VORNADO COMPANY PROFILE

Vornado Realty Trust is a fully-integrated real estate investment trust. The Company owns all or portions of:

Office Properties: • In Midtown - 28 office properties aggregating 17.4 million square feet; • In the Washington, DC/Northern Virginia area - 74 office properties containing 18.0 million square feet and seven residential properties containing 2,424 units; • In San Francisco’s financial district - a 70% controlling interest in 555 California Street, a three-building complex aggregating 1.8 million square feet known as Bank of America Center;

Retail Properties: • In Manhattan, 24 retail properties aggregating over 1.9 million square feet (including 800,000 square feet reported in the Office segment);

• 137 strip shopping centers, regional malls, and single tenant retail assets, primarily in the northeast states, California and Puerto Rico aggregating 24.5 million square feet;

Merchandise Mart Properties: • 6.9 million square feet of showroom and office space including the 3.5 million square foot Merchandise Mart in ;

Other Real Estate Investments: • A 32.4% interest in Alexander’s Inc. (NYSE:ALX) which owns seven properties in the New York metropolitan area including , the 1.3 million square foot Bloomberg headquarters building; • The 1,700 room in Manhattan; • A 32.7% interest in Toys “R” Us, Inc.; • A 9.9% economic interest in JC Penney Company, Inc. (NYSE:JCP); • A 25.0% interest in our $800 million real estate investment fund in which we are the general partner and investment manager; and • Other real estate and investments including marketable securities and mezzanine loans on real estate, including a 26.2% equity interest in LNR Property Corporation, an industry leading servicer and special servicer of commercial mortgage loans and CMBS, and a diversified real estate, investment and finance company.

Vornado’s common shares are listed on the and are traded under the symbol: VNO.