Associated Estates Realty Corporation Announces Details Regarding Third Quarter

A conference call to discuss the results will be held on Thursday, October25 at 2:00 p.m. Eastern. To participate in the call:

Via Telephone: The dial in number is 800-862-9098 and the passcode is"Estates."

Via the Internet (listen only): Access the Company's Investor Relationspage at . Please log on at least 15 minutes prior tothe scheduled start time in order to register, download and install anynecessary audio software. Select the "Webcast" link at the top of the pageand follow the brief instructions to register for the event. The webcast willbe archived through November 8, 2007.

Associated Estates Realty Corporation is a real estate investment trust("REIT") and is a member of the Russell 2000 Index. The Company, headquarteredin Richmond Heights, Ohio, directly or indirectly owns, manages or is in ajoint venture partner in 98 properties containing a total of 19,909 unitslocated in 10 states. For more information about the Company, please visit itswebsite at: .

    For more information, please contact:    Michael Lawson    Vice President of Investor Relations and Corporate Communications    216-797-8798