CapLease Declares Second Quarter Dividends

  CapLease Declares Second Quarter Dividends

Business Wire

NEW YORK -- June 12, 2013

CapLease, Inc. (NYSE: LSE)  announced today that its Board of Directors has
declared a cash dividend of $0.0775 per share of common stock and per limited
partnership unit for the second quarter of 2013.

The Company’s Board of Directors also declared a cash dividend of $0.5078125
per share of 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE:
LSEPrA), a cash dividend of $0.5234375 per share of 8.375% Series B Cumulative
Redeemable Preferred Stock (NYSE: LSEPrB), and a cash dividend of $0.453125
per share of 7.25% Series C Cumulative Redeemable Preferred Stock (NYSE:
LSEPrC), all for the second quarter of 2013.

Both the common and the preferred dividends are payable on July 15, 2013 to
stockholders of record as of June 28, 2013.

About the Company:

CapLease, Inc. is a real estate investment trust, or 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.

Contact:

Investor Relations
Brad Cohen, 212-217-6393
bcohen@icrinc.com
 
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