Canadian Apartment Properties Real Estate Investment Trust

Canadian Apartment Properties Real Estate Investment Trust

January 26, 2007 15:15 ET

CAP REIT Fourth Quarter & Year End 2006 Results & Conference Call

TORONTO, ONTARIO--(CCNMatthews - Jan. 26, 2007) - CAP REIT (TSX:CAR.UN) will issue its financial results for the three months and year ended December 31, 2006 on:

Tuesday, February 20, 2007

A conference call hosted by Thomas Schwartz, President and Chief Executive
Officer and Yazdi Bharucha, Chief Financial Officer and Secretary will
be held:

Wednesday, February 21, 2007 at 10.00 am ET

The telephone numbers for the conference call are:

Local: (416) 340-2216

North American Toll Free: (866) 898-9626

A slide presentation to accompany management's comments during the conference call will be available. To view the slides, access the CAP REIT web site at, click on "Investor Relations" and follow the link at the top of the page. Please log on at least 15 minutes before the call commences.

The telephone numbers to listen to the call after it is completed (Instant Replay) are local (416) 695-5800 or toll free (800) 408-3053. The Passcode for the Instant Replay is 3212847#. The Instant Replay will be available until midnight, February 27, 2007. The call and accompanying slides will also be archived on the CAP REIT web site at For more information about CAP REIT, its business and its investment highlights, please refer to our website at

Contact Information

    Mr. Michael Stein
    (416) 861-5788
    Mr. Thomas Schwartz
    President & CEO
    (416) 861-9404
    Mr. Yazdi Bharucha
    CFO & Secretary
    (416) 861-5771