[PITTSBURGH, APRIL 16, 2008] – Reminiscent of an old-fashioned “barnraising,” students from Art Institutes schools across the country are reserving Saturday, April 19, for a special “Web Raising” of the online presence they have created for non-profit organizations in their communities. Now in its ninth year, this annual event travels across time zones as students, under the direction of faculty members at Art Institutes schools located in major cities across the U.S., put the finishing touches on web sites for clients. Participating Art Institutes school locations include: The Art Institute of Atlanta, The Art Institute of Fort Lauderdale, The Art Institute of Las Vegas, The Art Institutes International Minnesota, The Art Institute of Portland, Miami International University of Art & Design and The New England Institute of Art. “This event is the culmination of months of hard work by our talented students,” says Hal Griffith, Vice President of Academic Affairs for The Art Institutes. “Each year we adopt organizations who want and need web sites. Our students meet with the organizations and take them on as pro bono clients, creating the design and navigation for their web sites.” Then, on one day, “the participating Art Institutes schools invite the organizations in to share the excitement, as the work becomes a reality and the sites are ‘raised’ and made functional.” “This is a wonderful way for The Art Institutes to give back to the community and at the same time create a real-world experience for our students,” says John Mazzoni, President, The Art Institutes. ”It’s a win-win.” To learn more about The Art Institutes, visit www.artinstitutes.edu. About The Art Institutes

[PITTSBURGH, APRIL 15, 2008] -- A sea turtle, cherry blossom tree, and a Pittsburgh Steelers Terrible Towel are among the fifteen sustainable sculptures created from more than 10,000 recycled plastic water bottles that will be unveiled at shopping centers around the country in celebration of Earth Day. Created by students at The Art Institutes nationwide, each sculpture celebrates the city in which it was created and is made from 836 empty plastic water bottles, the average number that a family of four will go through in one year1. “Our sea turtle was created using recycled materials and it is our hope to demonstrate the importance of making responsible choices with products once they reach the end of their useful life,” said Spencer Geraci, an industrial design student who is heading up the sea turtle project with The Art Institute of Pittsburgh. “By showing the sheer volume of space these items engulf, we want viewers to be shocked and to take a moment to realize that simple changes in their daily habits make the difference.” These massive sculptures (up to 10 ft. high) will be unveiled on April 19 at fifteen Forest City retail centers from Chicago to Atlanta to Denver and Las Vegas, turning a regular Saturday shopping day into a day of planet preservation. Shoppers will also be entertained and educated with everything from eco-fashion shows, green cooking demonstrations, sustainable stories at children’s story time and crafting from reusable materials. Environmental groups and local organizations will also be on hand to offer tips in their fields at their green booths. “The Eco-Chic celebration is a fun and educational way for us to practice a company core value – sustainability – and extend it to the communities we serve,” said Jon Ratner, vice president of sustainability initiatives, Forest City, owner of all 15 participating retail centers. “Preserving our planet for future generations is everyone’s job. This is our effort to keep the focus on how each of us can help,” he added. In addition to entertainment, there will be special giveaways and promotions at each center, including: • The first 700 guests to bring 10 plastic water bottles for recycling will receive a stylish, black, fold-up, reusable canvas tote bag that says, “I am Eco Chic.” Shoppers who reuse these bags can help keep as many as 1,000 disposable bags out of landfills over the next five years2. • The first 200 guests who “Pledge to Make the Switch” from incandescent light bulbs to energy-efficient compact fluorescent bulbs (CFLs) will receive a free CFL bulb which can last up to 10 times longer than an incandescent, saving up to $44 in energy costs3. • Each retail center will donate five percent of gift card sales for the day to The Sierra Club. Participating centers are: Antelope Valley Mall, Palmdale, Calif.; Ballston Common Mall, Arlington, Va.; The Promenade Bolingbrook, Bolingbrook Ill.; Boulevard Mall, Amherst, N.Y.; Charleston Town Center Mall, Charleston, W. Va.; The Shops at Northfield Stapleton, Denver, Colo.; The Mall at Robinson, Pittsburgh, Pa.; Short Pump Town Center, Richmond, Va.; Simi Valley Town Center, Simi Valley, Calif.; South Bay Galleria, Redondo Beach, Calif.; Mall at Stonecrest, Lithonia, Ga.; Galleria at Sunset, Henderson, Nev.; The Promenade in Temecula, Temecula, Calif.; Victoria Gardens, Rancho Cucamonga, Calif. and The Orchard Town Center, Westminster, Colo. Forest City Commercial Development is a unit of Forest City Enterprises, Inc. a $10 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. To find out more about The Art Institutes, visit www.artinstitutes.edu. About The Art Institutes Safe Harbor Language Statements made in this news release that state Forest City's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. It is important to note that Forest City's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, real estate development and investment risks, economic conditions in Forest City's core markets, reliance on major tenants, the impact of terrorist acts, Forest City's substantial leverage and the ability to service debt, guarantees under Forest City's credit facility, changes in interest rates, continued availability of tax-exempt government financing, the sustainability of substantial operations at the subsidiary level, significant geographic concentration, illiquidity of real estate investments, dependence on rental income from real property, conflicts of interest, competition, potential liability from syndicated properties, effects of uninsured loss, environmental liabilities, partnership risks, litigation risks, risks associated with an investment in a professional sports franchise, and other risk factors as disclosed from time to time in Forest City's SEC filings, including, but not limited to, Forest City's annual and quarterly reports. Recycling sources: 1 The Beverage Marketing Corporation 2Workman Publishing 3Sylvania ###

