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UMH Properties, Inc. Declares Dividend

10/01/2008

FREEHOLD, N.J., Oct. 1 /PRNewswire-FirstCall/ -- Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (Amex: UMH) announced that, on October 1, 2008, the Board of Directors declared a quarterly dividend of $0.18 per share payable December 15, 2008 to shareholders of record at the close of business November 17, 2008.

UMH Properties, Inc., a publicly-owned real estate investment trust, 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 UMH Properties, Inc.

Contact: Rosemarie Faccone, or Susan Jordan, both of UMH Properties, Inc., +1-732-577-9997

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