Colonial Properties Trust to present at the Morgan Keegan 2007 Equity Conference.

BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP), announced today that it will participate in the Morgan Keegan 2007 Equity Conference scheduled Wednesday, September 5 - Friday, September 7, 2007 at The Peabody Hotel in Memphis, TN.

President and Chief Financial Officer, Weston Andress will present an overview of the company followed by a question and answer session at 11:10 a.m. Central Standard Time (CST) on Friday, September 7. The audio-webcast with slides can be accessed at http://www.wsw.com/webcast/mk15/clp/ and will be available 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 along with slides will be available for 90 days following the presentation.

Colonial Properties Trust is a multifamily-focused real estate investment trust (REIT) that creates additional value for its shareholders by managing commercial assets through joint venture partnerships and aggressively pursuing development opportunities. As of June 30, 2007, the company owned or managed 38,715 apartment units, 16.8 million square feet of office space and 12.1 million square feet of retail shopping space located in key Sunbelt states from Virginia to California. 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, please visit the company's website at www.colonialprop.com.