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American Realty Capital Properties And CapLease Host Conference Call In Connection With Recently Announced Acquisition

NEW YORK, May 28, 2013 /PRNewswire/ --  American Realty Capital Properties, Inc. ("ARCP" or the "Company") (NASDAQ: ARCP) and CapLease, Inc. ("CapLease") (NYSE: LSE) announced today they will host a conference call and webcast to discuss the recent announcement that both companies have signed a definitive merger agreement under which ARCP will acquire all of the outstanding shares of CapLease in a transaction valued at approximately $2.2 billion. The call will take place on Tuesday, May 28, 2013 at 2:00 p.m. E.T. Nicholas S. Schorsch, Chairman and Chief Executive Officer, and Brian S. Block, Chief Financial Officer, of ARCP will be joined by Paul H. McDowell, CapLease's Chairman and Chief Executive Officer, to conduct the call.

(Logo: http://photos.prnewswire.com/prnh/20120529/NY15147LOGO )

Live Conference Call and Webcast Details*    

Tuesday, May 28, 2013 at 2:00 p.m. E.T.     Domestic Dial-In Number: 1- 877-317-6003International Dial-In Number: 1-412-317-6061  Canada Dial-In Number: 1-866-284-3684Conference ID: 1289886Webcast: http://services.choruscall.com/links/arcp130528.html     *Participants should dial in 10-15 minutes early.

Conference Call Replay Details     Domestic Dial-In Number: 1-877-344-7529  International Dial-In Number:  1-412-317-0088  Conference ID: 10029615                                                                  Date Available: May 28, 2013 (one hour after the end of the conference call) to June 5, 2013 at 9:00 AM ET

About ARCP

ARCP is a publicly traded Maryland corporation listed on The NASDAQ Global Select Market that qualified as a real estate investment trust ("REIT") for U.S. federal income tax purposes for the taxable year ended December 31, 2011, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. Additional information about ARCP can be found on its website at www.arcpreit.com. ARCP may disseminate important information regarding ARCP and its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

About CapLease

CapLease is a REIT that primarily owns and manages a diversified portfolio of single tenant commercial real estate properties subject to long-term leases to high credit quality tenants.

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