Washington, DC - After an extremely successful event its first year, Forest City Enterprises, a real estate development company headquartered in Cleveland, Ohio, is again giving its employees the opportunity to spend a work day volunteering with local service organizations. Forest City employees from the Washington office, residential properties The Grand and The Lenox Club and the Ballston Common Mall will spend their time during the company's Community Day - Friday, September 16, 2005 - doing landscape work as well as distributing school supplies at Van Ness Elementary School at 1150 5th Street SE.

Over 1,000 Forest City associates will come together, in 30 cities across the country, for the opportunity to lend a hand in the communities they serve, and work with local non-profit groups and agencies, to demonstrate the company's commitment to community involvement.

"Our first Community Day event was such a success that we knew right away it would become an annual event," said Charles A. Ratner, president and chief executive officer of Forest City Enterprises. "The number of lives and organizations that our associates are affecting, just by the work they are doing on this one day, is a significant accomplishment and we are looking forward to building relationships with our neighbors."

Forest City created Community Day last year as an initiative that allows employees to volunteer their time and skills to local community organizations and to exhibit the company's strong belief in its other core values, such as teamwork and performance ethic. The company displays these core values in it's daily work, whether building mixed-use communities such as the 4,000-acre, award-winning Stapleton development in Denver, Colo.; renovating and building U.S. Navy military housing in Honolulu, Hawaii and Great Lakes, Ill.; creating a downtown environment in the city of Rancho Cucamonga, Calif.; or managing one of its many lifestyle centers or residential properties across the country.

The 30 cities across the country and 37 non-profit organizations that the company will be working with on Community Day, September 16th, include:

Forest City Enterprises, Inc. is a $7.4 billion NYSE-listed real estate company headquartered in Cleveland, Ohio. The company is principally engaged in the ownership, development, acquisition and management of commercial and residential real estate throughout the United States. The company's portfolio includes interests in retail centers, apartment communities, office buildings and hotels in 20 states and the District of Columbia.

(Editor's note: Photo and video opportunities will be available from 10 a.m. to 3 p.m. at the Van Ness Elementary School.)

Contacts:
Darlene Ford
Forest City Washington
(202) 496-6603

Amy Sinn
Forest City Enterprises
216-416-3555