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W. P. Carey & Co. to Host Annual Shareholder Meeting Conference Call and Webcast, Tuesday, June 10th

June 03, 2003

NEW YORK, NY - June 3, 2003 - Investment firm W. P. Carey & Co. LLC (NYSE:WPC - News) announced today that it will host its 2003 Annual Shareholder Meeting conference call and webcast on Tuesday, June 10, 2003.

Conference call and webcast details:

Date: Tuesday, June 10, 2003

Start Time: 10:30 AM (EST)

Call-in Number: 800-915-4836 (International) 973-317-5319

Replay Number: 800-428-6051(International) 973-709-2089

Access code: 294273

Webcast: www.wpcarey.com

Speakers: Chairman Wm. Polk Carey, President Gordon F. DuGan and Chief Financial Officer John J. Park

Founded in 1973, W. P. Carey & Co. specializes in corporate real estate financing through the corporate net lease or sale-leaseback structure. The firm and its affiliated REITs continue to be leading lessors of net-leased corporate real estate. The largest publicly traded limited liability company in the world, W. P. Carey owns and/or manages more than 550 commercial and industrial properties throughout the United States and Europe comprised of more than 75 million square feet.

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