PARAMUS, NEW JERSEY……VORNADO REALTY TRUST (NYSE:VNO) today announced that its Board of Trustees has declared the following quarterly preferred dividends:

Series A Convertible $   .8125000 per share
Series E Cumulative Redeemable $   .4375000 per share
Series F and H Cumulative Redeemable $   .4218750 per share
Series G and I Cumulative Redeemable $   .4140625 per share
Series J Cumulative Redeemable $   .3389757 per share

      The Series J dividend represents a pro-ration of the quarterly dividend of $.4296875 for the period from April 20, 2011 (the initial settlement date of the series) to June 30, 2011.

      In each case, dividends are payable on July 1, 2011 to shareholders of record on June 15, 2011.

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

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