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Camden Property Trust Prices $250 Million 4.250% Senior Unsecured Notes Due 2024

Camden Property Trust (NYSE:CPT) today announced that it has priced a $250 million offering of senior unsecured notes under its existing shelf registration. These ten-year notes were issued at 99.814% of par value with a coupon of 4.250%. Interest on the notes is payable semi-annually on January 15 and July 15, with the first payment becoming due and payable on July 15, 2014, and the notes will mature on January 15, 2024. The Company expects to use the net proceeds of approximately $247.4 million to pay at maturity the $200 million aggregate principal amount outstanding of its 5.375% Senior Notes due December 15, 2013, plus accrued and unpaid interest to the date of maturity, and the remainder to repay any outstanding balance on its unsecured line of credit and other short-term borrowings and for general corporate purposes, which may include property acquisitions and development in the ordinary course of business, capital expenditures and working capital. Settlement is scheduled for December 2, 2013.

Credit Suisse, Deutsche Bank Securities, SunTrust Robinson Humphrey and US Bancorp are Joint Book-Running Managers, J.P. Morgan, BofA Merrill Lynch and Wells Fargo Securities are Senior Co-Managers, and BB&T Capital Markets, Mitsubishi UFJ Securities, PNC Capital Markets LLC, Regions Securities LLC and Scotiabank are Junior Co-Managers in the transaction.

Camden has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Camden has filed with the SEC for more complete information about Camden and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, Camden, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037, Deutsche Bank Securities Inc. toll free at 1-800-503-4611, SunTrust Robinson Humphrey, Inc. toll free at 1-800-685-4786 or U.S. Bancorp Investments, Inc. toll free at 877-558-2607.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or other jurisdiction.

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