Education Realty Trust Declares Third Quarter Dividend

/ Source: GlobeNewswire

MEMPHIS, Tenn., Oct. 5, 2010 (GLOBE NEWSWIRE) -- Education Realty Trust Inc. (NYSE:EDR), a leader in the ownership, development and management of collegiate student housing, today announced that its board of directors has approved a quarterly cash dividend of $0.05 per share of common stock for the quarter ended September 30, 2010. The dividend will be payable November 15, 2010, to shareholders of record as of October 29, 2010.

About Education Realty Trust

Education Realty Trust, Inc. (NYSE:EDR) is one of America's largest owners, developers and managers of collegiate student housing. EDR is a self-administered and self-managed real estate investment trust that owns or manages 62 communities in 22 states with more than 37,000 beds. For more information please visit the Company's Web site at www.educationrealty.com.

CONTACT: Education Realty Trust Randall H. Brown, Executive Vice President, CFO & Treasurer 901-259-2500 rbrown@edrtrust.com Public Relations Susan Jennings 901-259-2506 sjennings@edrtrust.com