Issue 91 Campground

Page 1

CHICAGO -- Equity LifeStyle Properties, Inc. has announced results for the quarter ended March 31, 2010. For the first quarter 2010, funds from operations (FFO) were $37.4 million, or $1.05 per share on a fully-diluted basis, compared to $37.9 million, or $1.24 per share on a fully-diluted basis for the same period in 2009. Net income available to

common stockholders totaled $15.1 million, or $0.49 per share on a fullydiluted basis for the quarter ended March 31, 2010. This compares to net income available to common stockholders of $13.6 million, or $0.54 per share on a fully-diluted basis for the same period in 2009. First quarter 2010 property operating revenues were

$127.4 million, compared to $124.4 million in the first quarter of 2009. For the quarter ended March 31, 2010, the company's core property operating revenues increased approximately 1.2 percent and core property operating expenses increased approximately 2.1 percent, resulting in an Continued page 2


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