American Campus Communities Announces Second Quarter 2007 Earnings Release and Conference Call.

AUSTIN, Texas -- American Campus Communities, Inc. (NYSE:ACC), one of the largest owners, managers and developers of high-quality student housing properties in the U.S., today announced that the company will report financial results for the second quarter 2007 after the market close on Monday, July 30, 2007. The company will host its quarterly earnings conference call for investors and other interested parties on Tuesday, July 31, 2007 at 11 a.m. Eastern Time (ET). Bill Bayless, president and chief executive officer, and Brian Nickel, chief financial officer, will discuss the company's quarterly results and business outlook for 2007 on the conference call. The press release will be available in the Investor Relations section of the company's website.

The conference call and an accompanying slide presentation will be accessible through the Internet. To listen to the live broadcast, go to www.americancampuscommunities.com or www.earnings.com at least 15 minutes prior to the call so that required audio software can be downloaded. A replay of the conference call will be available beginning two hours after the end of the call until August 7, 2007 by dialing 888-286-8010 or 617-801-6888 passcode 80858489. The replay also will be available for 30 days at www.americancampuscommunities.com and at www.earnings.com. A podcast can be accessed on www.REITcafe.com and the company's website shortly after the call.

About American Campus Communities, Inc.

American Campus Communities, Inc. is one of the largest publicly traded REITs solely focused on student housing in the United States. American Campus Communities is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, and leasing and management of student housing properties. The company owns and manages 43 high-quality student housing properties containing approximately 26,800 beds. Including its owned properties, the company provides management and leasing services at a total of 56 properties, representing approximately 35,600 beds located on or near college and university campuses. Additional information is available at www.americancampuscommunities.com.