AMREP Corporation Responds To Recent Market Activity

PRINCETON, N.J., Dec. 3, 2012 /PRNewswire/ -- AMREP Corporation (NYSE: AXR) today reported that it received an inquiry from the New York Stock Exchange regarding the recent market activity in the Company's stock and informed the Exchange that the Company's policy is not to comment on market activity.

AMREP Corporation's Media Services operations, conducted by its Kable Media Services, Inc. and Palm Coast Data LLC subsidiaries, distribute magazines to wholesalers and provide subscription and product fulfillment and related services to publishers and others, and its AMREP Southwest Inc. subsidiary is a major landholder and leading developer of real estate in New Mexico.

SOURCE AMREP Corporation

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