VORNADO REALTY TRUST (a Maryland real estate investment trust) 6.875% Series J Cumulative Redeemable Preferred Shares of Beneficial Interest (Liquidation Preference $25.00 Per Share) UNDERWRITING AGREEMENT Dated: May 5, 2011Underwriting Agreement • May 10th, 2011 • Vornado Realty Trust • Real estate investment trusts • New York
Vornado Realty Trust, a Maryland real estate investment trust (the “Company”), confirms its agreement with you (the “Underwriter”), with respect to the issue and sale by the Company and the purchase by you of the number of 6.875% Series J Cumulative Redeemable Preferred Shares of Beneficial Interest, no par value per share, of the Company (“Preferred Shares”) set forth above. The aforesaid 800,000 Preferred Shares to be purchased by you are hereinafter called the “Securities.” The Company previously issued and sold 7,000,000 Preferred Shares on April 20, 2011 and 1,050,000 Preferred Shares on April 21, 2011 (collectively, the “Initial Shares”), all of which are outstanding as of the date hereof. The Securities will have identical terms and conditions, other than the issue date, the public offering price, the underwriting discount and the purchase price paid by the Underwriter, as the Initial Shares, and will constitute an additional issuance of, and form a single series with, the Initi
