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Dividend Reinvestment and Stock Purchase Plan

The Dividend Reinvestment and Stock Purchase Plan offers you an opportunity to purchase shares of Common Stock of Forest City Enterprises, Inc. at a 3% discount to market price at the time of purchase. You may purchase shares of Common Stock with cash payments ranging from a minimum of $10 to a maximum of $5,000 monthly, although you may make cash payments less frequently if you wish. Both options provide you with a 3% discount to market price at the time of purchase and both are offered and administered through Wells Fargo Shareholder Services. You may choose either option or both. Details of the plan and options can be obtained by calling Wells Fargo Shareholder Services at 800-468-9716.

You may also obtain materials regarding the plan by calling Wells Fargo Shareholder Services at 800-468-9716.

Written inquiries may be directed to:
Wells Fargo Shareholder Services
161 N. Concord Exchange
P O Box 64854
South St. Paul, MN 55075

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