HIGH POINT IS THE LEADING MARKETPLACE FOR NEW

BEDROOM FURNITURE PRODUCT INTRODUCTIONS

Manufacturers to debut new lines at the October 2005 International Home Furnishings Market,®

Oct. 20-26, 2005

HIGH POINT (Sept. 16, 2005) – Retailers attending the International Home Furnishings Market® in High Point, N.C., Oct. 20-26, 2005, will find scores of new bedroom furniture product introductions awaiting them in the world’s home furnishings capital.

“The most bedroom introductions are made in High Point, and that historical trend just keeps expanding," said Tom Mitchell, senior vice president, High Point, Merchandise Mart Properties, Inc. (MMPI).

The following is a sample of new bedroom furniture products that will debut in October:

Building: Plaza Suites, booth #2-523

Building: Suites at Market Square, booth #1-1008

Building: Suites at Market Square, booth #M1142

Building: Suites at Market Square, booth # M-628

Building: Plaza Suites, booth #2-313

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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