Urstadt Biddle Properties (UBA) 8-K Other Events

                         URSTADT BIDDLE PROPERTIES INC.
        STATEMENT SETTING FORTH COMPUTATION SHOWING THE RATIO OF EARNINGS
             TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
                             (DOLLARS IN THOUSANDS)

<TABLE>

                                       SIX MONTHS ENDED APRIL 30                       YEAR ENDED OCTOBER 31,
                                      --------------------------- ------------------------------------------------------------
                                         2005            2004        2004       2003        2002          2001        2000
                                        ACTUAL          ACTUAL      ACTUAL     ACTUAL      ACTUAL        ACTUAL      ACTUAL
                                      -----------      ---------- ---------- ---------- ------------  ----------- ------------

Income from continuing operations (a)   $ 11,975         $11,874     $22,954    $19,800    $13,971      $ 9,074    $ 7,144
Add:
     Interest expense                      4,322           3,999       8,113      8,094      5,584        4,456      4,245
                                      -----------      ---------- ---------- ---------- ------------  ----------- ------------
     TOTAL EARNINGS                     $ 16,297         $15,873     $31,067    $27,894    $19,555      $13,530    $11,389
                                      -----------      ---------- ---------- ---------- ------------  ----------- ------------
Fixed Charges
      Interest Expense                  $  4,322         $ 3,999     $ 8,113    $ 8,094    $ 5,584      $ 4,456    $ 4,245
      Preferred Stock Dividends            2,473           2,374       4,749      2,794      1,498        3,147      3,147
                                      -----------      ---------- ---------- ---------- ------------  ----------- ------------
      TOTAL FIXED CHARGES               $  6,795         $ 6,373     $12,862    $10,888    $ 7,082      $ 7,603    $ 7,392
                                      -----------      ---------- ---------- ---------- ------------  ----------- ------------
RATIO                                       2.40            2.49        2.42       2.56       2.76         1.78       1.54

- ------------------------------------------------------------------------------------------------------------------------------
</TABLE>

(a)  In November 2004, the Company sold a shopping center that met the criteria
     established by the Financial Accounting Standards Board's Statement of
     Financial Accounting No. 144 "Accounting for the Impairment or Disposal of
     Long Lived Assets" ("FAS 144") to be included in discontinued operations.
     In accordance with FAS 144, the results of operations of the shopping
     center are included in discontinued operations. Income from continuing
     operations for the periods above reflect the reclassification of the net
     income attributable to this property from continuing operations to
     discontinued operations.


<