Analysts

Firm Analyst Phone Bank of America / Merrill Lynch Michelle Ko 646-855-1802   Andrew Ryu 212-449-6237 Citigroup Equity Research Michael Bilerman 212-816-1383   Eric Wolfe 212-816-5871 Green Street Advisors Andrew McCulloch 949-640-8780   Chris  Van Ens 949-640-8780 ISI Group Inc. Steve Sakwa 212-446-9462   Dave Bragg 212-446-9458 J.P. Morgan Securities Inc. Anthony Paolone 212-622-6682   Joseph Dazio 212-622-6416 Keefe, Bruyette & Woods Haendel  E. St.Juste 212-887-3842 KeyBanc Capital Markets Jordan  Sadler 917-368-2280   Karin Ford 917-368-2293 Macquarie Securities Michael Levy 212-231-2626 Morgan Keegan Stephen Swett 212-508-7585 Robert W. Baird & Co., Inc. Paula Poskon 703-821-5782   Lindsay  Yao 703-918-7852 Sandler O'Neill + Partners, L.P. Alexander Goldfarb 212-466-7937   James Milam 212-466-8066

American Campus Communities Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding American Campus Communities Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of American Campus Communities Inc. or its management. American Campus Communities Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.