EXHIBIT 99.1
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350
AS ENACTED BY SECTION 906 OF
THE SARBANES-OXLEY ACT OF 2002
In connection with the accompanying Quarterly Report of AMREP Corporation
(the "Company") on Form 10-Q for the period ending October 31, 2002 (the
"Report"), each of the undersigned does hereby certify that, to the best of his
knowledge:
(1) The Report fully complies with the requirements of Section 13(a) of the
Securities Exchange Act of 1934, as amended; and
(2) The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operation of the
Company.
/S/ Peter M. Pizza
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Peter M. Pizza
Title: Chief Financial Officer
/S/ Michael P. Duloc
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Michael P. Duloc
Title: *
/S/ James Wall
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James Wall
Title: *
________________________
* The Company is a holding company which does substantially all of its
business through two wholly-owned subsidiaries (and their subsidiaries).
Those wholly-owned subsidiaries are AMREP Southwest Inc. ("ASW") and Kable
News Company, Inc. ("Kable"). Mr. Wall is the principal executive officer
of ASW, and Mr. Duloc is the principal executive officer of Kable. The
Company has no chief executive officer and its only executive officers are
James Wall and Peter M. Pizza. Mr. Wall is a Senior Vice President of the
Company and Mr. Pizza is a Vice President and Chief Financial Officer of
the Company.