Campus Crest Communities, Inc. (the "Company") (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today announced that the Company will release its fourth quarter and full year 2011 financial results after the market close on Tuesday, February 28, 2012. The Company will host a conference call on Wednesday, February 29, 2012, at 9:00 a.m. (Eastern Time) to discuss the financial results, as well as the Company's outlook for 2012.

The call can be accessed live over the phone by dialing 877-407-3982, or for international callers, 201-493-6780. A replay will be available shortly after the call and can be accessed by dialing 877-870-5176, or for international callers, 858-384-5517. The passcode for the replay is 387439. The replay will be available until March 7, 2012.

Interested parties may also listen to a simultaneous webcast of the conference call by logging onto the Company's website at http://investors.campuscrest.com/. The on-line replay will be available for a limited time beginning immediately following the call.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. (NYSE: CCG) is a leading developer, builder, owner and manager of high-quality, purpose-built student housing properties located close to campuses in targeted U.S. markets. The Company is a self-managed, self-administered and vertically-integrated real estate investment trust which operates all of its properties under The Grove® brand. Campus Crest Communities owns interests in 33 student housing properties containing approximately 6,324 apartment units and 17,064 beds and boasts the youngest standardized portfolio in the industry. Since its inception, the Company has focused on customer service, privacy, on-site amenities and its proprietary residence life programs to provide college students across the USA with a higher quality of living. Additional information can be found on the Company's website at http://www.campuscrest.com.

Investor Relations
704-496-2581
Investor.Relations@CampusCrest.com