MuniMae Announces Filing of Form 10-Q and Annual Meeting of Shareholders

BALTIMORE, Aug. 15, 2011 /PRNewswire/ -- Municipal Mortgage & Equity, LLC (OTC: MMAB) ("MuniMae" or "the Company"), announced today that it has filed its Form 10-Q for the quarter ending June 30, 2011 with the Securities and Exchange Commission.

The Company will host a conference call on Tuesday, August 23, 2011, at 8:30 a.m. EDT to provide a market update and discuss the second quarter results. 

The conference call will be webcast.  All interested parties are welcome to view the live webcast, which can be accessed through the Company's web site at www.munimae.com, under Investor Relations. You may also join the conference call by dialing 1-800-860-2442 (Toll Free) or by dialing 1-412-858-4600 (International).

The Form 10-Q has been posted to MuniMae's web site at www.munimae.com , under Investor Relations, and is also available at the Securities and Exchange Commission's web site at www.sec.gov.

The Company also announced that its annual meeting of shareholders will be held at the offices of Gallagher Evelius & Jones, LLP, 218 N Charles Street, Suite 400, Baltimore, MD 21201, on Wednesday, November 9, 2011 at 1:00 p.m. EST.

Shareholders who wish to present proposals for consideration at the annual meeting must submit such proposals in writing to the offices of the Company at 621 East Pratt Street Suite 600, Baltimore, MD 21202, Attn: Investor Services, no later than September 1, 2011, in order for such proposals to be considered for inclusion in the proxy statement for the annual meeting under Rule 14a-8 under the Securities Exchange Act of 1934 (the "Exchange Act").

Shareholders of record at the close of business on September 15, 2011 are entitled to notice of and to vote at the meeting.

The Company will announce when its proxy statement (filed pursuant to Regulation 14A under the Exchange Act) is available through the Company's web site at www.munimae.com, under Investor Relations.

MUNIMAE: INTEGRITY. INNOVATION. SERVICE.
www.MuniMae.com

Cautionary Statement Regarding Forward-Looking Statements

This Release contains forward-looking statements intended to qualify for the safe harbor contained in Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements often include words such as "may," "will," "should," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "seek," "would," "could," and similar words or are made in connection with discussions of future operating or financial performance.

Forward-looking statements reflect our management's expectations at the date of this Release regarding future conditions, events or results. They are not guarantees of future performance. By their nature, forward-looking statements are subject to risks and uncertainties. Our actual results and financial condition may differ materially from what is anticipated in the forward-looking statements. There are many factors that could cause actual conditions, events or results to differ from those anticipated by the forward-looking statements contained in this Release. These factors include changes in market conditions that affect the willingness of potential investors or lenders to provide us with debt or equity, changes in market conditions that affect the value or marketability of assets we own, changes in market conditions or other factors that affect our access to cash that we may need to meet our commitments to other persons, changes in interest rates or other conditions that affect the value of mortgage loans we have made, changes in interest rates that affect our cost of funds, tax laws, environmental laws or other conditions that affect the value of the real estate underlying mortgage loans we own, and changes in tax laws or other things beyond our control that affect the tax benefits available to us and our investors. Readers are cautioned not to place undue reliance on forward-looking statements. We have not undertaken to update any forward-looking statements in this Release.

SOURCE Municipal Mortgage & Equity, LLC