FOR IMMEDIATE RELEASE: February 21, 2002	CONTACTS: Vectra Bank – Molly Bowler, 303-780-9665 or Mindy Kaufman, 303-691-9279 Forest City - Tom Gleason, 303-382-1800
VECTRA BANK TO BUILD FREE-STANDING BRANCH AT STAPLETON’S QUEBEC SQUARE
DENVER – Vectra Bank Colorado announced today it will open an 8,000-square-foot, stand-alone bank branch at Quebec Square, the new regional retail center that anchors Forest City’s redevelopment of the former Stapleton International Airport as a new mixed-use neighborhood within the city of Denver. “Vectra’s focus is on growing with the communities we serve, including Denver. Stapleton gives us a strategic opportunity to build with Stapleton’s businesses and residents as they forge a new community in northeast Denver,” said Bruce Alexander, president and CEO of Vectra Bank Colorado, a statewide banking network of more than 55 branches. The Stapleton branch is scheduled to open in Spring 2003. Located in the regional retail center at the corner of Smith Road and Quebec Street, the new Vectra Bank joins a growing roster of Quebec Square retailers that includes Sam’s Club, Home Depot, Borders Books and Super Wal-Mart. “We will be active participants in the Stapleton community and strive to work not only with the growing business community at Stapleton and along the I-70 corridor, but with the families and individuals who will make Stapleton their home,” said Alexander. “We are very pleased to have Vectra Bank Colorado at Quebec Square,” said John Lehigh, chief operating officer for Forest City Stapleton, Inc. “Coloradans living in communities across our state know that Vectra Bank is a full service bank that places the highest priority on customer service. We look forward to the day that Vectra Bank opens its doors at Quebec Square to the residents and businesses located at Stapleton and in the surrounding neighborhoods.” Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) is a $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. Forest City's portfolio includes interests in retail centers, apartment communities, office buildings and hotels. The Company's primary markets include Boston, Denver, Los Angeles, New York, Philadelphia, Richmond (Virginia), San Francisco and Washington, D.C. More information about the redevelopment of Stapleton is available on the web at www.stapletondenver.com or www.fceinc.com Vectra Bank Colorado is a full-service financial institution that offers Colorado businesses and consumers a complete range of products and services, including banking, mortgages, personal trust and private banking, investments, leasing, real estate financing, corporate banking and cash management. Serving more than 30 Colorado communities through greater than 55 locations across the state, Vectra Bank Colorado is Colorado's fifth largest bank. With total assets of $2.6 billion and greater than 1,000 employees, Vectra Bank Colorado promises customers, "You do life. We’ll do the banking." The bank's website address is www.vectrabank.com.