Camden Property Trust Announces Investor/Analyst Event and Re-Affirms 2010 Earnings Guidance

10/1/2010

HOUSTON--(BUSINESS WIRE)-- Camden Property Trust (NYSE:CPT) today announced that it will hold an Investor/Analyst Meeting in Houston, TX on Monday, October 4, 2010. The Company plans to discuss key operating strategies, current apartment market trends, Camden’s current and future development projects, and its Houston, TX apartment portfolio.

The Company’s presentation will be webcast live from 3:00 p.m. to 5:30 p.m. Central Time at camdenliving.com in the Investor Relations section, and an audio archive will be available on the website shortly after the event concludes. A copy of all presentation materials will be located in the Investor Relations section of the website. For those without Internet access, the presentation will be available by mail upon request.

Camden also re-affirmed its earnings guidance for 2010. Full-year 2010 Funds from Operations (“FFO”) is expected to be $2.58 to $2.70 per diluted share, and full-year 2010 Earnings per Share (“EPS”) is expected to be $0.06 to $0.18 per diluted share.

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. Factors which may cause the Company’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading “Risk Factors” in Camden’s Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in today’s press release represent management’s current opinions, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

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 187 properties containing 64,074 apartment homes across the United States. Camden was recently named by FORTUNE® Magazine for the third consecutive year as one of the “100 Best Companies to Work For” in America, placing 10th on the list.

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

 

Source: Camden Property Trust

Contact:

Camden Property Trust

Kim Callahan, 713-354-2549