Amerivest

AMV Liquidating Trust

Liquidation

FORMATION
AmeriVest Properties Inc. ("AMV" or the "Company") was a Maryland corporation, incorporated in 1999. Since 1997, it operated as a real estate investment trust and since 2000 it focused on the acquisition, development, re-development, operation and disposition of commercial office buildings leased primarily to small and medium size tenants.

PLAN OF LIQUIDATION
On February 9, 2006, the AMV Board of Directors adopted a plan for the complete liquidation and dissolution of the Company (the "Plan"), which was approved by AmeriVest's stockholders on May 24, 2006. The Plan contemplated the orderly sale of all of the Company's assets, the collection of all outstanding receivables, the discharge of all outstanding liabilities to third parties and, after the establishment of appropriate reserves, the distribution of all remaining cash to the Company's stockholders.

On July 18, 2006 AMV announced that the Company and its subsidiaries had entered into a definitive agreement to sell, pursuant to the Plan, the entire portfolio of office buildings to Koll/PER, LLC, a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho. The gross purchase price was $273 million (less a reserve for capital expenditures of approximately $850,000) which included an assumption of existing property level debt of approximately $126 million. On November 29, 2006 AMV completed the eighth and final closing under this agreement. Total cash proceeds from the sales after all sales expenses and closing adjustments were approximately $141 million, which cash was retained by seller and used to fund distributions to shareholders, operating expenses of the Company and to provide a reserve for contingent liabilities and expenses.

On November 16, 2006 an initial liquidating cash distribution in the amount of $3.50 per share was paid to shareholders of record as of November 10, 2006. On December 18, 2006, a second liquidating cash distribution of $1.75 per share was paid to shareholders of record as of December 11, 2006. The Board directed the Trustee of the AMV Liquidating Trust (the "Trust") to pay an additional amount of $0.40 per share in March 2007 to record holders of beneficial interest in the Trust. The payment of a liquidating distribution in March 2007 is contingent on the absence of the initiation or threat of any claim or cause of action against the Company, which the Trustee, in its sole discretion, determines to necessitate the retention of such funds.

The final day for trading in AmeriVest common stock on the American Stock Exchange was December 27, 2006. Following the close of trading on that day, the Company closed its transfer books and all remaining assets and liabilities were transferred to the Trust in accordance with the plan of liquidation approved by the Company's shareholders in May 2006. As part of the transfer, each AMV shareholder of record on December 27, 2006 has automatically become the holder of one unit of beneficial interest in the Trust for each share of AMV common stock, and all outstanding shares of AMV common stock have automatically been deemed canceled. Subject to limited exceptions related to transfer by will, intestate succession or operation of law, units in the Trust will not be transferable nor will a unit holder have authority, opportunity or power to sell or in any other manner dispose of any units. As a result, the beneficial interests in the Trust are not listed on any securities exchange or quoted on any automated quotation system of a registered securities association.

The Company has requested that the staff of the Securities and Exchange Commission permit the Trust to file abbreviated reports with the SEC in the form in which the Trust will report periodically to its beneficiaries, in lieu of filing the periodic reports that would be required to be filed with the SEC under Section 13 of the Securities Exchange Act of 1934.

The Company selected Cloyses Partners, LLC of Denver as Liquidating Trustee of the Trust. Updates on the Trust will be available on this website: www.amvproperties.com.

There can be no assurance with respect to the timing or amount of any distribution or distributions to be made by the Trust, nor that the Company will receive the requested relief from the SEC or any relief.

All of the information contained on this website prior to December 28, 2006 relates to AmeriVest Properties Inc., the predecessor in interest to AMV Liquidating Trust and is provided as a courtesy. The Trustee of AMV Liquidating Trust assumes no responsibility for the accuracy of such information



AMV Liquidating Trust Liquidation FORMATION AmeriVest Properties Inc. ("AMV" or the "Company") was a Maryland corporation, incorporated in 1999. Since 1997, it operated as a real estate investment trust and since 2000 it focused on the acquisition, development, re-development, operation and disposition of commercial office buildings leased primarily to small and medium size tenants. PLAN OF LIQUIDATION On February 9, 2006, the AMV Board of Directors adopted a plan for the complete liquidation and dissolution of the Company (the "Plan"), which was approved by AmeriVest's stockholders on May 24, 2006. The Plan contemplated the orderly sale of all of the Company's assets, the collection of all outstanding receivables, the discharge of all outstanding liabilities to third parties and, after the establishment of appropriate reserves, the distribution of all remaining cash to the Company's stockholders. On July 18, 2006 AMV announced that the Company and its subsidiaries had entered into a definitive agreement to sell, pursuant to the Plan, the entire portfolio of office buildings to Koll/PER, LLC, a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho. The gross purchase price was $273 million (less a reserve for capital expenditures of approximately $850,000) which included an assumption of existing property level debt of approximately $126 million. On November 29, 2006 AMV completed the eighth and final closing under this agreement. Total cash proceeds from the sales after all sales expenses and closing adjustments were approximately $141 million, which cash was retained by seller and used to fund distributions to shareholders, operating expenses of the Company and to provide a reserve for contingent liabilities and expenses. On November 16, 2006 an initial liquidating cash distribution in the amount of $3.50 per share was paid to shareholders of record as of November 10, 2006. On December 18, 2006, a second liquidating cash distribution of $1.75 per share was paid to shareholders of record as of December 11, 2006. The Board directed the Trustee of the AMV Liquidating Trust (the "Trust") to pay an additional amount of $0.40 per share in March 2007 to record holders of beneficial interest in the Trust. The payment of a liquidating distribution in March 2007 is contingent on the absence of the initiation or threat of any claim or cause of action against the Company, which the Trustee, in its sole discretion, determines to necessitate the retention of such funds. The final day for trading in AmeriVest common stock on the American Stock Exchange was December 27, 2006. Following the close of trading on that day, the Company closed its transfer books and all remaining assets and liabilities were transferred to the Trust in accordance with the plan of liquidation approved by the Company's shareholders in May 2006. As part of the transfer, each AMV shareholder of record on December 27, 2006 has automatically become the holder of one unit of beneficial interest in the Trust for each share of AMV common stock, and all outstanding shares of AMV common stock have automatically been deemed canceled. Subject to limited exceptions related to transfer by will, intestate succession or operation of law, units in the Trust will not be transferable nor will a unit holder have authority, opportunity or power to sell or in any other manner dispose of any units. As a result, the beneficial interests in the Trust are not listed on any securities exchange or quoted on any automated quotation system of a registered securities association. The Company has requested that the staff of the Securities and Exchange Commission permit the Trust to file abbreviated reports with the SEC in the form in which the Trust will report periodically to its beneficiaries, in lieu of filing the periodic reports that would be required to be filed with the SEC under Section 13 of the Securities Exchange Act of 1934. The Company selected Cloyses Partners, LLC of Denver as Liquidating Trustee of the Trust. Updates on the Trust will be available on this website: www.amvproperties.com. There can be no assurance with respect to the timing or amount of any distribution or distributions to be made by the Trust, nor that the Company will receive the requested relief from the SEC or any relief. All of the information contained on this website prior to December 28, 2006 relates to AmeriVest Properties Inc., the predecessor in interest to AMV Liquidating Trust and is provided as a courtesy. The Trustee of AMV Liquidating Trust assumes no responsibility for the accuracy of such information

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