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VORNADO BOOSTS QTR DIV TO 73C/SHARE FROM 69C


(The following is a reformatted version of a press release issued by Vornado Realty Trust and received via electronic mail. The release was confirmed by the sender.)

210 Route 4 East Paramus, NJ 07652

IMMEDIATE RELEASE - January 17, 2013

Vornado Declares an Increased Quarterly Common Dividend of $.73 per Share, a New Indicated Annual Rate of $2.92

PARAMUS, NEW JERSEY,...Vornado Realty Trust (NYSE:VNO), today announced that its Board of Trustees has declared a regular quarterly dividend at the increased rate of $.73 per share, a new indicated annual rate of $2.92. The former annual rate was $2.76 per share. The dividend will be payable on February 19, 2013 to shareholders of record on January 28, 2013.

Vornado Realty Trust is a fully-integrated equity real estate investment trust.

CONTACT: JOSEPH MACNOW (201) 587-1000

(kgt)NY

#<541848.1895494.2.3.0.0.76>#

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