[PITTSBURGH, APRIL 10, 2008] -- Who will be the Best Teen Chef 2008? Hundreds of high school seniors and budding chefs will get one step closer to learning the answer on Saturday, April 12 as they head to The Art Institutes Best Teen Chef 2008 Local Cook-off Competitions. Coast-to-coast, Best Teen Chef Local Cook-off Competitions will be held at participating The International Culinary Schools at The Art Institutes locations across the U.S. and Canada. Following the Local Cook-off Competitions, local winners will head to The Art Institute of Las Vegas for the Best Teen Chef Final Round Competition on May 17. Top prize winners in the Competition can win a full-tuition scholarship toward an associate's degree, certificate or diploma program to study Culinary Arts at one of the more than 30 participating Art Institutes locations. In addition to a full-tuition scholarship and the title of Best Teen Chef 2008, the first place winner in the national competition, in partnership with Food Network, will be an "Intern for a Day" at the Food Network Kitchens in New York City. The winner will also receive a tour of the Food Network Studios, dinner for two at a Food Network chef's restaurant and a library of Food Network Kitchens cookbooks. “Every year, we see the popularity of this Competition grow among high school age teens. They’re watching their favorite chefs on television, and saying to themselves, ‘I can do that,” said Chef Michael Nenes, Assistant Vice President of Culinary Arts for The Art Institutes. Competitors at the Local Cook-off Competition will prepare a menu of Shrimp Cocktail, Sautéed Breast of Chicken, Fresh Broccoli, and Rice Pilaf during timed heats. For more information about the Best Teen Chef Competition, visit www.artinstitutes.edu/pr.aspx?ID=btc007. About The Art Institutes

[PITTSBURGH, JANUARY 30, 2008] – High school students interested in a graphic design career will have a unique opportunity to exercise their artistic talents by entering The Art Institutes and Americans for the Arts Poster Design Competition 2008. The deadline to enter the competition is February 8, 2008. Students will be asked to create original poster artwork that expresses the slogan, “Life is Better With Art In It.” Approximately $100,000 in tuition scholarships to The Art Institutes schools will be awarded, with the first place prize-winning student receiving a $25,000 tuition scholarship to study at one of the more than 35 participating Art Institutes locations throughout the U.S. and in Canada. The competition is open to graduating high school seniors in the U.S. and Canada interested in pursuing a career in graphic design. Students must submit an original poster design, a current high school transcript and a statement describing their design process and why they wish to enter the graphic design field. The competition takes place in two stages: A local competition will be held at all participating Art Institutes locations in the U.S. and Canada in March 2008. The first place winner from the local competition will have his or her entry placed into consideration for the final stage and national judging, which takes place in May 2008. "We’re pleased to be collaborating with Americans for the Arts because we believe, as educators, this is a critical time to support and strengthen the universal role that the arts play in our lives,” says John Mazzoni, President of The Art Institutes. According to Robert L. Lynch, president and CEO of Americans for the Arts, “We want young people to remember that art is a valuable communication tool, one that will assist us in developing a bright future for everyone. We are proud to support the next generation of creative leaders.” For information on how to enter the Poster Design Competition, visit the Poster Design Competition page. ### Americans for the Arts is the leading nonprofit organization for advancing the arts in America. With offices in Washington, D.C., and New York City, and 48 years of service, Americans for the Arts is dedicated to representing and serving local communities and creating opportunities for every American to participate in and appreciate all forms of the arts. Additional information is available at www.AmericansForTheArts.org. About The Art Institutes