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Chad Cooley Promoted To Senior Vice President, Bozzuto Management Company

May 13, 2008

Greenbelt, MD - May 13, 2008 - Bozzuto Management Company, a wholly-owned subsidiary of The Bozzuto Group, today announced that Chad Cooley has been promoted to Senior Vice President. In his new role, Mr. Cooley will oversee property operations for Bozzuto Management Company communities in suburban Maryland, Washington, D.C., Northern Virginia, New Jersey and Pennsylvania. His portfolio will include 35 of Bozzuto’s 87 managed communities.

“Chad’s extensive range of experiences, coupled with his incredible enthusiasm and dedication to Bozzuto, have prepared him well for this role,” said Julie Smith, President of Bozzuto Management Company. “We look forward to his contributions to both existing communities and those in our pipeline.”

Mr. Cooley joined The Bozzuto Group in 1997 as a Leasing Consultant for Bozzuto Management Company. After serving as Assistant Manager and Property Manager in Training for several properties, he then moved to Bozzuto’s corporate office as a Computer Specialist, and was shortly thereafter promoted to Director of Information Systems. Since 2006, Mr. Cooley has served as Vice President, Asset Management, where he served as the point person for Bozzuto’s entire investment portfolio of nearly 30 assets.

A graduate of The University of Maryland, Mr. Cooley is also actively involved in the Urban Land Institute, the American Institute of Architects and the Property Management Association.

About Bozzuto Management Company
Bozzuto Management Company is a wholly owned subsidiary of The Bozzuto Group, a full-service real estate firm headquartered in Greenbelt, Maryland. The firm, its principals and subsidiaries have been recognized with numerous industry honors, including the national Pillars of the Industry Award for Property Management Company of the Year (2000).

About The Bozzuto Group
Headquartered in Greenbelt, MD, The Bozzuto Group consists of six integrated companies - Acquisitions, Construction, Development, Homebuilding, Land Development and Property Management - that together provide a broad range of real estate services. The company is committed to providing quality housing for all, from luxury homes and apartments to affordable housing solutions. Since 1988, the company has developed, acquired and built more than 30,000 homes and apartments. Throughout The Bozzuto Group’s 20-year history, the firm and its principals have been honored with numerous industry awards and honors. For more information, please visit www.bozzuto.com.

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