EXHIBIT 99(a)(6) FOR IMMEDIATE RELEASE June 14, 2001 Contact: Eggert Dagbjartsson Equity Resources Group, Inc. 14 Story Street Cambridge, Massachusetts 02138 Telephone: (617) 876-4800 FOR IMMEDIATE RELEASE Equity Resource Lexington Fund Limited Partnership announced today that it has increased the purchase price of its tender offer to purchase up to 2,280 units of limited partnership interests, or LP Units, in Urban Improvement Fund Limited 1974 to $210 per unit in cash and that it has extended the tender offer until 12:00 midnight, Eastern time, on Monday, June 28, 2001. The terms of the increased offer are otherwise identical to the terms of the original offer made to holders of LP Units on May 25, 2001.