Press Release

November 14, 2006 at 12:00 AM EST

Vector Group to Host Third Quarter 2006 Conference Call

VECTOR GROUP TO HOST THIRD QUARTER 2006 CONFERENCE CALL MIAMI, FL, November 14, 2006 – Vector Group Ltd. (NYSE: VGR) will conduct a conference call and webcast to discuss its third quarter 2006 results on Wednesday, November 15, 2006 at 9:00 a.m. (ET).

Investors can access the call by dialing 800-859-8150 and entering 91225649 as the conference ID number. The call will also be available via live webcast at www.vcall.com. Webcast participants should allot extra time before the webcast begins to register.

A replay of the call will be available shortly after the call ends on November 15, 2006 through November 29, 2006. To access the replay, dial 877-656-8905 and enter 91225649 as the conference ID number. The archived webcast will also be available at www.vcall.com for 30 days.

Vector Group is a holding company that indirectly owns Liggett Group LLC, Vector Tobacco Inc., and New Valley LLC. Additional information concerning the company is available on the company’s website, www.VectorGroupLtd.com.

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Contact:
Paul Caminiti/Brandy Bergman/Carrie Bloom
Citigate Sard Verbinnen
212/687 - 8080