HUNDREDS OF NEW PRODUCT INTRODUCTIONS DEBUT AT THE OCTOBER 2005 INTERNATIONAL HOME FURNISHINGS MARKET^® IN HIGH POINT, N.C., OCT. 20-26

Exhibitors across MMPI’s properties in High Point gear up for retailers to experience their

new offerings next month at the world’s largest home furnishings market

HIGH POINT (Sept. 12, 2005) -- Retailers attending the International Home Furnishings Market^® in High Point, N.C., Oct. 20-26, 2005, will find hundreds of new product introductions awaiting them in the world’s home furnishings capital.

“High Point is the largest home furnishings market in the world. Whether buyers are here for furniture, home accents, rugs, wall coverings or all of the above, they will find it in High Point, where the critical mass of product is here for all to see,” said Tom Mitchell, vice president and general manager, High Point, Merchandise Mart Properties, Inc. (MMPI). “All of the major furniture brands endorse High Point as the first place to make their product introductions. Their total lines will be showcased, and retailers will be able to see the incredible breadth and scope of products for the home not available anywhere else in the country.”

A sampling of new products being introduced by exhibitors in Historic Market Square, the Suites at Market Square, Plaza Suites, Furniture Plaza, National Furniture Mart and Hamilton Market include:

Artwork:

• Antiques by Zaar launches Contemporary Thai Art, which incorporates traditional Thai symbols into themes for paintings of acrylic on canvas, enhanced with gold leaf and textures. Each painting is a signed original. The company also introduces Colors by Zaar, taking traditional Chinese antique pieces and infusing them with a contemporary color palette. Colors include apple green, bone, butter, yellow, vibrant red and more.

Building: Market Square, 250

• Beljen Mills, Inc. premieres Arch with a View, an heirloom-quality tapestry with the look of a Tuscan landscape painting.

Building: Suites at Market Square, booth # M-1048

• Fabrice de Villeneuve unveils Art in Gigleé, limited-edition canvas oil paintings that mimic the masterpiece of the artist.

Building: Suites at Market Square, booth #M-910

• Gallery Gallery displays two new pieces of fine art: 3-D Doorways are unique photos of doorways cut into a 3-D image and Handcolored Deco are double-matted, framed artwork in either a melon or lemon finish.

Building: Suites at Market Square, booth #G-1216

• Home Collections, Inc. introduces Horse Flying Swallow, a museum-quality replica of the famous Han Dynasty sculpture and Wavy Bowl, a ceramic bowl characterized with a wavy rim.

Building: Suites at Market Square, booth #1-1218

• Needle Painting on Silk showcases framed pieces of silk fabric stitched with silk thread, creating a beautiful texture and dimensional artistic affect.

Building: Suites at Market Square, booth #1-1210

• Reynolda Art & Accent introduces Vision by Martin, hand-painted plexi products with

custom metal hardware.

Building: Market Square, M-71

Decorative Accessories:

• Acrylicore, Inc. offers a series of new collections in hand-painted wall sculptures and centerpieces made of cast acrylic.

Building: Plaza Suites, booth #2-509

• American Cottage debuts Hooked Pillows and Rugs: soft, down-filled, hand-hooked wool pillows in “American Cottage” colors that accessorize the company’s room-size rugs.

Building: Suites at Market Square, booth #1-1106

• Arabesque, Inc. features a new line of decorative bathroom accessories named Juvenile Bath Ensemble. The collection coordinates a decorative window shade, hand-painted hard cornice, towel set and non-skit bath mat.

Building: Suites at Market Square, booth #1-839

• Adorno Originals, Inc. displays a new Jewelry Box with Lock, a mahogany wood box adorned with a hand-embossed decorative tin or silver finish.

Building: Suites at Market Square, booth #1-740

• Archatrive introduces its new Layered Look decorative accessories. Multiple layers give these hand-painted and weathered accent pieces character and depth.

Building: Suites at Market Square, booth #M-744

• Bella Rose by Chateau introduces the Majestic Collection, a luxury line that includes accent pillows, decorative accessories and upscale, top-of-bed ensembles that display design excellence with an unsurpassable value.

Building: Suites at Market Square, booth #G-910

• Betsy Drake Interiors debuts the Coastal Collection of decorative pillows, a line that tracks a strong trend towards brightly colored, casual designs in home furnishings.

Building: Suites at Market Square, booth #M-1110

• CastAway Glass presents Faux Floral Arrangements; quality artificial flowers arranged in one-of-a-kind designs that feature beach glass on the bottom as a faux water setting.

Building: Suites at Market Square, booth #1-1311

• Cole River Co. debuts a selection of decorative accessories for fall.

Building: Suites at Market Square, booth #M-616

• Create It Decor reveals the Creative Window Cornice: full-fashion window cornices that require no sewing.

Building: Suites at Market Square, booth #1-741

• Chinawind USA will showcase OCH-4, a hand-woven decorative pillow featuring a pheasant design rendered in “French country” style.

Building: Suites at Market Square, booth #G-1200

• Cueros Latinos introduces its home accessories line of rugs, throws, cushions and drapes to the International Home Furnishings Market^® for the first time. These high-end products are made of real furs and leathers such as otter, fox, rabbit, goat, sheep, cowhide, colthide, alpaca and pig.

Building: Suites at Market Square, booth #1-1341

• E. Lawrence, Ltd. offers a new 15-volume collection of the finest European leather-bound books. The hand-selected assortment contains books in a mix of colors and sizes that date back to late 19^th century.

