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Howard M. Lorber became our Chief Executive Officer in December 2005 after serving as our President, Chief Operating Officer and a director since November 2004. Mr. Lorber is also the President and Chief Executive Officer of our parent, Vector Group Ltd. and served as Vector�s President and Chief Operating Officer from January 2001 to December 2005 and has served as a director of Vector�s since January 2001. Mr. Lorber was Chairman of the Board of Hallman & Lorber Assoc., Inc., consultants and actuaries of qualified pension and profit sharing plans, and various of its affiliates from 1975 to December 2004 and has been a consultant to these entities since January 2005; a stockholder and a registered representative of Aegis Capital Corp., a broker-dealer and a member firm of the National Association of Securities Dealers, since 1984; Chairman of the Board of Directors since 1987 and Chief Executive Officer since November 1993 of Nathan�s Famous, Inc., a chain of fast food restaurants; a consultant to us and Liggett from January 1994 to January 2001; a director of United Capital Corp., a real estate investment and diversified manufacturing company, since May 1991; and Vice Chairman of the Board of Ladenburg Thalmann Financial Services since May 2001. He is also a trustee of Long Island University. | 