Angeles Mortgage Investment Trust Declares Special Dividend.LOS ANGELES--(BUSINESS WIRE)--Aug. 5, 1998--The board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Angeles Mortgage Investment Trust (ANM ANM Azienda Napoletana Mobilità (Italian) ANM Advancing Native Missions ANM Answer Message (telecommunications) ANM Auxiliary Nurse Midwife ANM Arab Nationalist Movement ANM Advanced Network Management ), in connection with its anticipated merger with Insignia Properties Trust (IPT), has declared a special dividend to Class A shareholders of 15 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . The special dividend will be paid on Sept. 3, 1998, to Class A shareholders of record on Aug. 14, 1998. Such dividend is being made to maintain the REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). requirement of paying at least 95 percent of ANM's taxable income before the merger with IPT, expected to occur in September 1998.
CONTACT: Angeles Mortgage Investment Trust
Ann Merguerian, 805/449-1335
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