DAVIDSON DIVERSIFIED REAL ESTATE I LP (NONE)

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Ticker: NONE

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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APARTMENT INVESTMENT & MANAGEMENT CO

1 purchase — total 21,083 USD

Buy 12 Jan 2007

Value US$1,235,906.25 | Price 283.89 | Shares 19,440

APARTMENT INVESTMENT & MANAGEMENT CO

1 purchase — total 125 USD

Buy 29 Sep 2004

Value US$4,923,583.30 | Price 430.90 | Shares 60,721

APARTMENT INVESTMENT & MANAGEMENT CO

1 purchase — total 271 USD

Buy 31 Dec 2003

Value US$270.65 | Price 50.12 | Shares 5

Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value
2007-01-17	2007-01-12	B Purchase	APARTMENT INVESTMENT & MANAGEMENT CO Large shareholder	19,440 -30.1% 283.89 US$1,235,906	19,440 -30.1%	283.89	US$1,235,906
2004-10-22	2004-09-29	B Purchase	APARTMENT INVESTMENT & MANAGEMENT CO Large shareholder	60,721 -11.2% 430.90 US$4,923,583	60,721 -11.2%	430.90	US$4,923,583
2004-10-22	2003-12-31	B Purchase	APARTMENT INVESTMENT & MANAGEMENT CO Large shareholder	23,565 -9.7% 255.19 US$2,312,335	23,565 -9.7%	255.19	US$2,312,335

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