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AIMCO Properties, L.P. Announces Extension Of Tender Offers.


Business Editors

DENVER--(BUSINESS WIRE)--April 30, 2004

As previously announced, AIMCO AIMCO Apartment Investment Management Company (Columbus, OH)  Properties, L.P. is tendering for any and all units of limited partnership interest in Consolidated Capital Institutional Properties and Consolidated Capital Institutional Properties 2, subject to the terms of the respective Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Settlement Offers (as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
 and supplemented, the "Offers"). AIMCO Properties, L.P. has now extended the expiration date Expiration Date

The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.

Notes:
The expiration date for all listed stock options in the U.S.
 of each of the Offers. The expiration date for each of the Offers has been extended to midnight, New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 time, on May 14, 2004. The Offers were previously scheduled to expire at midnight, New York City time, on April 30, 2004.

AIMCO Properties, L.P. has reported, based on information provided by the Information Agent for the Offers, that as of the close of business on April 29, 2004, the approximate number of units set forth below had been tendered pursuant to each of the Offers.


Name of Partnership                           Number of Units Tendered

Consolidated Capital Institutional Properties              7,076.9

Consolidated Capital Institutional Properties 2           37,329.8


For further information, please contact The Altman Group, Inc at (800) 467-0821 (toll free), which is acting as the Information Agent for the Offers.
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Publication:Business Wire
Date:Apr 30, 2004
Words:197
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