EdR (NYSE:EDR), a leader in the ownership, management and development of collegiate housing, today announced the final tax characterization for the Company's total dividend of $0.4200 per common share (CUSIP: 28140H104) paid during the calendar year ending December 31, 2013.

        Non-Taxable
Taxable Distribution
Record Payment Total Ordinary (Return of
Date   Date   Dividend   Dividend   Capital)
01/31/2013   02/15/2013   $0.1000   $0.0431   $0.0569
04/30/2013   05/15/2013   $0.1000   $0.0431   $0.0569
07/31/2013   08/15/2013   $0.1100   $0.0474   $0.0626
10/31/2013   11/15/2013   $0.1100   $0.0474   $0.0626

In accordance with IRS Code Section 6045B, the company has posted Form 8937, "Report of Organizational Actions Affecting Basis of Securities," which is available on our website at www.EdRtrust.com. This form will provide detailed information on the return of capital portion of the common share distributions.

About EdR

EdR (NYSE:EDR) is one of America's largest owners, developers and managers of collegiate housing. EdR is a self-administered and self-managed real estate investment trust that owns or manages 71 communities in 24 states with nearly 40,000 beds. For more information please visit the Company's website at www.EdRtrust.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements about the company's business that are not historical facts are "forward-looking statements." Forward-looking statements are based on current expectations. You should not rely on our forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause the company's future results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such statements. Such risks are set forth under the captions "Item 1A. Risk Factors" and "Forward-Looking Statements" in our annual report on Form 10-K and under the caption "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" (or similar captions) in our quarterly reports on Form 10-Q, and as described in our other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the dates on which they are made, and the company undertakes no obligation to update publicly or revise any guidance or other forward-looking statement, whether as a result of new information, future developments, or otherwise.

EdR
Randall H. Brown, 901-259-2500
Executive Vice President, CFO & Treasurer
rbrown@edrtrust.com
Stephen R. Woo, 901-259-2559
Vice President - Taxation
srwoo@edrtrust.com