News Releases

 
NYSE to Suspend Trading in the Series A Convertible Preferred Shares of beneficial interest of Vornado Realty Trust
Moves to Remove from the List

NEW YORK, March 25, 2013 – The New York Stock Exchange (“NYSE”) announced today that the staff of NYSE Regulation, Inc. (“NYSE Regulation”) has determined to commence proceedings to delist the Series A Convertible Preferred Shares of beneficial interest (“Preferred Stock”) of Vornado Realty Trust (the “Company”) -- ticker symbol VNO PR A -- from the NYSE.  Trading in the Company’s Preferred Stock will be suspended prior to the opening of trading on March 26, 2013. 

NYSE Regulation has determined that the Preferred Stock is no longer suitable for listing because it does not meet the minimum continued listing distribution requirement of 100,000 publicly held shares outstanding as set forth in Section 802.01 of the NYSE Listed Company Manual.

The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation.  Application to the Securities and Exchange Commission to delist the issue is pending the completion of applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Company contact:
Joseph Macnow
Executive Vice President and Chief Financial Officer
Vornado Realty Trust
(201) 587-1000



See Section 802.00 of the NYSE Listed Company Manual for continued listing criteria and procedure for delisting