X0202 4 2004-04-22 0001029800 URSTADT BIDDLE PROPERTIES INC UBP 0000102382 URSTADT CHARLES J 2 PARK PLACE BRONXVILLE NY 10708 1 1 1 0 Chairman of the Board & CEO 0001267830 URSTADT PROPERTY CO INC 2 PARK PLACE BRONXVILLE NY 10708 0 0 0 1 Joint Filer 0001267829 URSTADT REALTY ASSOCIATES CO LP 2 PARK PLACE BRONXVILLE NY 01708 0 0 1 0 Common Stock 2004-04-16 4 J 0 4197 13.522 A 2636420 I footnote Common Stock 2004-04-16 4 J 0 101 13.522 A 2636521 I footnote Common Stock 2004-04-16 4 J 0 6323 14.13 A 2642844 I footnote Common Stock 2004-04-16 4 J 0 25293 13.522 A 2668137 I footnote Common Stock 2004-04-22 4 S 0 25293 13.522 D 2642844 I footnote Common Stock 2004-04-22 4 P 0 25293 13.522 A 2668137 I footnote A portion of those shares of Common Stock of which Mr. Urstadt is the direct beneficial owner are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Urstadt in the amount of 4,196.6965 shares. Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner and which are owned by The Trust established under the Urstadt Biddle Properties Inc. Excess Benefits and Deferred Compensation Plan (the "Compensation Plan Trust") are subject to automatic reivestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Urstadt in the amount of 100.4050 shares. Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner and which are owned by Urstadt Property Company, Inc. ("UPCO"), of which Mr. Urstadt is a controlling shareholder, are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock in the amount of 6,323.31 shares. Those shares of Common Stock of which Mr. Urstadt is the indirect benefitcial owner and which are owned by Urstadt Realty Associates Co LP ("URACO"), a Delaware limited partnership of which UPCO is the general partner and Mr. Urstadt, Mrs. Urstadt, the Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock in the amount of 25,293 shares. On April 22, 2004, those shares of Common Stock acquired by URACO, as set forth in footnote 4, were sold to UPCO in a private transaction. Since Mr. Urstadt is deemed to beneficially own all shares of Common Stock held by URACO and UPCO, the transfer of shares from URACO to UPCO resulted in a change only in the manner in which such shares were held; there was no change in the number of shares beneficially owned by Mr. Urstadt. The Reporting Person is the direct beneficial owner of 296,011 shares of Common Stock individually (including 281,250 restricted shares of Common Stock issued pursuant to the Issuers Restricted Stock Award Plan) which, when added to the 21,300 shares of Common Stock held by Elinor Urstadt, his wife, the 100,000 shares of Common Stock held by the Urstadt Conservation Foundation (the "Foundation") of which Mr. Urstadt and Mrs. Urstadt are the sole trustees, the 7,063 shares of Common Stock held by the Compensation Plan Tust for the benefit of Mr. Urstadt, the 489,813 shares of Common Stock held by UPCO, of which Mr. Urstadt is a controlling shareholder, and the 1,753,950 shares of Common Stock held by URACO, result in Mr. Urstadt beneficially owning 2,668,137 shares of Common Stock. Mr. Urstadt disclaims beneficial ownership of any shares owned by the Foundation. Charles J. Urstadt by Thomas D. Myers as Attorney in Fact 2004-04-26