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W. P. Carey & Co. LLC Increases Second Quarter Distribution



2009-06-11 20:41:04 -

NEW YORK, NY -- (Marketwire) -- 06/11/09 -- Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that its Board of Directors has increased the Company's quarterly cash distribution to $0.498 per share for the quarter ending June 30, 2009. The distribution is payable on July 15, 2009 to shareholders of record as of June 30, 2009. W. P. Carey has raised its dividend every year since it went public and for each of the past 33 quarters.



W. P. Carey & Co. LLC


W. P. Carey & Co. LLC is an investment firm that provides long-term sale-leaseback and build-to-suit financing for companies worldwide and manages a global investment portfolio approaching $10 billion. Publicly traded on the New York Stock Exchange (WPC), W. P. Carey and its CPA® series of income-generating, non-traded REITs help companies and private equity firms release capital tied up in real estate assets. The W. P.
Carey Group's investments are highly diversified, comprising contractual agreements with approximately 300 long-term corporate obligors spanning 28 industries and 14 countries. www.wpcarey.com : www.wpcarey.com


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 office and industrial 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.

COMPANY CONTACT:
Kristina McMenamin
W. P. Carey & Co. LLC
212-492-8995
Email Contact : www2.marketwire.com/mw/emailprcntct?id=83B639AF912576D0

PRESS CONTACT:
Guy Lawrence
Ross & Lawrence
212-308-3333
Email Contact : www2.marketwire.com/mw/emailprcntct?id=79F03351BC502673




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