AZL Arizona Land Income Corp

Arizona Land Income Corp. (AMEX: AZL), an independent real estate investment trust (REIT), today declared a regular quarterly dividend. The regular quarterly dividend of $.10 per share will be payable April 14, 2006, to shareholders of record March 31, 2006. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements contained in this release except for historical information are forward-looking statements that are based on current expectations and involve risks and uncertainties. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. The risks and uncertainties inherent in such statements may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. Important factors that may cause a difference between projected and actual results for the company are discussed in the company's filings from time to time with the U.S. Securities and Exchange Commission, including but not limited to the company's annual reports on Form 10-KSB, subsequent quarterly filings on Form 10-QSB and current reports on Form 8-K. The company disclaims any obligation to revise or update any forward-looking statements that may be made from time to time by it or on its behalf.