You can’t open a real estate trade journal or attend a industry conference without being barraged with the word “green.”  The green train has even left the industrial station, and the question now is: Is it headed in the right direction, toward a truly sustainable product.

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A hundred years ago, it would take fence riders eight days to complete the swing around the lands of Tejon Ranch, a distance of 198 miles. On September 21 – 23, 2007, a total of 200 riders had the distinction of becoming the first endurance riders to ride the interior of Tejon Ranch. Of the 200 riders who participated in the event, seven riders rode all three days on the same horse – a total of 155 miles.

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The advent of the global economy and the dramatic increase of imports to the United States have forever changed the site selection process of the modern industrial space user. Today, most products sold and consumed in our country no longer begin their life cycle within our borders. They are manufactured in a foreign nation, imported stateside, staged at a warehouse, customized or assembled there for consumer delivery, and then distributed into the marketplace through a vast and complex supply chain made up of regionalized warehouses and retail locations throughout the United States. Effectively, logistics related operations have all but replaced traditional manufacturing concerns across the country.

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When Tejon Ranch Co. applied for permission to expand its ware-complex north of Los Angeles to 20 million square feet, a key consideration was air pollution.

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Monday, October 01, 2007

TEJON RANCH COMPANY ANNUAL REPORT HONORED Publication captures several awards in prestigious competition

TEJON RANCH, CA (October 1, 2007) Tejon Ranch Company (NYSE:TRC) was honored with several awards for its 2006 Annual Report in the 15th American Business Communicators Annual Report Competition, including a first place award for Best Cover Design. The Annual Report received second place in two categories: Letter to Shareholders and Photography/Illustration. The report won a third place award for Narrative Presentation. This is the second year in a row Tejon Ranch Company’s Annual Report was honored by the American Business Communicators organization. Companies from all over the country enter their annual reports in the competition, including such well-known corporations as Allstate Insurance, Boeing, General Electric and Wachovia. Tejon Ranch Company’s Corporate Communications Department worked with Douglas Oliver Design of Santa Monica to produce the report. The 2006 Annual Report featured the theme of partnerships, and focused on Tejon Ranch Company’s conservation, community and community building partnerships. “We are very pleased to be recognized again this year,” said Barry Zoeller, Vice President of Corporate Communications. “Tejon Ranch emphasizes quality in everything we do, and it’s gratifying to see our Annual Report recognized for excellence.” To view Tejon Ranch’s 2006 Annual Report on line, go to the Investor Relations section of the corporate website www.tejonranch.com. To request an Annual Report, please call (661) 663-4213. A complete list of the winners in the American Business Communicators Annual Report Competition is available at www.ambizcom.com.

CONTACT: Barry Zoeller, VP of Corporate Communications Tejon Ranch Company (661) 663-4212 bzoeller@tejonranch.com

Tejon Ranch’s Tie to Historic County Home

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Tejon Ranch Announces Ban on Lead Bullets to Protect Condors

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Tuesday, April 17, 2007

Partners Start on 606,000 Square Foot Warehouse Facility Designed to Serve the Needs of West Coast-Based Logistics Operators

TEJON RANCH, Calif. (April 10, 2007) – The partnership of Tejon Ranch Company (NYSE: TRC) and Rockefeller Group Development Corporation (Rockefeller Group) today announced it is commencing with the development of a 606,000 square foot warehouse building at Tejon Industrial Complex (TIC), the 1,450-acre master planned commercial development that anchors California’s central trade corridor.

“Rockefeller Group is an organization with a worldwide reputation for quality commercial development, with a demonstrated depth of expertise in the Foreign Trade Zone arena,” said Robert A. Stine, President and CEO of Tejon Ranch Company. “We are pleased to align those strengths with Tejon Ranch’s focus on delivering high-quality and well planned real estate developments that are strategically positioned to provide for California’s future economic prosperity.”

Tejon Ranch and Rockefeller Group’s joint venture partnership includes securing a Foreign Trade Zone (FTZ) designation at TIC as an expansion of Port of LA FTZ #202, with a goal of developing the property within the FTZ for warehouse and distribution uses.

