W. P. Carey (WPC) 8-K W. P. Carey & Co. LLC Supplemental Disclosure Report

Exhibit 99.1        

W. P. Carey & Co. LLC
Supplemental Disclosure Report

For the Year Ended
December 31, 2005

W. P. CAREY & CO. LLC

Supplemental Disclosure Report for the Year ended December 31, 2005

Contents	Page
CORPORATE PROFILE:
Company Overview		4
Full Year and Fourth Quarter Ended December 31, 2005 Results		5
Financial Highlights		6
FINANCIAL ANALYSIS:
Reconciliation of Net Income to FFO and FAD Analysis		8
Debt Structure Analysis		9
Total Capitalization Analysis		10
Revenue Diversification Analysis		11
Revenue Stability Analysis		12
Selected Financial Ratios		13
Portfolio Debt Summary		14
Mortgage Debt Maturity Profile		15
ACQUISITIONS & DISPOSITIONS:
Acquisitions Update		17
Dispositions Update		18
PORTFOLIO ANALYSIS:
Portfolio Diversification Analysis by Rent Contribution		20
Portfolio Diversification Analysis by Property Type		21
Portfolio Diversification Analysis by Tenant Industry		22
Portfolio Diversification Analysis by Geography		23
Portfolio Lease Maturity Analysis		24
EXHIBITS:
Consolidated Balance Sheets	Exhibit A
Consolidated Statements of Income	Exhibit B
Consolidated Statements of Cash Flows	Exhibit C
Quarterly Reconciliation of Net Income to Funds from Operations	Exhibit D
Detailed Property Summary	Exhibit E

CORPORATE PROFILE

SECTION: CORPORATE PROFILE

W. P. CAREY & CO. LLC

Company Overview December 31, 2005

STOCK DATA
Exchanges	NYSE & PCX
Ticker	WPC
Closing Price Range twelve months ended December 31, 2005	$	23.95-$35.52
Listed Shares Outstanding as of December 31, 2005		37,706,247

BANKS
JPMorgan Chase Bank — Administrative Agent
The Bank of New York — Syndication Agent
PNC Bank, N.A. — Syndication Agent
Wells Fargo Bank, N.A. — Syndication Agent
Bank of America, N.A. — Documentation Agent

INDEPENDENT AUDITORS
PricewaterhouseCoopers LLP

RESEARCH COVERAGE
A. G. Edwards & Sons, Inc.

COMPANY CONTACTS
Mark DeCesaris
Managing Director, Acting Chief Financial Officer
Susan C. Hyde
Executive Director, Director of Investor Relations
Gagan Singh
First Vice President, Finance
Ryan Colbert
Analyst, Finance

EXECUTIVE OFFICES
50 Rockefeller Plaza
New York, NY 10020
Tel: 1-800-WPCAREY or (212) 492-1100
Fax: (212) 492-8922
Web Site Address:www.wpcarey.com

Ticker: WPC www.wpcarey.com

4

SECTION: CORPORATE PROFILE

W. P. CAREY & CO. LLC

Full Year & Fourth Quarter Ended December 31, 2005 Results

Financial Results

Net income for the three-month period was $11.5 million, as compared to $4.1 million during the similar period in 2004. Net income for the twelve-month period was $48.6 million, as compared to $65.8 million during 2004. Diluted earnings per share (EPS) for the three-month period were $0.30, as compared to $0.10 during the same period in 2004. Diluted EPS for the twelve-month period were $1.25 versus $1.69 for 2004.

Funds from Operations (FFO) for the three-month period were $0.63 per diluted share, or $24.2 million, as compared to $0.53 per diluted share, or $20.7 million, for the comparable period in 2004. FFO for the twelve-month period were $2.53 per diluted share, or $98.6 million, as compared to $3.47 per diluted share, or $135.1 million, for 2004.

Income from continuing operations for the three-month period was $11.1 million, as compared to $5.7 million during the same period in 2004. For the twelve-month period, income from continuing operations was $42.9 million, as compared to $68.1 million for 2004.

Cash flows from operating activities for the twelve-month period were $52.7 million, as compared to $98.8 million during 2004.

Dividend Increase

The Board of Directors raised the quarterly cash dividend to $0.45 per listed share, from $0.448 per listed share, which was paid on January 15, 2006 to shareholders of record on December 31, 2005.

