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For Immediate Release
April 12, 2004

Watchtower announces sale of Furman Street building

Furman Street building

BROOKLYN, N.Y.—Today the Watchtower Bible and Tract Society of New York, Inc., announced that they have reached an agreement to sell their nearly one million square foot shipping and distribution building located at 360 Furman Street to RAL Development Services LLC. The agreement with RAL allows Watchtower to remain as a tenant in the Furman Street building for one year, sufficient time for all the existing operations to be relocated to their other buildings in Brooklyn and upstate New York.

Contact: J. R. Brown, telephone: (718) 560-5600