(NYSE Amex: NLP) - NTS Realty Holdings Limited Partnership (the "Company") announced that it intends to file its Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2009 with the Securities and Exchange Commission (the "Commission") today. The Quarterly Report will contain earnings information for the Company for the three and nine months ended September 30, 2009. A copy of the Quarterly Report will be available on the Company's website at http://www.ntsdevelopment.com under the heading "Investor Relations" and from the Commission's website at http://sec.gov.

Contact:
Gregory A. Wells
Executive Vice President and CFO
10172 Linn Station Road
Louisville, Kentucky 40223
(502) 426-4800