Annual & Fourth Quarter Investment Highlights

For the fourth quarter of 2005, total investments made by the Company on behalf of its Corporate Property Associates (CPA^®) funds were $87 million, as compared to $55 million during the fourth quarter of 2004. For the fourth quarter of 2005, international transactions accounted for $42 million of the total investment volume, as compared to $31 million during the same period in 2004. Total investments for the twelve-month period were $865 million, as compared to $890 million for 2004. For the twelve-month period, international investments accounted for $468 million of this volume, as compared to $285 million for 2004.

Ticker: WPC www.wpcarey.com

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SECTION: CORPORATE PROFILE

W. P. CAREY & CO. LLC

Financial Highlights
(in thousands, except share and per share data)

	For the Year			For the Year			For the Year
	Ended			Ended			Ended
	December 31, 2005			December 31, 2004			December 31, 2003
Operations
Total Revenues from Continuing Operations	$	174,117		$	222,202		$	154,045
Net Income	$	48,604		$	65,841		$	62,878
Funds From Operations (FFO)	$	98,571		$	135,139		$	105,518
Per Share
FFO (Diluted)	$	2.53		$	3.47		$	2.75
Dividends Declared	$	1.788		$	1.756		$	1.734
Pay Out Ratio (Dividends Declared/FFO)		70.8	%		50.6	%		63.2	%
Weighted Average Listed Shares Outstanding (Diluted)(3)		39,020,801			38,961,748			38,434,169
Balance Sheet	As of 12/31/05			As of 12/31/04			As of 12/31/03
Total Assets	$	983,262		$	1,013,539		$	906,505
Limited Recourse Mortgage Debt(1)	$	231,113		$	190,698		$	180,193
Credit Facility	$	15,000		$	102,000		$	29,000
Shareholders Equity	$	607,468		$	620,651		$	594,787
Stock Data
Price Range	$	23.95-$35.52
Dividend Yield Range		5.00%-7.52	%
Average Trading Volume		39,915
Price/Estimated FFO(2)		9.19

(1)	Excludes pro rata mortgage debt of equity investments in properties leased to Federal Express Corporation, CheckFree Holdings, Inc., Information Resources, Inc., Childtime Childcare, Inc., Hologic, Inc., Carrefour France, SAS, and SICOR, Inc. See the Portfolio Debt Summary on page 14 for details.
(2)	Based on a stock price of $25.65 on March 2, 2006 and 2006 analyst FFO forecast of $2.79.
(3)	Diluted shares outstanding for 2003 were revised from 38,008,762 to 38,434,169.

Ticker: WPC www.wpcarey.com

6

FINANCIAL ANALYSIS

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Reconciliation of Net Income to Funds From Operations (FFO) & FAD Analysis
(in thousands, except share and per share data)

	For the Year			For the Year			For the Year
	Ended			Ended			Ended
	December 31, 2005			December 31, 2004			December 31, 2003
Net income	$	48,604		$	65,841		$	62,878
Gain on sale of real estate		(12,474	)		(92	)		(1,238	)
FFO of equity investees in excess of equity income		10,358			7,010			4,396
Depreciation, amortization, deferred taxes and other non-cash charges		27,094			39,113			34,688
FFO applicable to minority investees in excess of minority income		(602	)		(555	)		(344	)
Straight-line rent adjustment		3,821			1,724			910
Impairment loss on investments		21,770			22,098			3,878
Charge on extinguishment of debt		—			—			350
Funds From Operations (FFO)	$	98,571		$	135,139		$	105,518
Weighted Average Listed Shares Outstanding
Basic		37,688,835			37,417,918			36,566,338
Diluted		39,020,801			38,961,748			38,434,169
FFO per Share
Basic	$	2.62		$	3.61		$	2.89
Diluted	$	2.53		$	3.47		$	2.75
Pay Out Ratio (Dividend/FFO)		70.8	%		50.6	%		63.2	%
Funds From Operations (FFO)		98,571			135,139			105,518
Recurring and non-revenue enhancing capital expenditure		(939	)		(215	)		(100	)
Funds Available For Distribution (FAD)	$	97,632		$	134,924		$	105,418
FAD Per Share
Basic	$	2.59		$	3.61		$	2.88
Diluted	$	2.50		$	3.46		$	2.74
Pay Out Ratio (Dividend/FAD)		71.5	%		50.7	%		63.2	%

