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ARCHSTONE COMMUNITIES TRUST
7670 SOUTH CHESTER STREET
SUITE 100
ENGLEWOOD, CO 80112

(303) 708 - 5959
www.archstonecommunities.com

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COMPANY  PROFILE

ARCHSTONE COMMUNITIES TRUST is a leading real estate operating company focused on the development, acquisition, redevelopment, operation and ownership of apartment communities in markets and sub-markets with high barriers to entry across the United States.

As of December 31, 1999, the Company had 267 apartment communities, representing 80,556 units, in markets that include 33 of the nation's 50 largest metropolitan markets.

The Company’s principal focus is to maximize shareholder value by:
  • Owning apartment communities in markets with high barriers to entry, limited new supply and strong economic growth;

  • Generating long-term sustainable growth in cash flow from operations;

  • Creating value through the development of new apartment communities;

  • Thoughtfully managing invested capital, through the disposition of assets that no longer meet the Company's investment objectives, in an effort to maximize long-term value creation; and

  • Leveraging technology to strengthen Archstone's brand position and reputation for quality.

The Company's executive offices are located at 7670 South Chester Street, Suite 100,
Englewood, Colorado. The Common Stock is traded on the New York Stock Exchange under the symbol "ASN"