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American Realty Capital Properties And American Realty Capital Trust III File Definitive Proxy Materials For Proposed Transactions

NEW YORK, Jan. 22, 2013 /PRNewswire/ --  American Realty Capital Properties, Inc. ("ARCP") (NASDAQ: ARCP) and American Realty Capital Trust III, Inc. ("ARCT III") announced today that they have filed with the Securities and Exchange Commission ("SEC"), and commenced mailing to all their respective stockholders, a definitive joint Proxy Statement / Prospectus regarding the previously announced acquisition of ARCT III by ARCP.

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A special meeting of ARCP stockholders to consider and vote on a proposal to approve the issuance of shares of ARCP common stock to the stockholders of ARCT III pursuant to the merger agreement has been scheduled for 9:00am ET on February 26, 2013 at The Core Club located at 66 East 55 th Street, New York, NY 10022.  A special meeting of ARCT III stockholders to consider and vote on the proposal to approve the merger and the other transactions contemplated by the merger agreement has been scheduled for 11:00am ET on February 26, 2013 at The Core Club located at 66 East 55 th Street, New York, NY 10022.  Stockholders of record as of January 4, 2013 will be entitled to vote at the special meetings and will receive the definitive proxy materials to register their vote.

The board of directors of ARCP unanimously recommends that ARCP stockholders vote FOR the proposal to approve the issuance of shares of ARCP common stock to ARCT III stockholders pursuant to the merger agreement and the board of directors of ARCT III unanimously recommends that ARCT III stockholders vote FOR the proposal to approve the merger and the other transactions contemplated by the merger agreement on the proxy card provided in the proxy materials.  The affirmative vote of holders of a majority of ARCP's votes cast on the proposal, provided that the total votes cast on the proposal represent at least a majority of the outstanding shares of ARCP common stock, is required to approve the issuance of shares of ARCP common stock to the stockholders of ARCT III pursuant to the merger agreement.  The affirmative vote of holders of a majority of ARCT III's outstanding shares entitled to vote is required to approve the merger and the other transactions contemplated by the merger agreement.

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