INNOVATIVE, NEW CONTRACT, RESIDENTIAL PRODUCTS DEBUTING

DURING 2007 NEOCON® WORLD’S TRADE FAIR AT THE MERCHANDISE MART

Over 410 New Cutting-Edge Products from more than 215 Companies in Twelve Categories on Display at

World’s Largest Contract Furnishings Show

CHICAGO (June 11, 2007) – The 39th annual NeoCon® World’s Trade Fair, North America’s largest commercial interior design show and conference, returns to The Merchandise Mart in Chicago, Monday, June 11 through Wednesday, June 13, 2007. NeoCon showcases the latest trends and innovative products for the office, health care, hospitality, residential retail and governmental environments.

During NeoCon, exhibitors from around the world will showcase cutting-edge products, setting the precedent for the contract furnishings industry. The Designer products in twelve categories that will premiere at NeoCon include:

Seating – Lounge:

Seating – Office:

Office Systems/ Case Goods:

Furniture:

Flooring/ Laminates:

Floor Coverings:

Decorative Accessories/ Accents/ Artwork

Lighting:

Technology & Technology Support

Textiles:

Walls & Wallcoverings

Miscellaneous:

For more information about NewCon World’s Trade Fair 2007, please visit www.merchandisemart.com or call 800.677.6278 (MART).

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 yet.

MMPI manages The Merchandise Mart and 350 West mar Center 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 and 7 W New York in New York; the Boston Design Center in Boston; the L.A. Mart in Los Angeles; and the Washington Design Center and Federal Center Southwest in Washington D.C.

Vornado Realty Trust, owners 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.

###

MEDIA CONTACT:

Maura Bruton

Director of Public Relations

Merchandise Mart Properties, Inc.

(312) 527.7555

mbruton@mmart.com