Contest Offers New Year’s Weekend Trip and Gift Cards for Winners to
Shops at Northfield Stapleton or Orchard Town Center

(Denver, October 30, 2008) – Take one part Trans-Siberian Orchestra holiday music.  Add a generous dose of outdoor holiday lights.  Mix meticulously with a homemade or store-bought computer program and animate the ingredients.   Set the finished product on your house and yard and what do you have?  

A holiday light show set to music, or a Symphony in Lights, and an entry in a nine-city contest seeking the best multi-media home holiday light display.  The contest begins on Saturday, November 1 and extends through Friday, December 12, and will be held locally at the Shops at Northfield Stapleton in Denver and The Orchard Town Center in Westminster.  Winners will be selected by a panel of judges, including a representative of Trans-Siberian Orchestra, and will be announced on December 22.

Residents in thirteen markets of Forest City-owned properties can get in on the fun as Forest City, owner and manager of The Shops at Northfield Stapleton in Denver, and The Orchard Town Center in Westminster, sponsors a competition seeking the best multi-media home holiday displays.  Two winning displays, one from The Shops at Northfield Stapleton and one from The Orchard Town Center, will win prizes including a $300 gift card.  In addition, winners at both centers will be entered in the national contest for the grand prize.  Thirteen finalists in nine cities and one grand prize winner will be announced December 22, 2008. The grand prize is a weekend trip for two to Chicago to see one of the last Trans-Siberian Orchestra concerts of the season.

 The grand prize winner receives a New Year’s weekend get-away for two to Chicago, including accommodations at a premier hotel and two tickets to the thunderous, heart-stopping Trans-Siberian Orchestra concert in the windy city on Saturday, January 3.  Round-trip airfare and transportation to and from the concert and to and from the airport in Chicago are included.  The Chicago weekend trip takes place from January 2 – January 5, 2009.  The January 3 performance is one of the final Trans-Siberian Orchestra performances of the 2008 season.

All entries to the holiday decor contest must be digitally-recorded images of the participant’s actual home light display (not a virtual representation or rendering).  Entries must be uploaded to www.symphonyinlights.com to specifications indicated on the website, no later than December 12 at 11:59 p.m. Eastern Standard Time.  Entries must be within a 100-mile radius of one of the Forest City-owned properties, and representatives will be visiting each home prior to judging.  See www.symphonyinlights.com for additional rules and requirements.

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Contest to Win Local Trans-Siberian Orchestra Tickets!

In addition, to kick off this musical holiday light contest, consumers can win a $100 gift card and a pair of tickets to the Trans-Siberian Orchestra in Denver on December 3 at the Pepsi Center.  No purchase necessary.  Here’s how to enter at each center:

The Shops at Northfield Stapleton is hosting an enter-to-win drawing for a $100 gift card, a limo ride to and from the show and two tickets to see Trans-Siberian Orchestra in Denver on December 3 at the Pepsi Center.  Entries will be accepted from Saturday, November 22 to Sunday, November 30.  No purchase necessary.  See the Guest Services Center or Borders Books and Music at The Shops at Northfield Stapleton for details.

The Orchard Town Center will be hosting an enter-to-win drawing for two tickets to the Trans-Siberian Orchestra performance on December 3 at the Pepsi Center, a limo ride from The Orchard and a $100 gift card to The Orchard Town Center.  No purchase necessary.  Entries will be accepted from Saturday, November 1 through Wednesday, November 26, 2008.  Visit The Orchard Town Center’s Guest Service kiosk for details.

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The Shops at Northfield Stapleton is a 1.2 million-square-foot, open-air lifestyle and entertainment center located in Denver, Colorado at I-70 and Quebec Street. The center is anchored by Macy´s, Harkins Theatres, Bass Pro´s Outdoor World, SuperTarget, Office Max, Old Navy, JCPenney and Circuit City and more than 60 premier shops and restaurants. For more information, visit www.northfieldstapleton.com.

The Orchard Town Center is north Denver metro’s premier shopping, dining and entertainment destination offering guests a charming town square leading to over 60 specialty shops, restaurants and entertainment venues.  The Orchard is conveniently located on the northwest corner of Interstate 25 at 144th Avenue and is  home to Macy’s, JCPenney, SuperTarget, and AMC Theatres.  For more information, visit www.theorchardtowncenter.com.

Trans-Siberian Orchestra was formed in 1996 by Paul O´Neill, and long time friends and collaborators Robert Kinkel and Jon Oliva.  Trans-Siberian Orchestra delivers music with great emotional impact, ultimately transcending artificial limitations, mixing classical, rock, Broadway and R & B and featuring the very best singers and musicians in the industry to bring each song to life.  For more information, visit www.trans-siberian.com. 

Forest City Enterprises, Inc. is a $10.9 billion NYSE-listed national real estate company. The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States.  For more information, visit www.forestcity.net.

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Statements made in this news release that state the Company’s or management´s intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. The Company´s actual results could differ materially from those expressed or implied in such forward-looking statements due to various risks, uncertainties and other factors.  Real estate development risks and factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the inability to secure sufficient financing on favorable terms, construction risks, increases in commodity costs, the inability to obtain required governmental permits and authorizations, the inability to secure tenants or anchors for the project, the  withdrawal of a prospective anchor or project partner, opposition from third parties, competition in the target market, economic conditions in the target market, the adverse impact of environmental matters, softening of the housing market, and other risk factors as disclosed from time to time in the Company’s SEC filings, including but not limited to, the Company’s annual and quarterly reports.