Essex Property Trust Declares Quarterly Distributions

| Source: Essex Property Trust, Inc. Essex Property Trust, Inc.

PALO ALTO, CA--(Marketwired - May 16, 2013) - Essex Property Trust, Inc. (NYSE: ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.21 per common share, payable July 15, 2013 to shareholders of record as of June 28, 2013.

The Board of Directors has also declared regular quarterly distributions for its preferred share issuances as follows:

             
             
Series   Record Date   Payment Date   Amount per Share
G   July 1, 2013   July 31, 2013   $0.30469
H   July 1, 2013   July 15, 2013   $0.44531
             
             

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 400 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages apartment communities located in highly desirable, supply-constrained markets. Essex currently has ownership interests in 166 multifamily properties with an additional 8 properties in various stages of development. Additional information about Essex can be found on the Company's web site at www.essexpropertytrust.com.

Contact Information:

Contact Information
Barb Pak
Director of Investor Relations
(650) 849-1667

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