November 7, 2005

Vector Group Announces Date for Special Stockholder Meeting

VECTOR GROUP ANNOUNCES DATE FOR SPECIAL STOCKHOLDER MEETING MIAMI, FL, November 7, 2005 -- Vector Group Ltd. (NYSE: VGR) announced today that it will hold a special meeting of Vector Group stockholders on Thursday, December 8, 2005, at 11:00 a.m. Eastern Time at the Bank of America Tower, 100 S.E.

November 3, 2005

Vector Group Responds to New Valley Recommendation Against Offer for All Common Shares

VECTOR GROUP RESPONDS TO NEW VALLEY RECOMMENDATION AGAINST OFFER FOR ALL COMMON SHARES MIAMI, FL, November 3, 2005 -- Vector Group Ltd. (NYSE: VGR) today issued the following statement in response to the recommendation by the special committee of the Board of Directors of New Valley Corporation

October 20, 2005

Vector Group Commences Offer to Acquire Outstanding Stock of New Valley Corporation

VECTOR GROUP COMMENCES OFFER TO ACQUIRE OUTSTANDING STOCK OF NEW VALLEY CORPORATION MIAMI, FL, October 20, 2005 -- Vector Group Ltd. (NYSE: VGR) today commenced its previously announced exchange offer to acquire all of the outstanding shares of common stock of New Valley Corporation (NASDAQ: NVAL)

October 12, 2005

Vector Group Provides Update on Offer to Acquire Outstanding Stock of New Valley Corporation

VECTOR GROUP PROVIDES UPDATE ON OFFER TO ACQUIRE OUTSTANDING STOCK OF NEW VALLEY CORPORATION MIAMI, FL, October 12, 2005 -- Vector Group Ltd. (NYSE: VGR) today announced that, at the request of the special committee of the New Valley Corporation (NASDAQ: NVAL) Board of Directors, it will postpone

September 27, 2005

Vector Group Names Howard M. Lorber Chief Executive Officer; Bennett S. Lebow Becomes Executive Chairman

VECTOR GROUP NAMES HOWARD M. LORBER CHIEF EXECUTIVE OFFICER; BENNETT S. LEBOW BECOMES EXECUTIVE CHAIRMAN MIAMI, FL, September 27, 2005 -- Vector Group Ltd. (NYSE: VGR) today announced that Howard M. Lorber, 57, has been named Chief Executive Officer of Vector Group. Mr.

September 27, 2005

Vector Group Announces Offer to Acquire Outstanding Stock of New Valley Corporation

VECTOR GROUP ANNOUNCES OFFER TO ACQUIRE OUTSTANDING STOCK OF NEW VALLEY CORPORATION MIAMI, FL, September 27, 2005 -- Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has approved plans to make an offer to the stockholders of New Valley Corporation (NASDAQ: NVAL) to acquire