Equity LifeStyle Properties, Inc. (NYSE: ELS) (the "Company") announced the tax treatment of its 2012 common and preferred share distributions. The nondividend distributions on the common shares was also reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code Section 6045B. A copy of the Form 8937 is posted to the Company's website (www.equitylifestyle.com).

Common Shares (CUSIP No. 29472R108)

                               Ordinary    Long-Term
 Record  Payable  Distribution  Taxable  Capital Gains  Nondividend
  Date     Date    Per Share   Dividend    Dividend     Distributions
12/30/11 01/13/12  $0.375000   $0.285730   $0.024244     $0.065026
03/30/12 04/13/12  $0.437500   $0.333352   $0.028285     $0.075863
06/29/12 07/13/12  $0.437500   $0.333352   $0.028285     $0.075863
09/28/12 10/12/12  $0.437500   $0.333352   $0.028285     $0.075863
12/14/12 12/28/12  $0.437500   $0.333352   $0.028285     $0.075863
 TOTALS            $2.125000   $1.619138   $0.137384     $0.368478

Series A Cumulative Redeemable Perpetual Preferred Stock (CUSIP No. 29472R207)

                               Ordinary    Long-Term
 Record  Payable  Distribution  Taxable  Capital Gains
  Date     Date    Per Share   Dividend    Dividend
03/19/12 03/30/12  $0.502125   $0.462852   $0.039273
06/18/12 06/29/12  $0.502125   $0.462852   $0.039273
   *     09/14/12  $0.384963   $0.354854   $0.030109
09/17/12 09/28/12  $0.502125   $0.462852   $0.039273
   **    10/18/12  $0.094846   $0.087428   $0.007418

*This distribution represents the final 2012 distribution on each share of Series A Preferred Stock that was exchanged for a newly created Depository Share representing 1/100 of a share of Series C Preferred Stock.
**This distribution represents the final 2012 distribution on each remaining share of Series A Preferred Stock that was redeemed on October 18, 2012.

Series C Cumulative Redeemable Perpetual Preferred Stock (CUSIP No. 29472R405).

                               Ordinary    Long-Term
 Record  Payable  Distribution  Taxable  Capital Gains
  Date     Date    Per Share   Dividend    Dividend

The distribution on each Depositary Share (representing 1/100 of a share of Series C Preferred Stock) is for the period from September 8, 2012 to December 31, 2012.

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

Equity LifeStyle Properties, Inc. owns or has an interest in 383 quality properties in 32 states and British Columbia consisting of 142,682 sites. The Company is a self-administered, self managed, real estate investment trust (REIT) with headquarters in Chicago.