NEWS

12/08/2000 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares
11/02/2000 Vornado's operating results for quarter ended September 30, 2000.
11/01/2000 Vornado acquires 7 West 34th Street, a 450,000 square foot Manhattan office building for approximately $128 million.
10/27/2000 Vornado's Board of Trustees declares an increased quarterly dividend on Common Shares of $.53 per share, (a new indicated annual rate of $2.12).
10/19/2000 Vornado agreed to acquire 7 West 34th Street.
10/02/2000 Vornado acquires The L.A. Gift and Furniture Mart, a 720,000 square foot building in Los Angeles, and its 9.3 acre site for approximately $54 million.
09/28/2000 Vornado lent $62 million to Primestone Investment Partners, L.P.
09/08/2000 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares
08/30/2000 Vornado entered into an agreement to acquire The L.A. Gift and Furniture Mart.
08/02/2000 Vornado's operating results for quarter ended June 30, 2000.
07/28/2000 Vornado declares quarterly dividend on Common Shares of $.48 per share.
06/09/2000 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
05/26/2000 Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, sold $180 million 8.25% Series D-7 Cumulative Redeemable Preferred Units.
05/04/2000 Vornado's operating results for quarter ended March 31, 2000.
04/28/2000 Vornado declares quarterly dividend on Common Shares of $.48 per share.
03/22/2000 Vornado's renews its $1 billion unsecured revolving credit facility for three years.
03/10/2000 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
03/06/2000 Vornado's operating results for the year ended December 31,1999.
03/06/2000 Vornado sold its three Texas shopping center properties, containing approximately 221,000 square feet, for $25 million.
03/02/2000 Vornado completed a $500 million private placement of 10-year fixed rate mortgage notes cross-collateralized by 42 of its shopping center properties.
01/28/2000 Vornado's Board of Trustees declares a quarterly dividend on Common Shares of $.48 per share.
01/27/2000 Vornado named Melvyn H. Blum Executive Vice President - Vornado Realty Trust and President of Vornado Development, effective immediately.