Colonial Properties Trust to Present at the Wachovia Securities 10th Annual Wachovia RealEstate, Gaming & Lodging Securities Conference.

BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP), a real estate investment trust that owns a portfolio of multifamily, office and retail properties, announced today that it will participate in the Wachovia Securities 10th Annual Wachovia RealEstate, Gaming & Lodging Securities Conference scheduled Tuesday, December 5 through Wednesday, December 6 at The New York Palace Hotel in New York City.

On Tuesday, December 5, at 11:10am Eastern Standard Time, President and Chief Financial Officer, Weston Andress, will present an overview of the company followed by a question and answer session. The audio-webcast can be accessed at http://www.wsw.com/webcast/wa40/clp/ under the investor relations link in the company's website, http://www.colonialprop.com. For those who are not able to listen to the live broadcast, a replay will be available on the company's website approximately one half hour following the presentation.

Colonial Properties Trust, through its subsidiaries, owns a portfolio of multifamily, office and retail properties throughout the Sunbelt. Colonial Properties Trust performs development, acquisition, management, leasing and brokerage services for its portfolio and properties owned by third parties. The company has a total market capitalization of approximately $5.6 billion. As of September 30, the company owns or manages 46,125 apartment units, 17.7 million square feet of office space and 12.1 million square feet of retail shopping space. Headquartered in Birmingham, Ala., Colonial Properties is listed on the New York Stock Exchange under the symbol CLP and is included in the S&P SmallCap 600 Index. For more information, visit www.colonialprop.com.