EX-99.(A)(7) 2 d18172a2exv99wxayx7y.txt PRESS RELEASE EXHIBIT (a)(7) CONTACT: The Altman Group, Inc. (800) 467-0821 (toll free) FOR IMMEDIATE RELEASE AIMCO PROPERTIES, L.P. ANNOUNCES EXTENSION OF TENDER OFFERS DENVER, COLORADO, March 28, 2005 - As previously announced, AIMCO Properties, L.P. is offering to purchase units of limited partnership interest in the partnerships set forth below, subject to the terms of the respective Offers to Purchase (as amended and supplemented, the "Offers"). AIMCO Properties, L.P. has now extended the expiration date of each of the Offers to midnight, New York City time, on April 27, 2005. The Offers were previously scheduled to expire at midnight, New York City time, on March 28, 2005. AIMCO Properties, L.P. has reported, based on information provided by the Information Agent for the Offers, that as of the close of business on March 25, 2005, the approximate number of units set forth below had been tendered pursuant to each of the Offers.
Name of Partnership Number of Units Tendered ------------------------------------- ------------------------ Century Properties Fund XIV 387 Century Properties Fund XV 1,523 Century Properties Fund XIX 2,689.68 Century Properties Growth Fund XXII 3,170 Davidson Growth Plus, L.P. 444.5 Davidson Income Real Estate, L.P. 451 Fox Strategic Housing Income Partners 580 National Property Investors III 302
For further information, please contact The Altman Group, Inc. at (800) 467-0821 (toll free), which is acting as the Information Agent for the Offers.