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 January 31, 2003 (the "Report")
each of the undersigned does hereby certify that, to the best of his knowledge
and subject to the resolution of the matter discussed in Note 2 to the financial
statements:
(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 operations 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 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 Messrs. Wall and 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.