Education Realty Trust Sets 3rd Quarter Earnings Release, Conference Call


MEMPHIS, Tenn., Oct. 12, 2005 (PRIMEZONE) -- Education Realty Trust, Inc. (NYSE:EDR) today said it will release third-quarter financial results before the market opens on Monday, November 14, 2005 and it will host an earnings conference call for interested parties also on November 14, 2005, beginning at 11 a.m. Eastern Time. The call will feature Paul O. Bower, EDR president, chairman and chief executive officer; Randall H. Brown, chief financial officer; and Craig L. Cardwell, chief investment officer, who will review the company's results.

To access the call, participants from within the U.S. may dial 888.873.4896 and participants from outside the U.S. may dial 617.213.8850. The pass code for this call is 29462951. Participants who prefer to listen to the call and view an accompanying slide presentation via the Internet may log on to www.educationrealty.com or www.earnings.com, or institutional investors may log on to www.streetevents.com 15 minutes prior to the call.

A taped rebroadcast of the earnings call will be available approximately one hour following its completion on November 14 through November 21, 2005. To access the rebroadcast, the domestic number is 888.286.8010, the international number is 617.801.6888 and the pass code is 17000732. A replay of the call will also be available at www.educationrealty.com or www.earnings.com for 30 days following the call.

About Education Realty Trust

Education Realty Trust is one of America's largest owners and operators of collegiate student housing, owning and/or managing approximately 28,500 beds at 42 properties near campuses across America and developing another 4,851 beds. EDR is one of the largest real estate investment trusts (REITs) focused solely on collegiate student housing, and is the nation's most experienced provider of collegiate student housing, as the successor to the first national company to own, build, and operate collegiate student residences. For more information about EDR, please visit the Company's web site at www.educationrealty.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Education Realty Trust's business that are not historical facts are "forward-looking statements." Forward-looking statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause EDR's future results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include the risk that the pending acquisition of student housing properties from Place Properties L.P. may not close on a timely basis, or at all, if certain conditions set forth in the purchase agreement are not satisfied. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the "Business-Risk Factors" section of EDR's annual report on Form 10-K for the year ended December 31, 2004. Forward-looking statements speak only as of the date on which they are made, and EDR undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.



            

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