LEND Accredited Home Lenders(Ipo) (MM)

Accredited Mortgage Loan REIT Trust (�REIT�) announced that the Pricing Committee of the Board today declared a quarterly cash dividend on REIT�s 9.75% Series A Perpetual Cumulative Preferred Shares at the rate of $0.609375 per share. The dividend will be paid on July 1, 2008 to preferred shareholders of record at the close of business on June 13, 2008. About Accredited Mortgage Loan REIT Trust Accredited Mortgage Loan REIT Trust, a subsidiary of Accredited Home Lenders Holding Co., is a Maryland real estate investment trust that was formed in May 2004 for the purpose of acquiring, holding and managing real estate assets. Forward Looking Statement Statements regarding the payment of the dividend on REIT�s 9.75% Series A Perpetual Cumulative Preferred Shares constitute forward-looking statements within the meaning of the federal securities laws. Such statements are based on current expectations, and the actual results and the timing of certain events could differ materially from those projected in or contemplated by these forward-looking statements due to a number of factors, including but not limited to the liquidity and capital needs of REIT. REIT cautions readers that the non-prime mortgage industry and REIT�s business are subject to numerous significant risks and uncertainties.