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Mid-America Apartment Communities, 8 1/2% Series I Cumul Redeem Preferred Shares

Formerly Post Properties. $50/share issue.

Ticker: MAA-I

Parent Ticker: MAA

OTC Grey Market Temporary Ticker: NA

Issuance Date: 09/27/1996

1st Call Date: 10/01/2026

Maturity Date: None

Shares Issued: 1,000,000

Overallotment Shares: 150,000

Coupon: 8.50%

Face Value: $50.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 1.062

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 31

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: NR