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Colonial Properties Trust to Participate in 12th Annual Wachovia Global Real Estate Securities Conference

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^{Published in Business and Finance on Saturday, December 6th 2008 at 14:07 GMT by Market Wire}  

BIRMINGHAM, Ala.--([ BUSINESS WIRE ])--ColonialProperties Trust (NYSE: CLP) announced today that it will participate in the 12^th Annual Wachovia Global Real Estate Securities Conference scheduled December 9, 2008 at The New York Palace Hotel, NY.

President and Chief Financial Officer, Weston Andress will present an overview of the company at 3:35 p.m. Eastern Standard Time (EST) on Tuesday, December 9. The audio-webcast can be accessed at [ http://www.wsw.com/webcast/wa54/clp/ ] and will also be available on the Company's website, [ www.colonialprop.com ] under Investors, General Information, Investors Calendar. A replay will be available for 90 days following the presentation.

Colonial Properties Trust is a multifamily real estate investment trust (REIT) that creates additional value for its shareholders by managing commercial assets through joint venture investments and pursuing development opportunities. As of September 30, 2008, the company owned or managed 36,481 apartment units, 16.5 million square feet of office space and 9.1 million square feet of retail shopping space located in key Sunbelt states from Virginia to Nevada. Headquartered in Birmingham, Ala., Colonial Properties is listed on the New York Stock Exchange under the symbol CLP and is included in the S&P SmallCap 600 Index. For more information, please visit the company's website at [ www.colonialprop.com ].