EdR (NYSE:EDR) today announced that it has closed its underwritten public offering of 17,250,000 shares of its common stock, which includes 2,250,000 shares issued as a result of the underwriters’ exercise of their option to purchase additional shares at the closing. EdR received approximately $180.9 million in net proceeds from the offering after deducting the underwriting discount and other estimated offering expenses. BofA Merrill Lynch and KeyBanc Capital Markets served as joint book-running managers for the offering. PNC Capital Markets LLC, RBC Capital Markets and UBS Investment Bank served as lead managers for the offering, and Baird and Sandler O’Neill + Partners, L.P. served as co-managers. To obtain a copy of the base prospectus and the final prospectus supplement for this offering, please contact: BofA Merrill Lynch, 222 Broadway, 7 th Floor, New York, NY 10038, Attention: Prospectus Department or email firstname.lastname@example.org; or KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, OH 44114. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities 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 such state or other jurisdiction. About EdR EdR (NYSE:EDR) is one of America’s largest owners, developers and managers of collegiate housing. A self-administered and self-managed real estate investment trust, EdR owns or manages 65 communities in 24 states with more than 36,300 beds within more than 12,000 units. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements about the Company’s business that are not historical facts are “forward-looking statements.” Forward-looking statements are based upon current expectations. You should not rely upon our forward-looking statements because the matters that they describe are subject to known and unknown risks and uncertainties that could cause the Company’s future results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such statements. Such risks are set forth under the captions “Item 1A. Risk Factors” and “Forward-Looking Statements” in our most recent annual report on Form 10-K and under the caption “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” (or similar captions) in our quarterly reports on Form 10-Q, and are described in our other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any guidance or other forward-looking statement, whether as a result of new information, future developments, or otherwise.