Camden Property Trust Announces Third Quarter 2006 Dividend.

HOUSTON -- The Board of Trust Managers of Camden Property Trust (NYSE:CPT) today declared a third quarter dividend of $0.66 per share to holders of record as of September 29, 2006 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2006.

Camden Property Trust is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 185 properties containing 63,449 apartment homes across the United States. Upon completion of 13 properties under development, the Company's portfolio will increase to 67,911 apartment homes in 198 properties.

For additional information, please contact Camden's Investor Relations Department at [phone] or [phone] or access our website at http://www.camdenliving.com.