communities in
high barrier-to-entry markets of the United States. More information on
AvalonBay, an S&P 500 listed company, may be found on AvalonBay's website at
http://www.avalonbay.com.

Contact:

AvalonBay Communities, Inc.
Timothy J. Naughton
Chief Executive Officer
703-317-4620
 
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