Realty Income Prices $800 Million of Senior Unsecured Notes Due 2018 and 2022

  Realty Income Prices $800 Million of Senior Unsecured Notes Due 2018 and
  2022

Business Wire

ESCONDIDO, Calif. -- October 02, 2012

Realty Income Corporation (Realty Income), The Monthly Dividend Company^®,
(NYSE:O), today announced the pricing of $350 million of 5-year 2.00% fixed
rate Notes, dueJanuary 31, 2018, and $450 million of 10-year 3.25% fixed rate
Notes, due October 15, 2022. The public offering price for the 5-year notes
was 99.910% of the principal amount for an effective yield to maturity of
2.017%. The public offering price for the 10-year notes was 99.382% of the
principal amount for an effective yield to maturity of 3.323%. The net
proceeds from the offering will be used to repay borrowings outstanding on the
Company’s $1.0billion acquisition credit facility, and any remaining proceeds
will be used for general corporate purposes, which may include additional
property acquisitions.

The joint-book running managers for the offering are Citigroup, BofA Merrill
Lynch, BNY Capital Markets, LLC, J.P. Morgan, RBC Capital Markets, US Bancorp
and Wells Fargo Securities. The senior co-managers for the offering are BB&T
Capital Markets, Credit Suisse, Mitsubishi UFJ Securities and PNC Capital
Markets, LLC. The co-managers are Capital One Southcoast, Comerica Securities,
Moelis & Company, and Raymond James.

A copy of the prospectus supplement and prospectus related to this offering
may be obtained by contacting Citigroup Global Markets Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone
(toll-free): 1-800-831-9146 or email: batprospectusdept@citi.com, Merrill
Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 7th Floor, New York,
NY 10038, Attention: Prospectus Department, telephone (toll-free):
1-800-294-1322 or email: dg.prospectus_requests@baml.com, or Wells Fargo
Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North
Carolina 28262, Attention: Capital Markets Client Support, telephone
(toll-free) 1-800-326-5897 or email: cmclientsupport@wellsfargo.com.

These securities are offered pursuant to a Registration Statement that has
become effective under the Securities Act. These securities are only offered
by means of the prospectus included in the Registration Statement and the
prospectus supplement related to the offering. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any offer or sale of these securities in any state or other
jurisdiction where the offer, solicitation, or sale of these securities would
be unlawful.

Forward-Looking Statements

Statements in this press release, which are not strictly historical, are
“forward-looking” statements. Forward-looking statements involve known and
unknown risks, which may cause the Company’s actual future results to differ
materially from expected results. These risks include, among others, risks
associated with the proposed acquisition of American Realty Capital Trust,
Inc., general economic conditions, local real estate conditions, the
availability of capital to finance planned growth, property acquisitions and
the timing of these acquisitions, charges for property impairments, the
outcome of any legal proceedings to which the Company is a party, as described
in the Company’s filings with the Securities and Exchange Commission.
Consequently, forward-looking statements should be regarded solely as
reflections of the Company’s current operating plans and estimates. Actual
operating results may differ materially from what is expressed or forecast in
this press release. The Company undertakes no obligation to publicly release
the results of any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date these statements were
made.

Contact:

Realty Income Corporation
Tere H. Miller
Vice President, Corporate Communications
(760) 741-2111, ext. 1177