CPT Camden Property Trust

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) today declared a second quarter dividend of $0.66 per share to holders of record as of June 30, 2006 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2006. Camden Property Trust is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 185 properties containing 63,664 apartment homes across the United States. Upon completion of 13 properties under development, the Company's portfolio will increase to 68,183 apartment homes in 198 properties. For additional information, please contact Camden's Investor Relations Department at 800-922-6336 or 713-354-2787 or access our website at http://www.camdenliving.com.