Recent News

March 7, 2006
Vector Group Declares Quarterly Cash Dividend

VECTOR GROUP DECLARES QUARTERLY CASH DIVIDEND MIAMI, FL, March 7, 2006 – Vector Group Ltd. (NYSE: VGR) today announced that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share. The dividend is payable on March 29, 2006 to holders of record as of March 20, 2006.

December 13, 2005
Vector Group Completes Acquisition of New Valley Corporation

VECTOR GROUP COMPLETES ACQUISITION OF NEW VALLEY CORPORATION MIAMI, FL, December 13, 2005 -- Vector Group Ltd. (NYSE: VGR) announced today that it has completed its previously announced acquisition of New Valley Corporation (NASDAQ: NVAL) by way of a short-form merger.

December 9, 2005
Vector Group Successful in Exchange Offer for New Valley

VECTOR GROUP SUCCESSFUL IN EXCHANGE OFFER FOR NEW VALLEY MIAMI, FL, December 9, 2005 -- Vector Group Ltd. (NYSE: VGR) announced today that the Company’s previously announced exchange offer to acquire all of the outstanding common shares of New Valley Corporation (NASDAQ: NVAL) that Vector Group did

December 8, 2005
Vector Group Stockholders Approve Acquisition of New Valley

VECTOR GROUP STOCKHOLDERS APPROVE ACQUISITION OF NEW VALLEY MIAMI, FL, December 8, 2005 -- Vector Group Ltd. (NYSE: VGR) announced today that stockholders have approved the issuance of Vector Group shares in the acquisition of New Valley Corporation (NASDAQ: NVAL) in a vote at a special meeting of

December 7, 2005
Vector Group Declares Quarterly Cash Dividend

URGES NEW VALLEY STOCKHOLDERS TO TENDER INTO EXCHANGE OFFER BEFORE FRIDAY DEADLINE IN ORDER TO RECEIVE DIVIDEND

November 16, 2005
Vector Group Increases Exchange Offer to Acquire Outstanding Shares of New Valley Corporation to 0.54 Vector Shares for Each New Valley Share

Vector Enters into Agreements to Tender with Several Large New Valley Stockholders; At Least 84.6% of Outstanding New Valley Shares Committed to Transaction