RICHMOND, Va.--(BUSINESS WIRE)--

UDR, Inc. (NYSE:UDR) announced today that it will release its second quarter 2007 financial results on Monday, July 30, 2007 after the market close. A conference call will be held the following day, Tuesday, July 31, 2007 at 1:00 p.m. Eastern time. The conference call will be open to the public.

During the conference call, company officers will review second quarter performance, discuss their outlook for 2007, and conduct a question-and-answer period. The Q&A period will be limited to registered financial analysts. All other participants will have listen-only capability.

To Participate in the Telephone Conference Call:

   Dial in at least five minutes prior to start time.
   Domestic: 800-218-8862
   International: 303-262-2050
   If you have any questions, please contact:
   Gloria Price: 720-283-6132
   E-mail: gprice@udr.com
   Conference Call Playback:
   Domestic: 800-405-2236
   International: 303-590-3000
   Passcode: 11091944#
   The playback can be accessed through August 7, 2007.

Webcast and Podcast:

The conference call will also be available on UDR's website at www.udr.com and at www.ccbn.com. To listen to a live broadcast, go to one of these sites at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay and downloadable podcast of the call will also be available for 90 days on UDR's website and also on CCBN's website.

Full Text of the Earnings Report and Supplemental Data

Internet -- The full text of the earnings report and supplemental data will be available immediately following the earnings release to the wire services on July 30, 2007 at the UDR web site, www.udr.com.

Mail -- For those without Internet access, the second quarter 2007 earnings release will be available by mail or fax, on request. To receive a copy, please call UDR Investor Relations at 720-283-6132.

About UDR, Inc.

UDR, Inc. (NYSE:UDR) is a leading multi-family real estate investment trust (REIT) with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of March 31, 2007, UDR owned 70,325 apartment homes and had 872 homes under development and another 1,109 homes under contract for development in its pre-sale program. For over 30 years, UDR has delivered long-term value to shareholders, the best standard of service to residents, and the highest quality experience for associates. An S&P 400 company, UDR is the fourth largest apartment REIT in the nation. Additional information can be found on the Company's website at www.udr.com.

Statements contained in this press release, which are not historical facts, are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the Company's use of words such as, "expects," "plans," "estimates," "projects," "intends," "believes," and similar expressions that do not relate to historical matters. Such forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors, which include, but are not limited to, unfavorable changes in the apartment market, changing economic conditions, the impact of competition and competitive pricing, acquisitions or new developments not achieving anticipated results, delays in completing developments and lease-ups on schedule, expectations on job growth, home affordability and demand/supply ratio for multi-family housing, expectations concerning redevelopment activities, expectations on occupancy levels, expectations concerning the Texas joint venture, expectations that automation will help grow net operating income, expectations on post-renovated stabilized annual operating income, exceptions on annualized net operating income, and other risk factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time including the Company's Annual Report on Form 10-K and the Company's Quarterly Reports on Form 10-Q. All forward-looking statements in this press release are made as of today, based upon information known to management as of the date hereof. The Company assumes no obligation to update or revise any of its forward-looking statements even if experience or future changes show that indicated results or events will not be realized.

Source: UDR, Inc.