BALTIMORE, Feb. 3 /PRNewswire-FirstCall/ -- The Town and Country Trust (NYSE:TCT), a multifamily real estate investment trust, today announced that its Board of Trustees has declared a regular quarterly dividend, with respect to the fourth quarter of 2005, of $0.43 per share, payable on March 10, 2006 to shareholders of record as of February 17, 2006. The Town and Country Trust is a multifamily real estate investment trust that owns and operates 38 apartment communities with 13,183 apartment homes in the Mid-Atlantic states and Florida. Additional information regarding The Town and Country Trust can be found on the Trust's web site at http://www.tctrust.com/. DATASOURCE: The Town and Country Trust CONTACT: Thomas L. Brodie, President and Chief Operating Officer, or Alan W. Lasker, Sr. Vice President and CFO, both of The Town and Country Trust, +1-212-407-2151; or Joseph Calabrese, Investor Inquiries of Financial Relations Board for The Town and Country Trust, +1-212-827-3772 Web site: http://www.tctrust.com/

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