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Douglas Elleman is listed on the New York Stock Exchange under the ticker symbol “DOUG”.

Douglas Elliman Inc. (NYSE: DOUG) (“Douglas Elliman”) today has completed its previously announced portfolio of Vector Group Ltd. (NYSE: VGR). Douglas Elliman will begin trading today on the New York Stock Exchange under the symbol “DOUG” and has been added to the S&P SmallCap 600®, in effect before trading opens today. Douglas Elliman Realty, LLC is one of the largest residential brokerages in the New York metropolitan area and the sixth largest in the United States. Douglas Elliman’s attractive financial profile includes a strong balance sheet with $200 million of net cash and significant operating leverage, backed by a proven track record of impressive revenue growth, disciplined expense management led by industry-savvy executives, good margins and limited capital expenditures. As a stand-alone company, Douglas Elliman will leverage these core competencies and differentiated focus on the market to pursue profitable growth opportunities through market expansion, and retain, acquire and hire best-in-class talent.

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