ALEXANDERS INC — Director's Dealing 2005

Apr 12, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2005-04-08

Reporting Person: UNDERBERG NEIL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-08	Common Shares	M	1600	$70.375	Acquired	2100	Direct
2005-04-08	Common Shares	S	1600	$250.312	Disposed	500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-08	Options (Right to Buy)	$70.375	M	1600	Disposed	2009-03-04	Common Shares (1600)	Direct