Co-Founder Returns as REIT CEO

Gregory T. Mutz, chairman of AMLI Residential Properties Trust, Chicago, will resume the position of chief executive officer of the real estate investment trust, AMLI has announced.Mr. Mutz co-founded AMLI's predecessor company more than 20 years ago and served as its CEO from its initial public offering in 1994 to 1998, the REIT said. He joined UICI, a financial services company, in 1998 and served as its president and CEO until last year. Allan J. Sweet, who has been co-CEO of AMLI with Philip N. Tague, will continue as AMLI's president. Mr. Tague will continue as the company's executive vice president and chairman of AMLI Residential Construction. The REIT can be found online at http://www.amli.com.