W.P. Carey Co. LLC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Debt Structure Analysis
(in thousands)

Debt Structure

®

September 30, 2005
Limited Recourse Mortgage Debt(1)	$	234,727	75	%
Credit Facility		78,000	25	%
Total Debt	$	312,727

December 31, 2005
Limited Recourse Mortgage Debt(1)	$	292,511	95	%
Credit Facility		15,000	5	%
Total Debt	$	307,511

(1) Includes pro rata mortgage debt of equity investments in properties leased to Federal Express Corporation, CheckFree Holdings, Inc., Information Resources, Inc., Childtime Childcare, Inc., Hologic, Inc., Carrefour, SAS, and SICOR, Inc. See the Portfolio Debt Summary on page 14 for details.

W.P. Carey Co. LLC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Total Capitalization Analysis
December 31, 2005
(in thousands)

Total Market Capitalization Analysis
Equity Market Capitalization of Listed Shares(1)	$	967,165	76	%
Limited Recourse Mortgage Debt(2)		292,511	23	%
Credit Facility		15,000	1	%
Total Debt		307,511	24	%
Total Market Capitalization(3)	$	1,274,677	100	%

Total Book Value Capitalization Analysis
Shareholders Equity	$	607,468	66	%
Limited Recourse Mortgage Debt(2)		292,511	32	%
Credit Facility		15,000	2	%
Total Debt		307,511	34	%
Total Book Value Capitalization	$	914,979	100	%

(1)	Stock price of $25.65 is as of the fourth quarter earnings release date of March 2, 2006. Indicated shares outstanding of 37,706,247 is as of December 31, 2005.
(2)	Includes pro rata mortgage debt of equity investments in properties leased to Federal Express Corporation, CheckFree Holdings, Inc., Information Resources, Inc., Childtime Childcare, Inc., Hologic, Inc., Carrefour, SAS, and SICOR, Inc. See the Portfolio Debt Summary on page 14 for details.
(3)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Revenue Diversification Analysis(GAAP Modified)
(in thousands)

Twelve Months Ended
December 31, 2005
Revenues from Real Estate Business(1)	$	90,731	50	%
Revenues from Management Business		90,490	50	%
Total Revenues	$	181,221

Three Months Ended
December 31, 2005
Revenues from Real Estate Business(1)	$	24,476	56	%
Revenues from Management Business		19,006	44	%
Total Revenues	$	43,482

Definitions

(1)	Revenues from Real Estate Business (continuing and discontinued operations) = rental income + interest income from direct financing leases + other interest income + other income + revenues of other business operations.
(2)	Revenues from Management Business = asset management revenue + structuring revenue + reimbursements revenue from CPAÒREITs.

Ticker: WPC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Revenue Stability Analysis(GAAP Modified)
(in thousands except per share data)

			Diluted
	Twelve Months Ended		Per		%
Revenue Type	December 31, 2005		Share		Change
Rents(1)	$	84,102	$	2.16
Management revenue(2)		64,676	$	1.66
Rents and Management Revenue(3)		148,779	$	3.82		82	%
Structuring revenue		25,814	$	0.66
Other income		6,628	$	0.17
Structuring Revenue & Other Income		32,442	$	0.83		18	%
Total(3)	$	181,221	$	4.64

			Diluted
	Three Months Ended		Per		%
Revenue Type	December 31, 2005		Share		Change
Rents(1)	$	20,881	$	0.54
Management revenue(2)		16,086	$	0.42
Rents and Management Revenue		36,967	$	0.96		85	%
Structuring revenue		2,920	$	0.08
Other income		3,595	$	0.09
Structuring Revenue & Other Income		6,515	$	0.17		15	%
Total(3)	$	43,482	$	1.12

(1)	Rents (continuing and discontinued operations) = rental income + interest income from direct financing leases + other interest income + revenues of other business operations.
(2)	Management revenues include management and performance revenues earned from CPAÒ REITs under management as well as reimbursements of expenses.
(3)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Selected Financial Ratios Analysis
December 31, 2005