“Tejon Industrial Complex is in a strategic position to fulfill the location needs of warehouse and industrial space users best served by efficient outbound logistics on the West Coast,” said Tom McCormick, SIOR, Rockefeller Group”s Senior Vice President of Development. “Our studies of imported goods and commodities moving into the U.S. markets through the ports of Los Angeles and Long Beach indicate that TIC is uniquely positioned to support the flow of such materials as they move into the marketplace. A TIC location also offers efficient access to the Port of Oakland, providing a link to all of California’s major ports from one location.”

The 606,000-square-foot warehouse facility, which will be built adjacent to IKEA’s western regional distribution facility, will be available for lease. It will serve the requirements of companies that need to move goods from California’s ports to a centralized location for staging prior to statewide or western regional distribution.

The Colliers International team of Thomas Taylor, Senior Vice President, and John DeGrinis, SIOR, Senior Vice President, are the brokerage representatives for leasing and land sale opportunities at TIC.

“This new facility will meet the growing demand for efficient, well-designed logistics-friendly warehouse space we see in the current marketplace,” said Taylor. “Conditions are growing tighter in the established Southern California industrial corridors for big-box warehouse space serving port related logistics concerns. TIC is the next logical location, especially for companies seeking an existing facility and who desire room for the option of future expansion.”

The benefits of locating in a Foreign Trade Zone can be significant. FTZs allow manufacturers and distributors to defer duty payment on imported items or raw materials that are stored an FTZ until such goods are removed from the FTZ facility and entered into the commerce of the United States for consumption. Qualified FTZ companies may also receive permission from Customs to move imported items directly from the ports to the FTZ, thereby avoiding delays at congested ports. In addition, the Trade and Development Act of 2000 allows FTZ companies to file one Customs entry per week versus one per day or per shipment. This procedure can significantly reduce the number of Customs entries filed annually, which results in reduced fees, streamlined Customs reporting procedures, lower inventory levels and overall costs savings.

TIC is located at the junction of Interstate 5 and Highway 99, at the southern end of California’s Central Valley, approximately 60 minutes north of Los Angeles and four hours south of Oakland. The 1,450-acre industrial/commercial complex is already home to 2.5 million square feet of existing warehouse facilities, including IKEA”s Western North American Distribution Center, which serves California, the western United States and Canada, and Oneida Ltd’s West Coast Distribution Center.

Monday, April 09, 2007

TEJON RANCH, CA (April 9, 2007) – The 5th District Court of Appeals in Fresno has affirmed a ruling by the Kern County Superior Court, clearing the way for the expansion of the Tejon Industrial Complex.

The Kern County Board of Supervisors originally approved the 1,109-acre expansion of Tejon Industrial Complex in 2003, but that approval was set aside when Kern County Superior Judge Kenneth C. Twisselman II ordered the County to do additional work on the Environmental Impact Report in response to a lawsuit filed by the Center for Biological Diversity, the Center for Race, Poverty and Environment, and several other advocacy groups.

In response to the court’s ruling, the County prepared a supplemental analysis to the EIR, and in November 2005 the Board of Supervisors again approved the expansion of Tejon Industrial Complex. The case returned to the court, and in March 2006 Judge Twisselman ruled the supplemental analysis prepared by the County satisfied his original court order. The Center for Biological Diversity subsequently filed an appeal of Judge Twisselman’s decision. On April 6, 2007, the 5th District Court of Appeals in Fresno ruled that Judge Twisselman’s decision was correct and affirmed his ruling that the expansion of Tejon Industrial Complex could proceed.

“We are pleased to have this issue behind us so we can move ahead with our vision for Tejon Industrial Complex,” said Robert A. Stine, President and CEO of Tejon Ranch Company. “Tejon Industrial Complex is an important part of our vision to provide for California’s future by creating jobs and economic opportunity for thousands.”

