Stock Trading History of Herzog Thomas M

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Herzog Thomas M since year 2005. The trader's CIK number is 1276863. At the time of this reporting, Herzog Thomas M is the Executive Vice President - CFO of Apartment Investment & Management Co (stock ticker symbol AIV).

Stock purchases, sales, and option exercises reported by *Herzog Thomas M* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-05-10	AIV	Apartment Investment & Management Co	Sale	7,257	54.02	392,023
2007-05-11	AIV	Apartment Investment & Management Co	Option Exercise	7,547	33.95	256,220
2007-05-11	AIV	Apartment Investment & Management Co	Sale	7,547	54.97	414,839
2006-12-08	AIV	Apartment Investment & Management Co	Sale	15,096	56.94	859,591
2006-12-08	AIV	Apartment Investment & Management Co	Option Exercise	15,096	33.95	512,509
2006-02-13	AIV	Apartment Investment & Management Co	Sale	14,500	42.84	621,180

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Herzog Thomas M (Executive Vice President - CFO of Apartment Investment & Management Co at the time of this reporting) see the Securities and Exchange Commission (SEC) website.