NEW BUYERS’ LOUNGE IN HIGH POINT, N.C. OFFERS WIFI SERVICE AND MUCH MORE

HIGH POINT, N.C. (Oct. 10, 2005) – Buyers traveling to the High Point International Home Furnishings Market® Oct. 20-26, 2005, can stay in touch with colleagues, business associates and those back home thanks to the full-service Buyers’ Lounge now in place.

The Buyers’ Lounge, conveniently located in the 200 block of S. Main St. on the first floor between Furniture Plaza and Plaza Suites, is open from 9 a.m. to 5 p.m. daily for all buyers. The comfortable environment offers computers, printers, Internet access, plenty of seating, and even a conference room large enough for 10 people. The Lounge also offers complimentary breakfast and lunch, as well as beverages and refreshments throughout the day.

“We will continually improve our facilities to make it easy for retailers to conduct business while they are in High Point,” said Tom Mitchell, general manager/senior vice president, High Point, Merchandise Mart Properties, Inc. (MMPI).

NEW: WIFI ACCESS IN MMPI’S PLAZA SUITES AND THE SUITES AT MARKET SQUARE

In addition to the fully functional desktop computers with Internet access in the Buyers’ Lounge, MMPI also will have the added convenience of remote wireless access for laptop computers in Plaza Suites and the Suites at Market Square. This new feature is perfect for those attendees that are on the run and need to work from their laptop files.

The International Home Furnishings Market’s seven-day event encompasses 12 million square feet and draws more than 80,000 attendees from more than 60 channels of distribution, such as home furnishings dealers, department stores, specialty stores, catalog companies, discount/mass merchandisers and regional chain stores.

For more details, please visit www.merchandisemart.com or call 800.677.MART (6278).

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, 350 West Mart 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 and 7 W New York 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 real estate investment trust. Vornado’s common shares are listed on the New York Stock Exchange and are traded under the symbol VNO.

The International Home Furnishings Market is a registered trademark of the International Home Furnishings Market Authority.

MEDIA INQUIRIES ONLY:

Jackie Paulsen

Director of Public Relations

Merchandise Mart Properties, Inc.

Phone: 312.527.7555

E-mail: jpaulsen@mmart.com

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