June 26, 2006 at 17:49 PM EDT
Post Announces Date of Second Quarter Earnings Release and Conference Call

Post Properties, Inc. (NYSE: PPS) will release its second quarter earnings after the market closes on Monday, July 31, and hold its quarterly conference call on Tuesday, August 1, at 10:00 a.m. EDT.

The telephone numbers are 800-819-9193 for US and Canada callers and 913-981-4910 for international callers. The access code is 2148632. The conference call will be open to the public and can be listened to live on Post's web site at www.postproperties.com under corporate information/investor information.

The replay will begin at 1:00 p.m. EDT on August 1, and will be available until Monday, August 7, at 11:59 p.m. EDT. The telephone numbers for the replay are 888-203-1112 for US and Canada callers and 719-457-0820 for international callers. The access code for the replay is 2148632. A replay of the call also will be archived on Post's web site under corporate information/investor information.

Post Properties, founded more than 30 years ago, is one of the largest developers and operators of upscale multifamily communities in the United States. The Company's mission is delivering superior satisfaction and value to its residents, associates, and investors, with a vision of being the first choice in quality multifamily living. Operating as a real estate investment trust (REIT), the Company focuses on developing and managing Post(R) branded resort-style garden and high density urban apartments. In addition, the Company develops high-quality condominiums and converts existing apartments to for-sale multifamily communities. Post Properties is headquartered in Atlanta, Georgia, and has operations in ten markets across the country.

Post Properties owns 22,057 apartment homes in 61 communities, including 545 apartment units in two communities held in unconsolidated entities and 512 apartment units in two communities currently under construction. The Company is also developing 230 for-sale condominium homes and is converting 597 apartment units in four communities (including 121 units in one community held in an unconsolidated entity) into for-sale condominium homes through a taxable REIT subsidiary.

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