LEADING SALES ORGANIZATION ROGER WILSON & ASSOCIATES

OPENS 5,000-SQUARE-FOOT SHOWROOM AT THE L.A. MART®

Well-known general gift firm rejoins the L.A. Mart lineup of

prominent tenants; showroom opened for July 2005 Gift & Home Furnishings Market

LOS ANGELES (Aug. 15, 2005) -- The L.A. Mart,® the West Coast’s premier market center for gifts, decorative accessories, trend and lifestyle products and home furnishings welcomes back well-known sales organization Roger Wilson & Associates as a showroom tenant after the company’s brief stay at the California Market Center. The company’s brand new 5,000-square-foot showroom in Suite 410 on the 4th floor debuted at the July 2005 Gift & Home Furnishings Market, July 19-26.

“For three decades, Roger Wilson & Associates has been celebrated as a leading resource for high-turning, profitable giftware,” said Gerry Seibel, vice president and general manager, L.A. Mart. “We are delighted to once again have them on our roster of prestigious tenants serving the retail community.”

Kyle Rysavy, president of Roger Wilson & Associates, echoes Seibel’s sentiments. “We’re so happy to come home!” Founded in 1975, Roger Wilson & Associates’ major lines include: Glass Baron, Country Artists, U.S. Playing Cards and Burnes of Boston.

For additional information on Roger Wilson & Associates, call 213-746-1190 or e-mail rwareps@aol.com.

For more information on the Gift & Home Furnishings Market at the L.A. Mart, visit www.lamart.com and click on “L.A. Mart” under “properties” or call 800.LAMART.4.

ABOUT L.A. MART

The L.A. Mart is the pre-eminent center for gift and home furnishings products in the Western United States. With nearly 300 showrooms encompassing 724,000 square feet of showroom space, the L.A. Mart is dedicated to showcasing a wide array of lifestyle merchandise including gifts, fine furniture and home décor, decorative accessories, tabletop, stationery, collectibles, holiday ideas, gourmet foods, floral, linens, paper products, bath & body items, apparel, children's giftware and handcrafted products.

The L.A. Mart is centrally located in the heart of the Furniture & Decorative Arts District at 1933 South Broadway, Los Angeles, Calif., 90007, at the corner of Broadway and Washington Boulevard.

The L.A. Mart is a registered trademark of MMPI. The Gift & Home Furnishings Market is a trademark of MMPI.

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 W. 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 INQUIRIES ONLY:

Joanna Mineau

Managing Director of Public Relations

Merchandise Mart Properties, Inc. (MMPI)

Phone: 312.527.7074

E-mail: jmineau@mmart.com

Debra Gold

Gold & Company

Phone: 818.567.4653

E-mail: lamart@goldsco.com

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