X0202 4/A 2004-05-04 2004-05-06 0000911635 ASSOCIATED ESTATES REALTY CORP AEC 0000940542 FRIEDMAN JEFFREY I 5025 SWETLAND COURT CLEVELAND OH 44143 1 1 0 0 Chairman, President & CEO Common Shares, without par value 2004-05-04 4 P 0 400 7.90 A 599693 D Common Shares, without par value 2004-05-04 4 P 0 4600 8.05 A 604293 D Common Shares, without par value 374865 I By wife Common Shares, without par value 5309 I By children Suzanne K. Hanselman, Attorney-in-Fact 2004-05-05