SOURCE: W. P. Carey & Co. LLC

W. P. Carey & Co. LLC

December 10, 2010 14:49 ET

W. P. Carey & Co. Revises Payable Date for Its Fourth Quarter 2010 Quarterly Distribution

NEW YORK, NY--(Marketwire - December 10, 2010) - Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that further to its press release dated December 9, 2010 disclosing the Company's quarterly cash distribution of $0.510 per share for the quarter ending December 31, 2010, it has revised the payable date to Friday, January 14, 2011 from January 15, 2011, which falls on a Saturday. The record date remains December 31, 2010.

W. P. Carey & Co. LLC
W. P. Carey & Co. LLC (NYSE: WPC) is an investment management company that provides long term financing to companies worldwide via sale leaseback and build to suit transactions and manages a global investment portfolio of approximately $10 billion. Through its CPA® series of income-generating, non-traded REITs, W. P. Carey helps companies and private equity firms unlock capital tied up in real estate assets. The W. P. Carey Group's investments are highly diversified, comprising contractual agreements with approximately 275 long-term corporate obligors spanning 28 industries and 16 countries.

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.

Contact Information

    Kristina McMenamin
    W. P. Carey & Co. LLC
    Email Contact

    Guy Lawrence
    Ross & Lawrence
    Email Contact