Business Services Industry

Wellsford Real Properties, Inc. Announces Its Common Stock Will Trade Ex-Dividend on December 15, 2005 after Payment of Liquidating Distribution

Business Wire, Nov 30, 2005

> NEW YORK -- On November 22, 2005, Wellsford Real Properties, Inc. (AMEX:WRP) announced that its Board of Directors declared an initial liquidating distribution of $14 per share payable December 14, 2005 to stockholders of record on December 2, 2005. As required by the rules of the AMEX in connection with a significant distribution, the shares of common stock of the Company will begin trading ex-dividend on December 15, 2005 after payment of the distribution.

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