Exhibit 99.1

VECTOR GROUP LTD. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS DATA
(Dollars in Thousands, Except Per Share Amounts)

	Three Months ended						Twelve Months ended
	December 31,						December 31,
	2005			2004			2005			2004
Revenues*	$	136,176		$	127,991		$	478,427		$	498,860
Expenses:
Cost of goods sold (including inventory impairment of $0, $0, $0 and $37,000 in 2004)*		82,613			73,316			285,393			325,663
Operating, selling, administrative and general expenses		37,563			36,730			114,048			144,051
Gain on sale of assets		(12,748	)		—			(12,748	)		—
Provision for loss on uncollectible receivable		2,750			—			2,750			—
Restructuring and impairment charges		(127	)		6,155			(127	)		13,699
Operating income		26,125			11,790			89,111			15,447
Other income (expenses):
Interest and dividend income		2,350			1,015			5,610			2,563
Interest expense		(7,825	)		(7,064	)		(31,980	)		(25,077	)
Loss on extinguishment of debt		—			(4,694	)		—			(5,333	)
Gain on investments, net		(7	)		2,776			1,426			8,664
Gain from conversion of LTS notes		—			—			9,461			—
Equity in loss on operations of LTS		—			—			(299	)		—
Equity income (loss) from non-consolidated real estate businesses		1,341			(45	)		7,543			9,782
Other, net		(422	)		67			(353	)		60
Income from continuing operations before benefit for income taxes and minority interests		21,562			3,845			80,519			6,106
Income tax expense (benefit)		11,030			(9,585	)		40,352			(6,960	)
Minority interests		434			(4,803	)		(1,969	)		(9,027	)
Income from continuing operations		10,966			8,627			38,198			4,039
Discontinued operations:
Income from discontinued operations, net of minority interest and taxes		—			79			82			458
Gain on disposal of discontinued operations, net of minority interests and taxes		—			2,231			2,952			2,231
Income from discontinued operations		—			2,310			3,034			2,689
Income before extraordinary item		10,966			—			41,232			—
Extraordinary item unallocated goodwill		7,850			—			7,850			—
Net income	$	18,816		$	10,937		$	49,082		$	6,728
Per basic common share:
Income from continuing operations	$	0.24		$	0.20		$	0.86		$	0.09
Income from discontinued operations	$	0.00		$	0.05		$	0.07		$	0.06
Income from extraordinary item	$	0.18		$	0.00		$	0.18		$	0.00
Net income applicable to common shares	$	0.42		$	0.25		$	1.11		$	0.15
Per diluted common share:
Income from continuing operations	$	0.23		$	0.19		$	0.82		$	0.09
Income from discontinued operations	$	0.00		$	0.05		$	0.07		$	0.06
Income from extraordinary item	$	0.17		$	0.00		$	0.17		$	0.00
Net income applicable to common shares	$	0.40		$	0.24		$	1.06		$	0.15

* Revenues and Cost of goods sold include excise taxes of $48,897, $42,945, $161,753 and $175,674, respectively.