Alexander’s Declares Quarterly $2.75 Dividend on Common Shares

  Alexander’s Declares Quarterly $2.75 Dividend on Common Shares

Business Wire

PARAMUS, N.J. -- May 2, 2013

Alexander’s, Inc. (NYSE: ALX) today announced that its Board of Directors has
declared a regular quarterly dividend of $2.75per share payable May23, 2013
to stockholders of record on May 13, 2013.

Alexander’s, Inc. is a real estate investment trust that has sixproperties in
the greater NewYork City metropolitan area.

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:

Alexander’s, Inc.
Joseph Macnow, 201-587-8541