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W. P. Carey & Co. To Release Third Quarter 2005 Financial Results on Tuesday, November 1st

Conference Call and Audio Webcast Scheduled for 11:00 AM (EDT)

October 03, 2005

NEW YORK, NY – October 3, 2005 -- Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that it will release its financial results for the third quarter 2005 prior to market-open on Tuesday, November 1, 2005. The financial results will be released via direct fax, electronic mail, W. P. Carey's corporate website and all major wire services.

Date: Tuesday, November 1, 2005

Start Time: 11:00 AM (EDT)

Call-in Number: 1-800- 361-0912
(International) (913) 981-5559

Please call at least 10 minutes prior to call to register.

Replay Number: 1-888-203-1112
(International) 719-457-0820

Access code: 8954603

Webcast: ARCHIVED

Speakers: Chairman Wm. Polk Carey, Chief Executive Officer & President Gordon F. DuGan, Acting Chief Financial Officer Claude Fernandez and Chief Operating Officer Thomas E. Zacharias.

Format: Discussion of third quarter 2005 financial results followed by Q&A.

Founded in 1973, W. P. Carey & Co. is a leading global investment firm that has long served as the pre-eminent provider of sale-leaseback financing to corporations and private equity firms in the United States and Europe. It owns a portfolio of net-leased real estate assets and provides asset management services to the Corporate Property Associates (CPA®) series of income-generating real estate investment funds. The Company currently owns or manages over 650 commercial and industrial properties worldwide, representing approximately 90 million square feet and valued at more than $7.4 billion.

Featured Transaction

The New York Times Company
The W. P. Carey Group provided $225 million of sale-leaseback financing to The New York Times Company through the acquisition of approximately 750,000 rentable square feet of its New York City, Renzo Piano-designed headquarters building.

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Case Study

The New York Times Company
The W. P. Carey Group provided $225 million of sale-leaseback financing to The New York Times Company through the acquisition of approximately 750,000 rentable square feet of its New York City, Renzo Piano-designed headquarters building.

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