NEW YORK, NY, June 8, 2006 – Investment firm W. P. Carey & Co. LLC (NYSE: WPC) and its affiliated Corporate Property Associates (CPA®) series of income generating real estate funds (“the W. P. Carey Group”), announced today the distributions for each company for the quarter ending June 30, 2006.
The W. P. Carey Group’s second quarter distributions are payable on July 14, 2006 to shareholders of record as of June 30, 2006.
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W. P. Carey & Co. LLC’s distribution increased to $.454 per share.
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CPA®:16 – Global’s distribution increased to $0.1588 per share.
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CPA®:15’s distribution increased to $0.1624 per share.
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CPA®:14’s distribution increased to $0.1929 per share.
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CPA®:12’s distribution remained at $0.2067 per share.
W. P. CAREY & CO. LLC
Founded in 1973, W. P. Carey & Co. LLC is a leading global real estate investment firm. The Company provides asset management services to its CPA® series of income generating real estate funds. With over $4 billion in equity capital, the W. P. Carey Group is one of the largest providers of net lease financing for corporations worldwide. The Group owns more than 700 commercial and industrial properties in 13 countries, representing over 95 million square feet, valued at approximately $8 billion. www.wpcarey.com
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This press release contains forward-looking statements within the meaning of the Federal securities laws. A number of factors could cause the company’s actual results, performance or achievement to differ materially from those anticipated. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for commercial properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or that costs may be greater than anticipated. For further information on factors that could impact the company, reference is made to the company’s filings with the Securities and Exchange Commission.
