CapLease Declares Second Quarter Dividends

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.

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

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