SOURCE: W. P. Carey & Co. LLC

May 03, 2005 09:53 ET

W. P. Carey & Co. Reschedules First Quarter Earnings Release

Webcast and Conference Call Rescheduled for Thursday, May 5th at 2:00 PM ET

NEW YORK, NY -- (MARKET WIRE) -- May 3, 2005 -- Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that it will reschedule the release of its financial results for the first quarter 2005 until 1:30 PM, Thursday, May 5, 2005. The Company also announced that its conference call and webcast would be rescheduled for 2:00 PM Thursday, May 5, 2005. PLEASE NOTE NEW CALL-IN NUMBERS BELOW:

Date:            Thursday, May 5, 2005

Start Time:      2:00 PM (ET)

Call-in Number:  1-800-310-6649  (International) 719-457-2693

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

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

Access code:     4427453

Webcast:         www.wpcarey.com

Speakers:        Chairman Wm. Polk Carey, Chief Executive Officer and
                 President Gordon F. DuGan, Chief Financial Officer
                 John J. Park and Chief Operating Officer
                 Thomas E. Zacharias.

Format:          Discussion of first quarter 2005 financial results
                 followed by Q&A.
Founded in 1973, W. P. Carey & Co. LLC is a global investment firm concerned with assisting corporations with various forms of long-term financing. The Company also provides asset management services to the Corporate Property Associates (CPA®) series of income-generating, publicly held non-traded real estate investment trusts (REITs). With $3.5 billion in equity capital, the W. P. Carey Group is one of the leading providers of net lease financing for corporate properties worldwide. The Group owns more than 700 commercial and industrial properties worldwide, representing more than 90 million square feet, valued at approximately $7 billion.

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