NEWS

12/06/2002 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares
10/31/2002 Vornado's Board of Trustees declares an increased quarterly dividend on Common Shares of $.68 per share, (a new indicatedannual rate of $2.72).
10/31/2002 Vornado's operating results for quarter ended September 30th, 2002
10/11/2002 Vornado acquires 50% interest in the Monmouth Mall in New Jersey
09/23/2002 Vornado Increases its Interest in Las Catalinas Mall to 100%
09/06/2002 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares
08/07/2002 Vornado announces operating results for the quarter ended June 30, 2002
08/07/2002 Vornado to expense stock options beginning in 2003
07/26/2002 Vornado declares quarterly dividend on Common Shares of $.66 per share
07/02/2002 Vornado acquires Crystal City Office Building
07/01/2002 Vornado swaps fixed interest rate for LIBOR Based Rate
06/20/2002 Vornado announces offering of $500 Million of Senior Unsecured Notes
06/07/2002 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
05/01/2002 Vornado's operating results for quarter ended March 31, 2002.
04/30/2002 Vornado acquires Prime Group Units at foreclosure auction
04/26/2002 Vornado declares quarterly dividend on Common Shares of $.66 per share.
03/11/2002 Michael D. Fascitelli, President of Vornado, renews his employment agreement
03/11/2002 Vornado's operating results for the year ended December 31, 2001
03/08/2002 Vornado's Board of Trustees declares quarterly dividends on Preferred Shares.
03/07/2002 Vornado to acquire Crystal City office building
02/26/2002 Vornado to sell 1.4 million shares to Unit Investment Trusts
02/05/2002 Vornado Realty Trust names Sandeep Mathrani
01/25/2002 Vornado declares quarterly dividend on Common Shares of $.66 per share.
01/03/2002 Vornado and Charles E. Smith Commercial Realty complete their previously announced combination.