When the Kern County Board of Supervisors approved Tejon Industrial Complex East – for a second time in 2005, Second District Supervisor Don Maben decried the delays created by the original lawsuit.

“This project has already created a thousand jobs and by now would have likely created another thousand and improved the quality of life for those holding those jobs, if there wasn’t this delay,” Maben said. “It’s a shame this had to take almost three (now 4 ½) years.”

Saturday, February 24, 2007

California Condor to Benefit from State’s First Voluntary Discontinuance of the Use of Lead Ammunition

• U.S. Fish & Wildlife Service, Audubon California and Tejon Ranch Company make historic joint announcement of voluntary elimination of use of lead hunting ammunition at Tejon Ranch. • Lead poisoning called the greatest obstacle to full recovery of condor.

Los Angeles (February 23, 2007) – Tejon Ranch Company today joined with the U.S. Fish & Wildlife Service and Audubon California to further protect the California Condor by announcing it would discontinue the use of lead hunting ammunition on Tejon Ranch, the 270,000-acre privately-owned ranch in California’s Tehachapi Mountains that is home to the state’s largest private hunting program.

While tremendous progress has been made in bringing the bird back from the brink of extinction, poisoning from lead ammunition is regarded as the single greatest threat to the continued recovery of the California Condor. Lead ammunition poses a threat to the condors when the birds eat carrion containing the bullet fragments. Today’s move by Tejon Ranch is the latest effort by the Ranch to help protect the condor, which has historically used portions of Tejon Ranch for foraging and roosting.

Effective with the 2008 hunting season, only non-lead ammunition will be allowed on Tejon Ranch, making it the first major private wildlife management program in the state to voluntarily require the use of non-lead ammunition. It covers all lead ammunition used in hunting. Tejon Ranch Company worked closely with the U.S. Fish & Wildlife Service, California Department of Fish & Game, Audubon California and several hunting and environmental organizations to design the new regulation.

“Twenty-five years ago the world”s population of California condors was only 23 birds,” said Steve Thompson, Regional Director of the U.S. Fish and Wildlife Service. “Today, through the efforts of many, 70 condors fly freely above California. Today”s historic decision by Tejon Ranch to eliminate lead from its hunting program is a major step forward in our efforts to recover this magnificent bird.”

“Tejon”s actions today not only protect the California condor from lead ammunition poisoning on the Ranch, but also demonstrate statewide that hunting and the protection of endangered species can go hand-in-hand,” said Joel Reynolds, Senior Attorney and Director of the Natural Resources Defense Council’s Urban Program. “NRDC applauds Tejon for its leadership on this issue, and we urge the State of California to take similar common sense action to protect this unique and highly endangered bird throughout its territory.”

“Requiring non-lead ammunition is the next step in Tejon Ranch”s ongoing efforts to protect the California condor, which started in the early 1980s when the Condor Recovery Team used Ranch land to capture some of the last remaining condors for the captive breeding program,” said Robert A. Stine, President and Chief Executive Officer of Tejon Ranch Company. “We have a 170-year history of stewardship on the Ranch, which means when we learn a better way to manage our land’s resources, we adapt. New studies make the risk imposed by lead ammunition very evident, so we decided to take the lead on this issue and discontinue the use of lead ammo on Tejon Ranch.”

The requirement to use non-lead ammunition will go into affect with the start of the 2008 hunting season, which will allow hunters time to obtain and test non-lead alternatives. From that point forward, all hunters allowed on the property through Tejon Ranch’s Wildlife Management Programs will be required to certify that they are using only non-lead ammunition; violators will be banned from hunting on the property.

More than 1,800 hunters come to Tejon Ranch each year to hunt such animals as deer, elk, antelope, wild pigs, wild turkey, coyotes, squirrels, pigeons, doves and quail.

“Kudos from Audubon to the Tejon Ranch for not only making the right decision, but for its leadership role in ending the use of lead ammunition on the ranch,” said Glenn Olson, Vice President and Executive Director for Audubon California. “As California”s largest private landowner, Tejon Ranch and its decision today highlights the role private landowners can play in conservation.”