In the news release, New England Realty Associates LP (Amex: NEN) Declares Distribution, issued yesterday, Dec. 5, by New England Realty Associates LP over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "On December 29, 2006" rather than "December 31, 2006" as originally issued inadvertently. Complete, corrected release follows: ALLSTON, Mass., Dec. 5 /PRNewswire-FirstCall/ -- On December 29, 2006, New England Realty Associates Limited Partnership will make a distribution to its Class A Limited Partners and holders of Depositary Receipts. Class A Limited Partners and holders of Depositary Receipts of record as of December 15, 2006, will be entitled to a quarterly distribution in the amount of $7.00 per Class A Partnership Unit, or $.70 per Depositary Receipt. Each Depositary Receipt represents a beneficial ownership of one-tenth of a Class A Partnership Unit. Depositary Receipts are listed on AMEX under the trading symbol "NEN." Contact: Sally Starr New England Realty Associates LP 39 Brighton Avenue, Allston, MA 02134 617-850-7244 e-mail: DATASOURCE: New England Realty Associates LP CONTACT: Sally Starr of New England Realty Associates LP, +1-617-850-7244,

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