JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934,
as amended, the persons named below agree to the joint filing on behalf of each
of them of statements on Schedule 13D (including amendments thereto) with
respect to the tender offer for depositary units representing limited partner
interests in AMERICAN REAL ESTATE PARTNERS, L.P., and further agree that this
Joint Filing Agreement be included as an Exhibit to such joint filings. In
evidence thereof, the undersigned, being duly authorized, have executed this
Joint Filing Agreement this 17th day of November, 1998.
HIGH COAST LIMITED PARTNERSHIP
By: Beckton Corp.,
General Partner
By: /S/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: President
BECKTON CORP.
By: /S/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: President
/S/ ▇▇▇▇ ▇. ICAHN
▇▇▇▇ ▇. ICAHN
AMERICAN PROPERTY INVESTORS, INC.
By: /S/ ▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: Assistant Secretary
