VORNADO GETS $124M IN SETTLEMENT OF STOP & SHOP LITIGATION

(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.) 
February 6, 2013 
Vornado Receives $124 Million in Settlement of Stop & Shop
Litigation 
PARAMUS, NEW JERSEY....Vornado Realty Trust (NYSE:VNO), today
announced that it has received $124 million pursuant to a
settlement agreement with Stop & Shop for its claim
under a 1992 Agreement which provided for annual rent of $6
million for a period potentially through 2031. The settlement
terminates Vornado’s right to receive this rent under the 1992
Agreement and ends litigation between the parties which started
ten years ago. 
In prior years, Vornado recognized $48 million of rental income
under the Agreement. This settlement, net of expenses, will
result in Vornado recognizing $59 million of income in the first
quarter of 2013. 
Vornado Realty Trust is a fully-integrated equity real estate
investment trust. Certain statements contained herein may
constitute “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, risks associated
with the timing of and costs associated with property
improvements, financing commitments and general competitive
factors. 
CONTACT:
JOSEPH MACNOW
(201) 587-1000 
(bjh) NY 
#<873920.660640.3.4.0.0.76>#
 
 
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