NEWS

12/16/1999 Vornado acquires for $37.3 million, GreenPoint Financial Corp.'s 99-year leasehold interest in approximately 56,000 square feet.
12/10/1999 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
11/29/1999 Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, sold $187 million 8.25% Series D-5 Cumulative Redeemable Preferred Units.
11/04/1999 Vornado's operating results for the nine months ended September 30, 1999.
11/01/1999 Vornado's Board of Trustees declares an increased quarterly dividend on Common Shares of $.48 per share, (a new indicated annual rate of $1.92).
10/19/1999 Vornado agreed to lend $50 million to Alexander's ,Inc.
09/16/1999 Vornado acquires 595 Madison Avenue (The Fuller Building), a 40 story Manhattan retail and office building, for approximately $125 million.
09/10/1999 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
09/07/1999 Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, sold an aggregate of $325 million of 8.25% Series D-3 and D-4 Cumulative Redeemable Preferred Units.
08/18/1999 Vornado entered into an agreement to acquire 595 Madison Avenue (The Fuller Building).
08/06/1999 Vornado increased its interest in the Hotel Pennsylvania to 100%.
08/05/1999 Vornado's operating results for the six months ended June 30, 1999.
07/30/1999 Vornado's Board of Trustees declares a quarterly dividend on Common Shares of $.44 per share.
07/22/1999 Vornado acquired the leasehold interest in 909 Third Avenue, a 33 story Manhattan office building, for approximately $123 million.Vornado Completes Acquisition of Broadway Mall In Hicksville, Long Island, NY
06/11/1999 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
05/20/1999 Vornado announced that the underwriters of the 8.5% Series C Cumulative Redeemable Preferred Stock offering exercised their over-allotment option.
05/17/1999 Vornado completed a public offering of four million perpetual 8.5% Series C Cumulative Redeemable Preferred Shares, at a price of $25.00 per share.
05/06/1999 Vornado's operating results for the three months ended March 31, 1999.
04/30/1999 Vornado's Board of Trustees declares a quarterly dividend on Common Shares of $.44 per share.
03/22/1999 Vornado announced that the underwriters of the Series B Cumulative Redeemable Preferred Stock offering exercised their over-allotment option.
03/15/1999 Vornado completed a public offering of three million perpetual 8.5% Series B Cumulative Redeemable Preferred Shares, at a price of $25.00 per share.
03/12/1999 Vornado's Board of Trustees declares a quarterly dividend on Preferred Shares.
03/04/1999 Vornado made an additional $242 million investment in Charles E. Smith Commercial Realty L.P.
03/04/1999 Vornado's operating results for the year ended December 31, 1998.
01/29/1999 Vornado's Board of Trustees declares a quarterly dividend on Common Shares of $.44 per share.
01/13/1999 Vornado acquired the long-term leasehold interest in 888 Seventh Avenue, an 847,000 square foot Manhattan office building, for $100 million.