FOR IMMEDIATE RELEASE

MMPI ANNOUNCES APPAREL MARKET AND EVENT DATES FOR 2005

CHICAGO, IL (Aug. 11, 2004) — Merchandise Mart Properties, Inc. (MMPI) is pleased to announce the 2005 dates for all apparel-related markets and events. This schedule is current as of release date. This listing confirms The Merchandise Mart’s valuable position in the apparel industry and reiterates its presence as a vital resource for both exhibitors and attendees alike.

NATIONAL BRIDAL MARKET™ CHICAGO

The National Bridal Market™ is the industry's undeniable leader for the most extensive selection of bridal resources in the country. Held conveniently in the newly expanded 8th floor Market Suites of The Merchandise Mart, spanning two city blocks, the market attracts buyers from all 50 states, Puerto Rico, Canada and Europe. Participants will enjoy seminars, networking events, cafés and market parties all in one amazing location. The annual Distinctive Excellence in the Bridal Industry (DEBI) Awards®, which are regarded as the highest honor recognizing excellence in design and manufacturing in the bridal industry, once again will be held in conjunction with The National Bridal Market Chicago.

CHICAGO MEN’S WEAR COLLECTIVE™

The Chicago Men’s Wear Collective™ is the finest and most upscale men’s show in the country, attracting the best men’s specialty stores from the greater Midwest area and from across the nation. Buyers love the service and the one-on-one working environment. The show features more than 400 lines – from traditional to contemporary, from tailored to casual. It is everything necessary for the next season’s selection all on one show floor. The Chicago Men’s Wear Collective will be located on the newly renovated 8th floor. In addition, the Big and Tall Associates (BATA) show will run concurrently with the collective on the 8th floor.

PULSE™

Geared toward hip-hop, street, board sports, urban and contemporary clothing and accessories, Pulse™ is the pre-eminent Midwest trade show for urban wear, held four times annually in The Chicago Merchandise Mart’s 8th floor Market Suites. The show features the leading young men’s, urban, street wear, denim, club wear, board sports, urban dress-up, casual and contemporary lines. Pulse is the place to be to capture the urban, denim and street markets.

WOMEN’S AND CHILDREN’S MARKET™

A new year means new style, and the Women’s and Children’s Market™ will help buyers fill their stores with the latest women’s and children’s apparel and accessory resources for the next season. Buyers can discover the hottest product mix for their stores, attend market extras like dynamic fashion shows and review enlightening trend reports that will always keep them in style and a step ahead.

STYLEMAX™

More than 4,000 women’s apparel and accessory resources will be featured in more than 200,000 square feet during Stylemax™, which will be held on the 8th floor of The Merchandise Mart in Chicago. Features will include a comprehensive collection of women's apparel and accessories on one easy-to-shop, state-of-the-art show floor, along with innovative fashion events and informative presentations.

For more information on all of these events, please call 800.677.6278 (MART) or visit www.merchandisemart.com.

MEDIA INQUIRIES ONLY:

Nicole Serr

Public Relations Associate

Merchandise Mart Properties, Inc.

Phone: 312.527.7841

nserr@mmart.com

The National Bridal Market, Chicago Men’s Collective, Pulse, Women’s and Children’s Market and Stylemax are trademarks of Merchandise Mart Properties, Inc. (MMPI).

Merchandise Mart Properties, Inc. (MMPI) is a trade show and property management firm, specializing in managing buildings devoted to wholesale showrooms and commercial office space. MMPI produces more than 300 trade shows, market events and conferences each year.

MMPI manages The Merchandise Mart, Chicago Apparel Center, and 33 North Dearborn in Chicago; Market Square, the Suites at Market Square, Hamilton Market, Plaza Suites, Furniture Plaza and the National Furniture Mart in High Point, N.C.; the Architects & Designers Building in New York; the L.A. Mart in Los Angeles; and the Washington Design Center and Washington Office Center in Washington, D.C.

Vornado Realty Trust, owner of MMPI, based in New York City, is a fully integrated equity real estate investment trust. Vornado’s common shares are listed on the New York Stock Exchange and are traded under the symbol VNO.

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