RICHMOND, Va., Sept. 11, 2006 (PRIMEZONE) -- United Dominion Realty Trust (NYSE:UDR) announced today that it will release its third quarter 2006 financial results on Monday, October 30, 2006 after the market close. A conference call will be held the following day, Tuesday, October 31, 2006 at 1:00 p.m. Eastern time. The conference call will be open to the public.
During the conference call, company officers will review third quarter performance and conduct a question-and-answer period. The Q&A period will be limited to registered financial analysts. All other participants will have listen-only capability.
To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time. Domestic: 800-218-0713 International: 303-262-2190 If you have any questions, please contact: Gloria Price: 720-283-6132 E-mail: gprice@udrt.com Conference Call Playback: Domestic: 800-405-2236 International: 303-590-3000 Passcode: 11070221 then push the pound key The playback can be accessed through November 7, 2006.
Webcast:
The conference call will also be available on United Dominion's website at www.udrt.com and at www.ccbn.com. To listen to a live broadcast, go to one of these sites at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. A replay will also be available for 90 days on the United Dominion website and also on the CCBN website.
Full Text of the Earnings Report and Supplemental Data
Internet -- The full text of the earnings report and supplemental data will be available immediately following the earnings release to the wire services on October 30, 2006 at the UDR web site, www.udrt.com.
Mail -- For those without Internet access, the third quarter 2006 earnings release will be available by mail or fax, on request. To receive a copy, please call United Dominion Realty Trust Investor Relations at 720-283-6132.
About United Dominion Realty Trust, Inc.
United Dominion is the fourth largest apartment REIT, owning and operating apartment communities nationwide. The Company has raised the dividend each of the last 30 years. United Dominion is included in the S&P MidCap 400 Index. At June 30, 2006, the Company owned 74,753 apartment homes and had 1,357 homes under development. Additional information about United Dominion may be found on its Web site at www.udrt.com.
Statements contained in this press release, which are not historical facts, are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the Company's use of words such as, "expects," "plans," "estimates," "projects," "intends," "believes," and similar expressions that do not relate to historical matters. Such forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors, which include, but are not limited to, unfavorable changes in the apartment market, changing economic conditions, the impact of competition and competitive pricing, acquisitions or new developments not achieving anticipated results, delays in completing developments and lease-ups on schedule, difficulties in selling existing apartment communities, and other risk factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time including the Company's Annual Report on Form 10-K and the Company's Quarterly Reports on Form 10-Q. All forward-looking statements in this press release are made as of today, based upon information known to management as of the date hereof. The Company assumes no obligation to update or revise any of its forward-looking statements even if experience or future changes show that indicated results or events will not be realized.