TCT Town & Country Trust

The Town and Country Trust Declares Quarterly Dividend BALTIMORE, May 4 /PRNewswire-FirstCall/ -- The Town and Country Trust (NYSE:TCT), a multifamily real estate investment trust, today announced that its Board of Trustees has declared a regular quarterly dividend of $0.43 per share, payable on June 10, 2005 to shareholders of record as of May 20, 2005. The Town and Country Trust is a multifamily real estate investment trust that owns and operates 38 apartment communities with 13,065 apartment homes in the Mid-Atlantic states and Florida. Additional information regarding The Town and Country Trust can be found on the Trust's web site at http://www.tctrust.com/. DATASOURCE: The Town and Country Trust CONTACT: Thomas L. Brodie, President and Chief Operating Officer, +1-410-539-7600, or Alan W. Lasker, Sr. Vice President and CFO, +1-212-407-2151, both of The Town and Country Trust; or Investor Inquiries, Joseph Calabrese of Financial Relations Board, +1-212-827-3772, for The Town and Country Trust Web site: http://www.tctrust.com/

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