ROCA Real Estate Securities Fund Files Schedule 13D in Education Realty Trust, Inc

Business Wire, Feb 4, 2008

NEWPORT BEACH, Calif. -- ROCA Real Estate Securities Fund L.P., together with ROCA Advisors, L.P. and ROCA Advisors-GP, LLC (collectively, ROCA), today announced it has recently filed a Schedule 13D with the Securities and Exchange Commission with respect to ROCA's beneficial ownership in Education Realty Trust, Inc. (NYSE: EDR).

ROCA acquired the shares reported in the filing with a view towards making a profit on its investment. In light of this investment objective, ROCA intends to consider appropriate methods of maximizing the value of the shares.

Consistent with the investment intent, ROCA may (a) engage in communications with one or more shareholders of EDR, one or more officers of EDR and/or one or more members of the board of directors of EDR regarding EDR, including but not limited to its operations, its capital structure, a potential sale or merger of EDR and/or other strategic alternatives; and (b) advocate one or more courses of action. Additionally, ROCA may acquire additional shares or dispose of any or all of their shares depending upon an ongoing evaluation of the investment in the shares, prevailing market conditions, other investment opportunities, liquidity requirements and/or other investment considerations.

In connection with the foregoing, and as may be appropriate from time to time depending on the course of discussions with EDR or other actions taken by EDR, ROCA will consider the feasibility and advisability of various alternative courses of action with respect to the investment, provided, however, that ROCA does not currently intend to engage in a control transaction or any contested solicitation for the election of directors of EDR. ROCA may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.

About ROCA. ROCA Real Estate Securities Fund L.P. is a California and Connecticut based private investment vehicle primarily engaged in the business of investing in publicly traded securities. ROCA Advisors, L.P.'s principal business is to serve as the sole general partner of ROCA Real Estate Securities Fund L.P. ROCA Advisors-GP, LLC's principal business is to serve as the sole general partner of ROCA Advisors, L.P.

This communication is not the solicitation of a proxy nor shall it constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any security.