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Education Realty Trust Declares First Quarter Dividend

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MEMPHIS, Tenn.--([ BUSINESS WIRE ])--Education Realty Trust, Inc. (NYSE: EDR), a leader in the ownership, development and management of collegiate 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 March 31, 2011. The dividend will be payable May 17, 2011, to shareholders of record as of April 29, 2011.

About Education Realty Trust

Education Realty Trust, Inc. (NYSE: EDR) is one of Americaa™s largest owners, developers and managers of collegiate housing. EDR is a self-administered and self-managed real estate investment trust that owns or manages 56 communities in 23 states with nearly 34,000 beds in over 10,500 units. For more information please visit the company's website at [ www.educationrealty.com ].