MEMPHIS, TN (REIT Media) April 13, 2009 - Education Realty Trust, Inc. (NYSE:EDR), a leader in the ownership, management and development of student housing, today announced that its board of directors has approved a quarterly cash dividend of $0.1025 per share of common stock for the quarter ended March 31, 2009. The dividend will be payable May 15, 2009, to shareholders of record as of April 30, 2009.

About Education Realty Trust

Education Realty Trust, Inc. (NYSE:EDR) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the United States. Led by a team with over 200 years of shared industry experience, EDR is one of America's largest owners and operators of collegiate student housing. The Company has ownership and management interests in 63 properties with 37,152 beds in a total of 21 states. For more information please visit the company's Web site at www.educationrealty.com.

CONTACT:  ICR, LLC
Brad Cohen
203-682-8211
bcohen@icrinc.com