Chateau Communities Schedules Fourth-Quarter and Year-End Release and Teleconference.

Business Editors

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Jan. 22, 2003

Chateau Communities, Inc. (NYSE:CPJ), announced today its financial results schedule for the fourth quarter and year ending December 31, 2002. Results will be issued after the close of trading on the New York Stock Exchange on Wednesday, February 26, 2003. The Company will host a teleconference and an audio webcast the following day, Thursday, February 27, 2003, at 11:00 A.M. MST / 1:00 P.M. EST.

To participate, call toll-free 877/434-1281 and request the Chateau Communities teleconference. Callers outside the U.S. may access the call at 706/634-0185. The webcast will be available in listen-only mode at www.chateaucomm.com.

An audio replay of the call will be available through Monday, March 3, 2003. To access the replay, dial toll-free 800/642-1687, reservation #5666964. Callers outside the U.S. may access the replay at 706/645-9291. The webcast will be archived for thirty days, through Tuesday, March 26, 2003, also at www.chateaucomm.com.

Headquartered in Greenwood Village, Colorado, Chateau Communities is a fully integrated, self-administered real estate investment trust (REIT), and the largest owner and operator of manufactured home communities in the U.S. Its portfolio consists of 205 communities, with an aggregate of approximately 68,300 residential homesites and 1,400 park model/RV sites, and 35 managed communities with approximately 7,800 sites. In addition, the Company owns 11 greenfield development communities with approximately 4,600 sites when fully developed. Chateau Communities operates in 36 states.

Please visit Chateau Communities at www.chateaucomm.com