LOS ANGELES, Nov. 12 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced the retirement of Brian Jones, chairman, West Coast Development. With Jones' retirement, Kevin Ratner, currently President, Residential West, has been named to the new position of president, Forest City West. (Logo: http://www.newscom.com/cgi-bin/prnh/20080515/FRSTCTYLOGO) "Brian played a vital role in shaping our Company's growth and reputation on the West Coast," Ratner said. "Thanks to his leadership, drive and development acumen, we are recognized as one of the premier developers of commercial real estate here in California and elsewhere in the West." In his 30-plus year career with Forest City, Jones led the development of approximately 17 million square feet of Class A retail projects - including Victoria Gardens, South Bay Galleria and The Promenade in Temecula in California, as well as the Galleria at Sunset in Nevada, and Orchard Town Center in Colorado, among many others. A capstone achievement in his career was the 2006 opening of Westfield San Francisco Centre, developed and owned jointly by Forest City and The Westfield Group, which has been heralded as one the country's premier urban retail destinations. In his new role, Ratner will assume overall direction of both residential and commercial development in the western United States, as well as leadership of Forest City's core market offices in Los Angeles and San Francisco. "I'm excited about this new role, and ready to move forward with our strong team and leading-edge, unified residential and commercial development capability," Ratner said. Since 2006, he has served as president of Forest City Residential West, where he was responsible for all of Forest City's western multifamily residential business, including leadership of major development projects in California. Ratner serves on the board of directors of the LA Conservancy, SCI-Arc, the American Jewish University, USC LUSK Center, and UC Berkeley Fisher Center among other organizations. He holds a Master's degree in real estate development from the University of Southern California. About Forest City Forest City Enterprises, Inc., headquartered in Cleveland, Ohio, is an $11.7 billion NYSE-listed national real estate company. The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. For more information, visit http://www.forestcity.net/. http://www.newscom.com/cgi-bin/prnh/20080515/FRSTCTYLOGODATASOURCE: Forest City Enterprises, Inc. CONTACT: Jeff Linton, Vice President - Corporate Communication, +1-216-621-6060 Web Site: http://www.forestcity.net/

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