X0303 4 2008-12-30 0 0001029800 URSTADT BIDDLE PROPERTIES INC UBP 0001070094 BIDDLE WILLING L 53 ELMWOOD ROAD SOUTH SALEM NY 10590 1 1 1 0 President and COO Common Stock 2008-12-30 4 P 0 989 14.00 A 1686778 I See footnote On December 30, 2008, The Trust Established Under the Urstadt Biddle Properties Inc. Excess Benefits and Deferred Compensation Plan (the "Compensation Plan Trust") purchased 989 shares of Common Stock for the benefit of Mr. Biddle. This figure includes 582,500 restricted shares of Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan. Mr. Biddle is the direct beneficial owner of 1,651,555 shares of Common Stock, including the 582,500 restricted shares referenced in Footnote (1). In addition, he is the indirect beneficial owner of 4,177 shares of Common Stock owned by the Compensation Plan Trust, 2,307 shares of Common Stock owned by the Willing L. Biddle IRA for the benefit of Mr. Biddle, 5,163 shares of Common Stock owned by the P.T. Biddle (Deceased) IRA for the benefit of Willing Biddle, 21,951 shares of Common Stock owned beneficially and of record by Catherine U. Biddle, Mr. Biddle's wife, 555 shares of Common Stock owned beneficially and of record by the Catherine U. Biddle IRA for the benefit of Catherine U. Biddle and 1,070 shares of Common Stock owned by the Charles and Phoebe Biddle Trust UAD 12/20/93 for the benefit of the Issue of Willing L. Biddle (the "Biddle Trust"). Mr. Biddle and Charles J. Urstadt are the sole trustees of the Biddle Trust. Willing L. Biddle by Thomas D. Myers as Attorney-in-Fact 2008-12-31