Arizona Land Income Corp ... AZL (AZL)

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May 16, 2007 - 1:52 PM EDT

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AZL 7.50 -0.29

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Arizona Land Income Corporation Reports First Quarter Earnings
Arizona Land Income Corporation (AMEX: AZL), an independent real estate investment trust (REIT), today announced earnings for the three-month period ending March 31, 2007.

For the operating period of January 1 through March 31, 2007, the Company had total income of approximately $72,000 compared to approximately $113,000 for the quarter ended March 31, 2006. The Company reported a net loss of approximately $79,000 or ($0.04) per share for the period ended March 31, 2007, compared to net income of approximately $84,000 or $0.05 per share for the quarter ended March 31, 2006.

Arizona Land Income Corporation
Thomas R. Hislop, 602-952-6824
Deanna Barela, 602-952-6821



Source: Business Wire (May 16, 2007 - 1:52 PM EDT)

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