AMLI RESIDENTIAL PPTYS TR

CUSIP: 001735109 Class: SH BEN INT

TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA's Holding History (CIK: 0000315038)

Note: Option positions (PUT/CALL) are excluded.

Q2 2005

Shares 140,000 Value ($000) $4,376 Avg Close — Range —

Q1 2005

Shares 140,000 Value ($000) $3,835 Avg Close — Range —

Q4 2004

Shares 140,000 Value ($000) $4,480 Avg Close — Range —

Q3 2004

Shares 140,000 Value ($000) $4,277 Avg Close — Range —

Q2 2004

Shares 140,000 Value ($000) $4,108 Avg Close — Range —

Q1 2004

Shares 215,000 Value ($000) $6,074 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2005	140,000	$4,376	—	—
Q1 2005	140,000	$3,835	—	—
Q4 2004	140,000	$4,480	—	—
Q3 2004	140,000	$4,277	—	—
Q2 2004	140,000	$4,108	—	—
Q1 2004	215,000	$6,074	—	—