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United Mobile Homes, Inc. Announces New Acquisition


FREEHOLD, N.J., March 13 /PRNewswire-FirstCall/ -- United Mobile Homes, Inc. (Amex: UMH) announced the acquisition on March 10, 2006, of Weatherly Estates I, a 271-space manufactured home community in Lebanon, Tennessee, for a total purchase price of approximately $5,200,000. With this purchase, UMH now owns 28 manufactured home communities consisting of approximately 6,400 sites.

Samuel A. Landy, President, stated, "The operation of Weatherly Estates I will fit in nicely with our existing Tennessee communities. This well-located family community near Nashville is a welcome addition to our portfolio."

United Mobile Homes, Inc. is a publicly owned real estate investment trust whose primary business is the ownership and operation of manufactured home communities. The Company owns and operates twenty-eight manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio and Tennessee. In addition, the Company owns a portfolio of REIT securities. UMH has been in operation since 1968, operating as a public company since 1985.

SOURCE  United Mobile Homes, Inc.
    -0-                             03/13/2006
    /CONTACT:  Rosemarie Faccone or Susan Jordan, both of United Mobile Homes,
Inc., +1-732-577-9997/
    CO:  United Mobile Homes, Inc.; Weatherly Estates
ST:  New Jersey, Tennessee

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1653 03/13/200610:12 EST

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