SPRING CHICAGO GIFT & HOME MARKET RETURNS TO THE MERCHANDISE MART, MARCH 19-21, 2005

CHICAGO (Nov. 24, 2004) -- Merchandise Mart Properties, Inc. (MMPI) presents the Spring Chicago Gift & Home Market, the perfect source for gift and home accessories and garden resources, March 19-21, 2005. The show spans four full floors of The Merchandise Mart (12, 13, 14 and 15) offering the most popular gift and home products from 9-5 p.m. each day.

Buyers will discover the widest selection of best sellers and new resources from industry leaders of gift and home accents, collectibles, gourmet, stationery, floral, bath and body, linens and more. The Spring Market offers abundant resources, while giving buyers the opportunity to network with key representatives and manufacturers.

The Spring Gift Market runs in conjunction with STYLEMAX, a semi-annual women's and children's apparel and accessory trade show. STYLEMAX provides gift buyers the opportunity to shop a wealth of resources from March 19-22, 2005.

"The Chicago Gift & Home Market is recognized as the largest collection of gift resources because it has so much to offer from the latest in home accessories and accent furnishings to complete the look of any room, to the most popular kitchen and housewares products that are a hit with gift and home retailers and customers,” said Megy Karydes, director of marketing for the Chicago Gift & Home Market, MMPI. “The Spring Market is exceptional by also offering the added resources provided at STYLEMAX.”

OPENING NIGHT PARTY

Saturday, March 19

5:15–6:15 p.m.

Bob Chinn's, located at 315 N. LaSalle St.

Connect with your peers and unwind after a long day of shopping with complimentary cocktails and appetizers during “happy hour” at one of Chicago's popular eateries. Market badges required for admission.

REGISTRATION

Attendees can register in advance by visiting www.merchandisemart.com, finding the Chicago Gift & Home Market link and clicking on the registration button. After filling out a simple electronic form, attendees can print a barcode that can be scanned at the Market to receive their badge, making registration fast and easy.

MAKING TRAVEL ARRANGEMENTS IS EASIER THAN EVER

MMPI and the Chicago Gift & Home Market are pleased to offer low hotel rates for visiting buyers and showroom representatives during the Spring 2005 Market. Market-goers can make all of their travel arrangements through Mart Travel Services. Attendees should book early for the best possible rates.

SAVE THE DATE

January Chicago Gift & Home Market

Permanent Showrooms on floors 12, 13, 14 and 15: Jan. 19-26, 2005

Temporary Exhibitors, including Beckman’s Handcrafted Gift Show Chicago

on floors 7 and 8: Jan. 22-25, 2005

July Chicago Gift & Home Market

Permanent Showrooms on Floors 12, 13, 14 and 15: July 20-27, 2005

Temporary Exhibitors, including Beckman’s Handcrafted Gift Show Chicago

on floors 7 and 8: July 23-26, 2005

Fall Chicago Gift & Home Market

Sept. 14-16, 2005

Permanent Showrooms on floors 12, 13, 14 and 15

For more information about the Chicago Gift & Home Market, please call 800.677.6278 or visit www.merchandisemart.com.

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, Chicago Apparel 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. 34th Street in New York City; 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

Director of Public Relations

Merchandise Mart Properties, Inc.

312.527.7074

jmineau@mmart.com

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