American Realty Capital Trust Reminds Stockholders to Vote "FOR" the Realty Income Merger at the January 16, 2013 Special

 American Realty Capital Trust Reminds Stockholders to Vote "FOR" the Realty
            Income Merger at the January 16, 2013 Special Meeting

Deadline for Voting by Internet or Telephone is Tuesday, January 15 at 11:59
p.m. ET

PR Newswire

NEW YORK, Jan. 14, 2013

NEW YORK, Jan. 14, 2013 /PRNewswire/ --American Realty Capital Trust, Inc.,
(NASDAQ: ARCT) ("ARCT" or the "Company") today reiterated its recommendation
that all ARCT stockholders vote "FOR" the proposal to approve the merger with
Realty Income Corporation (NYSE: O) ("Realty Income") and the other
transactions contemplated by the merger agreement at the Company's Special
Meeting of Stockholders scheduled for Wednesday, January 16, 2013.
Stockholders can vote by:

  oTelephone. Call toll free: (800) 690-6903. Stockholders must have their
    control number in hand. Follow the instructions provided.
  oInternet. Log onto the website: www.proxyvote.com. Stockholders must have
    their control number in hand. Follow the instructions provided.

(Logo: http://photos.prnewswire.com/prnh/20120529/NY15153LOGO)

If a stockholder has previously voted against the transaction, they can still
change their vote. A later-dated vote cast via the Internet, by telephone or
a later-dated signed proxy card voting FOR the merger will cancel any previous
vote. ARCT recommends that stockholders use the Internet and telephone voting
options as time is short to the meeting date.

"We are encouraged by the support we have received from our stockholders in
favor of the transaction, and look forward to completing the merger shortly,"
said William M. Kahane, Chief Executive Officer and President of ARCT. "We
strongly believe that the merger with Realty Income achieves the highest
attainable value for our stockholders and also allows them to participate in
the potential upside of the combined company."

As previously announced on January 9, 2013, Institutional Shareholder Services
("ISS") recommends that ARCT stockholders vote FOR its proposed merger with
Realty Income. In making its recommendation, ISS highlighted that:

"As the significant increase in expected dividends per O share, which
fundamental analysis suggests should bolster O share prices, will likely have
the effect of strengthening the merger's primary currency, moreover, ARCT
shareholders can reasonably expect that the full market value of the
consideration they receive will continue to improve as the market recognizes
this increase in the value provided by O shares."*

As previously announced on January 7, 2013, ARCT and Realty Income signed an
amendment to the previously announced definitive merger agreement (the "Merger
Agreement") under which Realty Income will now pay ARCT stockholders a
one-time cash payment of $0.35 per share in addition to the existing fixed
exchange ratio of 0.2874 Realty Income shares for each share of ARCT common
stock that they own. The additional cash consideration of $0.35 per share
totals approximately $55.5 million in additional proceeds for the ARCT
stockholders, of which approximately $52.5 million is being funded by Realty
Income and $3.0 million by AR Capital LLC. The transaction is expected to
close in January 2013, following a vote by the stockholders of both companies.

Realty Income also announced its intention, upon closing of the merger, to
increase its annualized dividend to Realty Income stockholders by $0.35 per
share to an annualized rate of $2.17 per share beginning with the February
2013 distribution. This represents a $0.22 per share increase to the original
dividend increase of $0.13 per share that Realty Income estimated when the
transaction was initially announced.

All other terms and conditions remain the same as those set out in the Merger
Agreement as described in detail in the definitive proxy mailed to Realty
Income and ARCT stockholders on December 6, 2012 and available on
www.sec.gov. Stockholders are encouraged to read the definitive proxy
statement in its entirety, as it provides, among other things, a detailed
discussion of the process that led to the proposed merger and the reasons
behind the board of directors' recommendation that stockholders vote "FOR" the
proposed merger with Realty Income.

A Special Meeting of ARCT 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 January 16, 2013 at 9:00 AM ET, at The Core
Club located at 66 East 55th Street, New York, New York, 10022. Stockholders
of record of the Company as of December 6, 2012, will be entitled to vote at
the Special Meeting.

