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Centerline Holding Company Announces Conference Call to Discuss Third Quarter 2008 Financial Results


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© Business Wire 2008
2008-11-11 03:19:01 -

www.centerline.com - Centerline Holding Company (NYSE:CHC) (the "Company"), the parent company of Centerline Capital Group, today announced that it will release financial results for the third quarter ended September 30, 2008 on Thursday, November 13, 2008.

Management will conduct a conference call to review the Company's financial results at 10:00 a.m. Eastern Time on Thursday, November 13, 2008. Investors, brokers, analysts, and shareholders wishing to participate should call (800) 896-8445. A webcast of the presentation will be available live and can be accessed through the Company's website, www.centerline.com. To listen to the presentation via webcast, please go to our website's "Investor Relations" section at least 15 minutes prior to the start of the presentation. For interested individuals unable to

join the conference call, a replay of the call will be available through Tuesday, November 18, 2008 at (888) 203-1112 (Passcode 2885481) or on our website.

About the Company

Centerline Capital Group, a subsidiary of Centerline Holding Company (NYSE:CHC), is an alternative asset manager focused on real estate funds and financing. As of June 30, 2008, Centerline had more than $14 billion of assets under management. Centerline is headquartered in New York, New York and has nine offices throughout the United States. For more information, please visit Centerline's website at www.centerline.com or contact the Company directly at (800) 831-4826.

Certain statements in this document may constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include the potential for the Company to be considered below criteria with respect to other NYSE listing standards and the possible delisting of the Company's shares if the Company's plan for bringing it in compliance with the listing standards is not accepted by the NYSE. Other risks and uncertainties are detailed in Centerline Holding Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, and include, among others, adverse changes in real estate markets, general economic and business conditions; adverse changes in credit markets and risks related to the form and structure of our financing arrangements; our ability to generate new income sources, raise capital for investment funds and maintain business relationships with providers and users of capital; changes in applicable laws and regulations; our tax treatment, the tax treatment of our subsidiaries and the tax treatment of our investments; competition with other companies; risk of loss from direct and indirect investments in commercial mortgage-backed securities and collateralized debt obligations; risk of loss under mortgage banking loss sharing agreements; and risks associated with providing credit intermediation. Words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements speak only as of the date of this document. Centerline Holding Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Centerline Holding Company's expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

Centerline Holding Company, New York
Hande Tuney, Investor Relations, 800-831-4826


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