MMPI SAYS “SHOP MORE, WALK LESS” WITH GO ANYWHERE TRANSPORTATION

Free, Easy, For Anyone Transportation at Market Everyday

HIGH POINT, N.C. (Oct. 10, 2005) – Merchandise Mart Properties, Inc. (MMPI) announces Go Anywhere vehicles will be available at the upcoming Fall Market, Oct. 20-26, 2005, to service all attendees, offering transportation to the showrooms, various locations in High Point, Piedmont Triad International Airport and area hotels. Attendees can request the Go Anywhere Transportation Fleet at the reception desk at any one of MMPI’s six buildings; Historic Market Square, Suites at Market Square, Plaza Suites, National Furniture Mart, Furniture Plaza and Hamilton Market.

“We are always looking for ways to make the market as convenient as possible,” said Tom Mitchell, senior vice president, High Point, MMPI. “We hope this new service proves valuable to all our market guests.”

The Go Anywhere Transportation Fleet is also supported by the new $4.1 million state-of-the-art transportation hub that will open in time for the October Market. Located on Commerce Street between the International Home Furnishings Center (IHFC) and SHOWPLACE, the Market Authority Xpress (MAX) was designed to move people quickly and efficiently around the Market and outlying areas with three bus lanes, 20 buses continuously traveling 13 routes, and an information kiosk listing arrival and departure times. Visit www.highpointmarket.org for the complete schedule.

The International Home Furnishings Market seven-day event, Oct. 20-26, encompasses 12 million square feet and draws more than 80,000 attendees from more than 60 channels of distribution, such as home furnishings dealers, department stores, specialty stores, catalog companies, discount/mass merchandisers and regional chain stores.

For more information please visit www.merchandisemart.com or call 800.677.MART (6278).

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 real estate investment trust. Vornado’s common shares are listed on the New York Stock Exchange and are traded under the symbol VNO.

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

MEDIA INQUIRIES ONLY:

Jackie Paulsen

Director of Public Relations

Merchandise Mart Properties, Inc.

Phone: 312.527.7555

E-mail: jpaulsen@mmart.com

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