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                                                                      EXHIBIT 10





CONTACT: River Oaks Partnership Services, Inc.
         (888) 349-2005 (toll free)

FOR IMMEDIATE RELEASE

         DENVER, COLORADO, September 27, 2001. As previously announced, AIMCO
Properties, L.P. is tendering for units of limited partnership interest in
Winthrop Growth Investors I Limited Partnership, subject to the terms of its
Offer to Purchase, as supplemented. AIMCO Properties, L.P. has extended the
expiration time of its offer. The expiration time for the tender offer has been
extended by seven hours to midnight, Eastern time, on Friday, September 28,
2001. The offer was previously scheduled to expire at 5:00 p.m., Eastern time,
on September 28, 2001.

         AIMCO Properties, L.P. reported, based on information provided by the
Information Agent for the offer, that as of the close of business on September
26, 2001 approximately 147 units (or 0.57% of the units outstanding) had been
tendered pursuant to the offer.

         For further information, please contact River Oaks Partnership
Services, Inc. at (888) 349-2005 (toll free), which is acting as the Information
Agent for the offer.