AvalonBay Communities Announces 2013 Dividend Income Tax Treatment

ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) announced today the final income allocations of the Company’s 2013 dividend distributions on its Common Stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #053484101)


					Taxable						Unrecap.
Declaration			Distribution		Ordinary		Return of				Section 1250
Date	Record Date	Payable Date	Per Share		Income (1)		Capital		Capital Gain		Gain

02/13/13	03/28/13	04/15/13	$	1.07000	$	0.44940	$	0.00000	$	0.42800	$	0.19260
05/22/13	06/28/13	07/15/13		1.07000		0.44940		0.00000		0.42800		0.19260
09/10/13	09/30/13	10/15/13		1.07000		0.44940		0.00000		0.42800		0.19260
11/20/13	12/31/13	01/15/14		1.07000		0.44940		0.00000		0.42800		0.19260


			$	4.28000	$	1.79760	$	0.00000	$	1.71200	$	0.77040
	Totals
				100%		42%		0%		40%		18%

Components may not sum to the totals due to rounding differences. The information above presents final income allocations.

(1) None of the dividends classified as taxable ordinary income represents “qualified dividend income” and, therefore, are not eligible for capital gains rates.

About AvalonBay Communities, Inc.

As of September 30, 2013, the Company owned or held a direct or indirect ownership interest in 276 apartment communities containing 82,576 apartment homes in twelve states and the District of Columbia, of which 29 communities were under construction and five communities were under reconstruction. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in high barrier-to-entry markets of the United States. More information may be found on the Company’s website at http://www.avalonbay.com.

AvalonBay Communities, Inc.
Jason Reilley
Director
Investor Relations
703-317-4681

Source: AvalonBay Communities, Inc.

Released January 17, 2014