Building: Suites at Market Square, booth #M-1245

• Figlia Mia Ceramica debuts a line of Italian ceramics, ranging from traditional to never-before-seen pieces. The company also features a variety of gift items, such as picture frames, wintstoppers and jewelry boxes.

Building: Suites at Market Square, booth #1-636

• Front Porch Classics presents a game that doubles as a decorative accessory. In Old Century Raceway 57, players use dice and cards to move a die-cast metal racecar around a track while managing resources like fuel, suspension and tires. The company also introduces Bookshelf Chaturanga, a classic coffee-table game that combines the basic strategy of chess with the element of chance; it is beautifully designed to live in living rooms or dens.

Building: Suites at Market Square, booth #1-1207

• Godinger Silver Art showcases its Oversized Crystal Hurricanes, which are 24 percent lead crystal in various patterns.

Building; Suites at Market Square, booth #M-936

• Gorgeous Designs, Inc. premieres Peacock, Orange, Aileen, Flower, Circus, Ribbon and Gold. The seven new sets include vases, bowls and votives in distinct, colorful styles.

Building: Suites at Market Square, booth #M-1017

• Hickory Manor House has created several new decorative mirrors. The French Curve Mirror, Scalloped Mirror and Hand Painted Tulip Mirror are antique reproductions. The Ptolemy Mirror is an original design that comes in a number of finish options including Black Forest.

Building: Suites at Market Square, booth #G-716

• LABS, Inc. showcases a new item from Kathy Ireland Home by LABS, Inc. The roses and hydrangeas featured in a decorative brass container are a reflection of elegance.

Building: Suites at Market Square, booth #1-616

• Loose Ends, LLC presents Giant Deep Sea Clam Shell, a realistic-looking shell deep enough to hold ice and beverages.

Building: Suites at Market Square, booth #M-900

• Lotte Lamps debuts in High Point, bringing a product line of mid-century, Danish modern table lamps, produce in fine stoneware bases and uniquely wound fiberglass lampshades. This U.S.-produced line includes 15 shapes, each available in 13 colors, and has been in continuous production since 1954.

Building: Suites at Market Square, booth #1-1010

• Natural Inspirations introduces Modern Candle, a contemporary line of lanterns and shades made out of wax in trendy new colors.

Building: Suites at Market Square, booth #1-1206

• Nextime premieres Plug Inn Numbers, a metal wall clock available in green, purple, silver, black and red.

Building: Suites at Market Square, booth #1-1352

• Not So Perfect Tins, LLC presents Ceiling Tin Picture Frames: ceiling tins reproduced into frames and wall décor for the home.

Building: Suites at Market Square, booth #1-900

• Old World Design offers several new products such as hand-painted Translucent Gold Bowls, Fleur de Lis Antiqued Mirror with a bronze finish and New Orleans Inspired Fireplace Screen.

Building: Suites at Market Square, booth #G-902

• Oriental Accent, Inc. unveils the Oscar de la Renta Home Collection, which are clean, traditional decorative accessories with the mark of Mr. de la Renta’s expertise.

Building: Market Square, G-81

• Red Tree introduces the Candle Light Chandeliers, real candles illuminated by a low-wattage light bulb, but not a flame.

Building: Suites at Market Square, booth #G-928

• Regina Andrew Design reveals a new line of decorative accessories composed of coral pieces.

Building: Suites at Market Square, booth #G-946

• Rustic Art, Inc. introduces Bean Bench, Trellis Bench and the Lattice Arch, which are wrought-iron benches and trellis archways imported from Mexico and available in antique white or green, rust or black.

Building: Suites at Market Square, booth 1-1140

• Salle International showcases Architectural Tin Plaques and Shelves along with Metal Wall Décor. The lightweight aluminum and steel wall décor is hand-finished in 12 different colors.

Building: Suites at Market Square, booth #1-1307

• Shine Lamps launches its entire collection of high-end, luxury table lamps.

Building: Suites at Market Square, booth #1-1119

• Susan Goldstick debuts Handles, sensational pulls for kitchens, baths, furniture and more. Available in 3”- and 4”-spreads, these new cabinet handles coordinate with some of the company’s most popular knob styles to offer more versatility and the ultimate imaginative design.

Building: Suites at Market Square, booth #G-741

• Vintage Verandah reveals 56 new lamps and decorative accessories in a variety of styles and designs. The Domino Table Lamp, Ursula Table Lamp, Trilogy Table lamp, Trilogy Candleholder Set and Coco Table Lamp are among the new lighting products that will be featured from The Elite Collection.

Building: Market Square – Ground Level, MSG-19

• Whoa presents a charming old-world, three-tiered server.

Building: Suites at Market Square, booth # G-610

NEW PRODUCT IMAGES AVAILABLE TO THE MEDIA!

Several high-resolution new product images are available to the media in alphabetical order by company name. To download images, please visit ftp://logs.mmart.com/High_Point/, which is an FTP site specifically designed for the media’s ease and convenience. The user name is MMPIguest and the password is PR0905.

For more information, please visit www.merchandisemart.com or call 336.821.1500. Save the dates for future International Home Furnishings Markets in High Point, N.C.:

• April 27-May 3, 2006

• Oct. 19-25, 2006

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

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 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 ONLY:

Jackie Paulsen, Director of Public Relations

Merchandise Mart Properties, Inc.

Phone: 312-527-7555

E-mail: jpaulsen@mmart.com

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