Realty Income Names John P. Case as Co-President

  Realty Income Names John P. Case as Co-President

           Sumit Roy Named Executive Vice President / Acquisitions

Business Wire

ESCONDIDO, Calif. -- March 1, 2013

Realty Income Corporation (Realty Income), The Monthly Dividend Company^®,
(NYSE:O), today announced that John P. Case has been named Co-President of
Realty Income. John will also continue as Chief Investment Officer and will
join Co-President and Chief Operating Officer, Gary Malino, in running the
day-to-day operations of the company. Mr. Case will oversee all of the
company’s investment activities, capital markets, finance and accounting,
corporate communications and investor relations functions. He will also join
Mr. Malino in working with Chief Executive Officer, Tom A. Lewis, on the
company’s long-term corporate strategy and operational structure.

Since joining Realty Income three years ago as Executive Vice President and
Chief Investment Officer, Mr. Case has been responsible for implementing the
company’s expanded acquisitions strategy focused on increasing the size,
quality and diversity of its real estate portfolio. During this period, the
company has acquired 1,288 single-tenant, net-leased properties, for
approximately $6 billion, leased to 113 corporate tenants in 38 targeted
industries. This growth has meaningfully increased the diversification of
Realty Income’s portfolio, while increasing the percentage of rental revenue
generated by investment-grade tenants from 0 to 34%.

Prior to joining Realty Income, John was a real estate investment banker in
New York, for 19 years, and most recently was Co-Head of Real Estate
Investment Banking for RBC Capital Markets, where he also served on the firm’s
Global Investment Banking Management Committee. Additionally, John was Co-Head
of Americas Real Estate Investment Banking at UBS, from 2006 to 2009. He began
his career in Real Estate Investment Banking at Merrill Lynch, where he worked
for 15 years, and was named a Managing Director in 2000. During John’s career,
he has been responsible for more than $100 billion in real estate capital
markets and advisory transactions. John graduated from Washington and Lee
University in 1986 with a Bachelor of Arts degree in Economics, and the Darden
School of Business at the University of Virginia with a Master of Business
Administration degree in 1992.

Mr. Case has been extensively involved in the broader real estate industry,
having served as an Associate on the National Association of Real Estate
Investment Trusts (NAREIT) Board of Governors, as a member of the Board of
Directors of the National Multi-Housing Council (NMHC) from 2001 to 2009,
where he served on the Executive Committee from 2002 to 2004. He is also a
member of The President’s Council of The Real Estate Roundtable, the Urban
Land Institute (ULI), and the International Council of Shopping Centers
(ICSC).

In addition, Realty Income announced that Sumit Roy has been named Executive
Vice President, Acquisitions. In this role, Mr. Roy will assume the day-to-day
responsibility of implementing the company’s acquisition strategy. Mr. Roy
most recently was Senior Vice President, Acquisitions and is responsible for
working on the large property portfolio acquisitions that have made up the
bulk of the company’s recent property purchases.

Prior to joining the company in 2011, Mr. Roy was a New York-based investment
banker serving as Executive Director in the Global Real Estate, Lodging &
Leisure Group for UBS Investment Bank, where he covered real estate companies
(including Realty Income) in the United States, and executed transactions in
Argentina, Australia, Brazil and Mexico. Prior to his tenure at UBS, he held
positions as Manager, Corporate Finance for MeadWestvaco; Associate,
Technology Investment Banking at Merrill Lynch; and as a Principal at Cap
Gemini. Mr. Roy holds both a bachelor’s and a master’s degree in Computer
Science, and an MBA from the University of Chicago, Booth School of Business.

The company also announced that Janeen S. Bedard has been promoted to
Associate Vice President, Assistant to the Chief Executive Officer for
Strategic Planning. In her new role, Ms. Bedard will work with CEO Tom Lewis
and Co-Presidents Gary Malino and John Case on the company’s strategic and
operational planning process. Ms. Bedard joined Realty Income in 2006 and has
served in a variety of capacities, including Real Estate Research, Property
Management and Leasing. Janeen holds a Bachelor of Business Administration
degree from the University of Southern California and will join the 2013 Cross
Continent MBA class at Duke University’s Fuqua School of Business.

Commenting on the promotions, Chief Executive Officer Tom A. Lewis said, “We
are extremely pleased to announce these promotions that further strengthen the
company’s executive management team. Gary Malino and I look forward to working
with John Case as we fine tune our strategic and operational plans during a
period of rapid growth for the organization. John’s voice and vision will be
an important part of the company’s future and, in his new role, we believe he
will be able to have a meaningful impact on all facets of the business for
many years to come. We are also very pleased to give additional responsibility
to both Mr. Roy and Ms. Bedard. Both Sumit and Janeen bring a keen intellect,
a passion for the business, and a history of exceptional performance to their
new roles.”

Realty Income is The Monthly Dividend Company^®, a New York Stock Exchange
real estate company dedicated to providing shareholders with dependable
monthly income. As of February 15, 2013, the company had paid 511 consecutive
monthly dividends throughout its 44-year operating history. The monthly income
is supported by the cash flows from over 3,500 properties owned under
long-term lease agreements with 202 leading regional and national commercial
enterprises. The company is an active buyer of net-leased properties
nationwide. Additional information about the company can be obtained from the
corporate website at www.realtyincome.com or www.twitter.com/realtyincome.

Note to Editors: Realty Income press releases are available at no charge by
calling our toll-free investor hotline number: 888-811-2001, or through the
Internet at http://www.realtyincome.com/Investing/News.html.

Contact:

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