W. P. Carey & Co. LLC To Release First Quarter 2002 Financial Results on April 30th

April 16, 2002

Conference Call and Audio Web-Cast Scheduled for 11:00 am

April 16, 2002

 

NEW YORK, NY – April 16, 2002 – W. P. Carey & Co. LLC (NYSE:WPC), a leading real estate investment banking firm, announced today that it will release financial results for the first quarter 2002 prior to market-open on Tuesday, April 30, 2002. The financial results will be released over First Call, direct fax, electronic mail, W. P. Carey's website and all major wire services.

Conference call and web-cast details:

Date: Tuesday, April 30, 2002

Start Time: 11:00 AM EST

Call-in Number: 800-360-9865
(International) 973-694-6836

Replay Number: 800-428-6051
(International) 973-709-2089

Access code: 238031

Web-cast: ARCHIVED

Speakers: Chairman Wm. Polk Carey, President Gordon F. DuGan and Chief Financial Officer John J. Park.

Format: Discussion of quarterly financial results followed by Q&A.

Founded in 1973, W. P. Carey & Co. specializes in corporate real estate financing through the corporate net lease or sale-leaseback structure. The firm and its affiliates continue to be the leading lessors of net leased corporate real estate in the United States. As the largest publicly traded limited liability company in the world, the company owns and/or manages more than 450 commercial and industrial properties throughout the United States and Europe comprising of more than 55 million-square-feet of space.

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.