The news items below highlight a select few of the press releases from MMA Realty Capital’s parent company, MuniMae. These items are selected for their particular relevance to the business lines and operations of MMA Realty Capital. We believe the items below would be of particular interest to MMA Realty Capital’s developer and investor clients and capital partners.

To access the complete press release archive for current and prior years, please visit www.MuniMae.com

MMA Renewable Ventures Launches Energy Efficiency Finance Group - Three Efficiency Veterans Create New Business Unit at Leading Energy Finance Firm

San Francisco, Calif. – May 31, 2007 – MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, LLC (NYSE: MMA), today announced the launch of a new business unit focused on developing financial solutions for mid to large-scale energy efficiency (EE) projects.
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MMA Realty Capital Promotes Mike Rulf

BALTIMORE – MMA Realty Capital, LLC, an operating subsidiary of Municipal Mortgage & Equity, LLC (“MuniMae,” NYSE: MMA), announced today that Mike Rulf has been promoted to Senior Vice President of MMA Realty Capital, and will be based in the Company’s St. Paul, MN office.
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MMA Realty Capital's Atlanta Office Relocates and Adds New Team Members

BALTIMORE – MMA Realty Capital, LLC (“MRC”), an operating subsidiary of Municipal Mortgage & Equity, LLC (“MuniMae,” NYSE: MMA), announced today that it has relocated its Atlanta office and that David Weaver recently joined MRC as a production officer after a long stint with MetLife Real Estate Investments.
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MuniMae Announces 40th Consecutive Increase in Quarterly Distribution; Company Provides Year End Review for 2006

Baltimore , Md. — Jan. 31, 2007— MuniMae (NYSE:MMA) announced today that its Board of Directors declared a distribution of $0.5125 per common share payable on February 20, 2007 to shareholders of record as of February 7, 2007. This represents a 4% increase over the distribution for the comparable period last year. On an annualized basis, the distribution equates to $2.05 per common share and represents a 6.5% yield based on the January 30, 2007 closing price of $31.44 per share. Because a portion of income allocated to shareholders may qualify for exemption from Federal income taxes, the stated yield does not reflect potentially higher net returns investors may realize as compared with other investments.
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MuniMae Acquires Renewable Ventures LLC, Clean Energy Project Finance Company

Baltimore , Md. and San Francisco, Calif.— May 16, 2006 — MuniMae (NYSE:MMA) announced today that it has acquired Renewable Ventures LLC, an innovative third-party financer and operator of renewable energy generation facilities.
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MuniMae Announces 37th Consecutive Increase in Quarterly Distributions

BALTIMORE--(BUSINESS WIRE)--May 4, 2006--MuniMae (NYSE:MMA) announced today that its Board of Directors declared a distribution of $0.4975 per common share payable on May 23, 2006, to shareholders of record as of May 10, 2006.
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MuniMae Announces 36th Consecutive Increase in Quarterly Distributions; Strategic Reorganization to Improve Profitability and Shareholder Value

BALTIMORE, Jan 20, 2006 (BUSINESS WIRE) -- MuniMae (NYSE:MMA) announced that its Board of Directors yesterday declared a distribution of $0.4925 per common share payable on February 10, 2006, to shareholders of record as of January 30, 2006.
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The news items above highlight a select few of the press releases from MMA Realty Capital’s parent company, MuniMae. These items are selected for their particular relevance to the business lines and operations of MMA Realty Capital. To access the complete press release archive for current and prior years, please visit www.MuniMae.com.