Equity Residential Appoints Linda Walker Bynoe to Board of Trustees

Equity Residential (NYSE: EQR) today announced the appointment of Linda Walker Bynoe to the company’s Board of Trustees, effective as of December 16, 2009, to serve until the next annual meeting of shareholders. Ms. Bynoe qualifies as an independent trustee under the New York Stock Exchange’s listing standards.

Ms. Bynoe, 57, is the President and Chief Executive Officer of Telemat Ltd, a privately-held project management and consulting firm based in Chicago, Illinois. In this role she advises clients in numerous industry sectors on strategic planning, capital restructuring and financial reporting.

Ms. Bynoe serves as a director of The Northern Trust Corporation (NASDAQ: NTRS); Simon Property Group (NYSE: SPG); Anixter Inc. (NYSE: AXE); Fidelity Life Association and Prudential Retail Mutual Funds. She holds a B.S. from Northeastern University and an M.B.A. from the Harvard University Graduate School of Business.

"We are very pleased to have Linda join our Board,” said David J. Neithercut, Equity Residential’s President and CEO. "Her background in finance, accounting and consulting, as well as her extensive board experience, makes her a valued addition.”

Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments in 494 properties totaling 136,843 units. For more information on Equity Residential, please visit our website at www.equityresidential.com.