QUANTUMONLINE.COM SECURITY DESCRIPTION:  Vornado Realty Trust, $3.25 Series A Convertible Preferred Shares of Beneficial Interest, liquidation preference $50 per share, redeemable at the issuer's option on or after 4/01/2001 for common shares at 0.68728 common shares per preferred share under specific circumstances, and with no stated maturity. Distributions of $3.25 (6.5%) per annum are paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the date fixed by the board, not more than 30 days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The preferred shares are convertible any time at the holder's option into 0.68728 common shares of Vornado Realty Trust (NYSE: VNO), an initial conversion price of $72.75 per common share. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the convertible preferred stock and the conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conv Shrs Conv Price	Distribution Dates	15% Tax Rate
OTOTCn OTOTCps	6.50% $3.25	$50.00 N/A	4/01/2001 None	Ba3 NR 4/15/2025	0.68728 $72.75	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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HOME PAGE:     https://www.vno.com/
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Address and Phone Numbers

Address:   888 Seventh Avenue, New York, NY 10019
Main Phone Number	212-894-7000
Fax Number	201-587-0600
Investor Relations   Cathy Creswell	212-587-1000
Toll Free Phone Number	Unknown

CEO - Steven Roth

CFO - Michael J. Franco