Whether or not stockholders are able to attend the Special Meeting in person,
the board urges all stockholders to vote "FOR" the proposed merger with Realty
Income. Internet and telephone voting options are available and easy to follow
instructions may be found in the proxy. Even if stockholders have already
voted against the transaction, they can still change their vote. Signing a
proxy card today cancels any card previously signed and returned. Only the
latest dated proxy, Internet or telephone vote counts. Stockholders who have
any questions or need assistance voting their shares should call the Company's
proxy solicitor, D.F. King & Co., Inc., toll free at 1‐800‐714‐3305.

* Permission to use quotation was neither sought nor obtained.

About the Company
American Realty Capital Trust, Inc., a publicly traded Maryland corporation
listed on The NASDAQ Global Select Market under the trading symbol "ARCT", is
a leading self‐administered real estate company that owns and acquires single
tenant free standing commercial real estate properties that are primarily net
leased on a long‐term basis to investment grade rated and other creditworthy
tenants. Additional information about the Company can be found on the
Company's website at www.arctreit.com.

Additional Information and Where to Find It
In connection with the proposed merger, the Company and Realty Income have
filed a definitive proxy statement with the SEC on December6, 2012 and
commenced mailing the definitive proxy statement and a form of proxy to the
stockholders of the Company. BEFORE MAKING ANY VOTING DECISION, INVESTORS ARE
URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED MERGER
CAREFULLY AND IN ITS ENTIRETY BECAUSE THE PROXY STATEMENT CONTAINS IMPORTANT
INFORMATION ABOUT THE PROPOSED MERGER. Investors will be able to obtain,
without charge, a copy of the definitive proxy statement and other relevant
documents filed with the SEC from the SEC's website at http://www.sec.gov.
Copies of the documents filed by the Company with the SEC are also available
free of charge on the Company's website at http://ir.arctreit.com, and copies
of the documents filed by Realty Income with the SEC are available free of
charge on Realty Income's website at http://www.realtyincome.com.

Participants in Solicitation
The Company, Realty Income and their respective directors and executive
officers may be deemed to be participants in the solicitation of proxies from
the Company's and Realty Income's stockholders in respect of the proposed
merger. Information regarding the Company's directors and executive officers
can be found in the Company's definitive proxy statement filed with the SEC on
May 21, 2012. Information regarding Realty Income's directors and executive
officers can be found in Realty Income's definitive proxy statement filed with
the SEC on March 30, 2012. Stockholders may obtain additional information
regarding the interests of the Company and its directors and executive
officers in the proposed merger, which may be different than those of the
Company's stockholders generally, by reading the definitive proxy statement
filed in connection with the proposed merger with the SEC on December6, 2012
and other relevant documents regarding the proposed merger filed with the SEC.
These documents are available free of charge on the SEC's website and from the
Company or Realty Income, as applicable, using the sources indicated above.

Forward-Looking Statements
Information set forthherein (including information included or incorporated
by reference herein) contains "forward-looking statements" (as defined in
Section 21E of the Securities Exchange Act of 1934, as amended), which reflect
the Company's and Realty Income's expectations regarding future events. The
forward-looking statements involve a number of risks, uncertainties and other
factors that could cause actual results to differ materially from those
contained in the forward-looking statements. Such forward-looking statements
include, but are not limited to whether and when the transactions contemplated
by the merger agreement will be consummated, the new combined company's plans,
market and other expectations, objectives, intentions and other statements
that are not historical facts.

The following additional factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: the ability of
the Company and Realty Income to obtain the stockholder approvals required to
consummate the proposed merger; unexpected costs or unexpected liabilities
that may arise from the transaction, whether or not consummated; the inability
to retain key personnel; continuation or deterioration of current market
conditions; future regulatory or legislative actions that could adversely
affect the companies; and the business plans of the customers of the
respective parties. Additional factors that may affect future results are
contained in the Company's and Realty Income's filings with the SEC, which are
available at the SEC's website at www.sec.gov. The Company and Realty Income
disclaim any obligation to update and revise statements contained in these
materials based on new information or otherwise.

SOURCE American Realty Capital Trust, Inc.

Website: http://www.arctreit.com
Website: http://www.realtyincome.com
Contact: Brian D. Jones, CFO & Treasurer, American Realty Capital Trust, Inc.,
+1-646-937-6900, Investors, Thomas Germinario, or Richard Grubaugh, D.F. King
& Co., Inc., +1-212-269-5550, Media, Averell Withers, or Jamie Moser, or
Matthew Sherman, Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449
 
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