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MuniMae Announces Change to the Timing of Upcoming Conference Call

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BALTIMORE--([ BUSINESS WIRE ])--Municipal Mortgage & Equity, LLC (OTC:MMAB) ("MuniMae" or "the Company,") announced that due to the projected forecast of inclement weather for the Mid-Atlantic region over the weekend, the business update conference call scheduled for Monday, December 21, 2009 will be moved from 8:30 a.m. to 5:00 p.m. ET.

The conference call will be webcast. All interested parties are welcome to attend the live webcast, which can be accessed through the "Investor Relations" section of our website ([ www.munimae.com ]). You can also join the conference call by dialing (866) 700-7101 (passcode: 55422942).

An archived replay of the event will be available through January 23, 2010 at (888) 286-8010 (passcode: 36193693).

MUNIMAE: INTEGRITY. INNOVATION. SERVICE.

[ www.MuniMae.com ]