Camden Property Trust Announces Tax Characteristics of 2013 Distributions

  Camden Property Trust Announces Tax Characteristics of 2013 Distributions

Business Wire

HOUSTON -- January 17, 2014

Camden Property Trust (NYSE:CPT) announced today the income tax
characteristics of its 2013 distributions paid to shareholders as they will be
reported on Form 1099-DIV. The Company is releasing information at this time
to aid banks, brokerage firms, and institutional investors that are required
to issue Form 1099s to their account holders. The final classifications of the
distributions for 2013 are as follows:

Camden Property Trust – Common Shares (CUSIP – 133131102)

                              Cash               Ordinary                          Sec. 1250
Record         Payment        Distribution       Taxable        Capital Gain       Capital Gain       Return
Date           Date           Per Share          Dividend       Distribution       25% Rate           Capital
03/28/13       04/17/13       $0.6300            55.5264%       30.2225%           14.2511%           0.0000%
06/28/13       07/17/13       $0.6300            55.5264%       30.2225%           14.2511%           0.0000%
09/30/13       10/17/13       $0.6300            55.5264%       30.2225%           14.2511%           0.0000%
12/17/13       01/17/14       $0.6300            55.5264%       30.2225%           14.2511%           0.0000%

Based on the above percentages, the following represents a 1099-DIV for one
share of common stock:

Form        (Boxes 1a +     Box 1a      Box 2a           Box 2b          Box 3
1099-DIV       2a + 3)
               Cash               Ordinary       Total
               Distribution       Taxable        Capital Gain        Unrecaptured       Nondividend
              Per Share          Dividend       Distributions       Sec. 1250          Distributions
                                  ^(1)                               Gain ^(2)          ^(3)
Total          $2.5200            $1.3993        $1.1207             $0.3591            $0.0000

^(1) None of the dividends classified as ordinary taxable dividends represents
“qualified dividend income” and, therefore, are not eligible for the lower tax

^(2) Amounts in Box 2b are included in Box 2a.

^(3) Amounts in Box 3 are also known as Return of Capital.

For corporate shareholders the Section 291(a) preference item is 2.8502% of
the total distribution.

Also, the company did not incur any foreign taxes during 2013.

In addition to historical information, this press release contains
forward-looking statements under the federal securities law. These statements
are based on current expectations, estimates and projections about the
industry and markets in which Camden operates, management’s beliefs, and
assumptions made by management. Forward-looking statements are not guarantees
of future performance and involve certain risks and uncertainties which are
difficult to predict.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in
the ownership, development, acquisition, management and disposition of
multifamily apartment communities. Camden owns interests in and operates 170
properties containing 59,899 apartment homes across the United States. Upon
completion of 14 properties under development and the expansion of an existing
community, the Company’s portfolio will increase to 64,328 apartment homes in
184 properties.

For additional information, please contact Camden's Investor Relations
Department at (800) 922-6336 or (713) 354-2787 or access our website at


Camden Property Trust
Kim Callahan, 713-354-2549
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