Exhibit 99.2
AMERIVEST PROPERTIES INC.
DIVIDEND REINVESTMENT PLAN
[AMERIVEST LOGO]
THE PLAN
We are pleased to bring a new service to our shareholders. The Dividend
Reinvestment Plan (the "Plan") is a convenient and economical way for you to
increase your investment in AmeriVest Properties Inc. by reinvesting your
quarterly dividends in additional shares of AmeriVest Common Stock.
DIVIDEND REINVESTMENT PLAN (DRIP)
If you choose, all or a portion of your cash dividends can be automatically
reinvested in additional shares of common stock. Your account will be credited
with the number of full and fractional shares purchased with your dividends at a
discount to market price. All full and fractional shares in your account will
earn future dividends, further increasing your shareholdings.
ADVANTAGES
Save Time
Once you complete the short Enrollment Authorization Form, transactions
will be handled automatically until you request a further change.
Save Money
You will not pay a service charge on these purchases and, in addition, you
will purchase stock at a discount to the market price. You will continue to
receive dividends on shares held in the Plan account.
FREE SERVICES
Safekeeping
UMB Bank, n.a. will provide for the safekeeping of shares credited to the
account. Certificates for other shares of AmeriVest stock registered in the
participant's name can also be held for safekeeping at no charge.
Record Keeping
The Plan Administrator will send you an account statement following each
investment showing your account activity and the balance of shares in your
Plan account. Your statement will include a detachable form to be used to
give the Plan Administrator notice of a change of address, to provide
instructions for the sale or withdrawal of shares, or to terminate your
participation in the Plan.
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WHO IS ELIGIBLE FOR PARTICIPATION?
All AmeriVest common shareholders of record, brokers, banks, or other nominees
on behalf of beneficial owners, and interested new investors not currently
shareholders of AmeriVest may participate in the Plan. Participation is
completely voluntary and participants may terminate participation in the Plan at
any time.
ENROLLING IS EASY
Record Owners
You are a record owner if a stock certificate is issued in your name. You may
join the Plan by completing and signing an Enrollment Authorization Form and
returning it to the Plan Administrator or by calling the Plan Administrator toll
free at (800) 884-4225.
Beneficial Owners
You are a beneficial owner if a stock certificate has been issued to a bank,
broker or other nominee on your behalf. You must contact the bank, broker or
other nominee to arrange for participation on your behalf. Alternatively, you
may request for the shares held on your behalf to be registered to you as a
record owner and follow the instructions shown above.
IF YOU HAVE ANY QUESTIONS, CALL THE PLAN ADMINISTRATOR TOLL FREE AT (800)
884-4225
CAN YOU SELL SHARES HELD OR TERMINATE PARTICIPATION?
You may terminate participation at any time in the Plan, and you may sell some
or all of the stock held in your Plan account, either through your broker, or
through the Plan Administrator. All expenses of the sale of your stock are your
responsibility. AmeriVest does not pay any expenses relating to the termination
or sale of your stock. Contact the Plan Administrator for instructions on the
sale of stock.
CONTACT
For further information about the Plan, including a Prospectus, contact the Plan
Administrator at:
UMB Bank, n.a.
Securities Transfer Division
P.O. Box 410064
Kansas City, Missouri 64141-0064
For information about AmeriVest Properties Inc., contact:
AmeriVest Properties,Inc.
Investor Relations
1800 Glenarm Place, Suite 500
Denver, Colorado 80202
(303) 297-1800
[email protected]
PARTICIPANTS SHOULD OBTAIN AND CAREFULLY REVIEW THE PLAN PROSPECTUS AVAILABLE
FROM THE PLAN ADMINISTRATOR PRIOR TO ENROLLING.
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