	For the Twelve Months			For the Twelve Months			For the Twelve Months
	Ended			Ended			Ended
Financial Strength	December 31, 2005			December 31, 2004			December 31, 2003
Leverage
Recourse debt/Book value of equity		2.5	%		16.5	%		4.9	%
Total debt/Total market capitalization		31.8	%		28.3	%		20.0	%
Total debt/EBITDA		2.41			1.95			2.26
FFO/Total debt		32.1	%		38.2	%		38.9	%
Coverage
EBITDA/Total interest expense		6.00			9.67			7.95
Fixed charge coverage ratio		4.08			6.34			5.08
FFO/Total interest expense		4.63			6.34			6.98
Valuation Ratios
Price/Earnings		20.52			19.73			17.99
Price/FFO		10.14			9.61			10.73
Price/Revenues		5.52			5.52			6.71
Price/Book Value of Equity		1.59			2.02			1.82
Per Share Data
Earnings	$	1.25		$	1.69		$	1.64
FFO	$	2.53		$	3.47		$	2.75
Revenues	$	4.64		$	6.04		$	4.39
Book Value of Equity	$	16.11		$	16.49		$	16.19

Definitions

(1)	Recourse debt = Company level indebtedness that is not secured by a lien.
(2)	Total debt = long-term debt = recourse debt + limited recourse mortgage debt, including adjustments for joint ventures.
(3)	Total market capitalization = equity market capitalization + debt capitalization.
(4)	Fixed charge coverage ratio = EBITDA/(interest expense + scheduled principal amortization + preferred dividends (if any) + adjustments for joint ventures).
(5)	EBITDA = net income + interest + taxes + depreciation + amortization +/- extraordinary loss (gain) + noncash charges / gains + adjustments for JVs.
(6)	Price = Closing Price as of earnings release date of March 2, 2006.
(7)	Revenues = revenue from continuing operations + revenue from discontinued operations + interest income.

Ticker: WPC www.wpcarey.com

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SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Debt Summary
(pro rata basis)
December 31, 2005

	Number of
Tenant/Lease Guarantor	Properties		Fixed / Variable	Original Balance		Current Balance		Interest Rate			Maturity Date
CheckFree Holdings, Inc.		1	Variable		11,650,000		10,404,539		6.61	%	Jun-06
Quebecor Printing USA (MS)		1	Fixed		5,000,000		4,411,741		7.00	%	Jul-06
Quebecor Printing USA (GA)		1	Fixed		7,000,000		6,385,141		6.82	%	Aug-07
Amerisure Insurance		1	Fixed		9,500,000		9,711,477		8.80	%	Dec-07
Billipp Portfolio(1)		7	Variable		5,000,000		5,000,000		5.92	%	Dec-08
SICOR, Inc.		2	Fixed		2,777,183		2,072,936		8.13	%	Jan-09
Orbital Sciences Corporation		1	Fixed		15,000,000		13,260,742		7.38	%	Jun-09
America West Holdings Corporation		1	Fixed		25,000,000		16,514,734		7.23	%	Aug-09
Bell South Telecommunications		1	Fixed		5,995,498		4,442,605		8.11	%	Jan-10
Unisource Worldwide, Inc.		1	Fixed		7,000,000		2,865,363		7.24	%	Feb-10
Hibbett Sports		1	Fixed		4,995,033		4,794,839		7.50	%	Apr-10
Detroit Diesel Corporation		1	Fixed		25,000,000		10,696,264		7.96	%	Jun-10
Omnicom Group, Inc.		1	Fixed		4,574,481		3,933,819		7.65	%	Sep-10
EnviroWorks, Inc.		1	Fixed		3,563,292		3,164,046		10.13	%	Oct-10
Federal Express Corporation		1	Fixed		18,000,000		17,050,432		7.50	%	Jan-11
Autozone — Series A		12	Fixed		4,099,504		2,220,797		6.85	%	Jan-11
Childtime Childcare, Inc.		12	Fixed		2,522,816		2,396,255		7.50	%	Jan-11
Information Resources, Inc.		2	Fixed		8,665,800		7,919,986		7.60	%	Jan-11
Cendant Operations, Inc.		1	Fixed		6,000,000		5,710,053		7.34	%	Jan-11
Autozone, Inc. — Series B		19	Fixed		6,289,699		3,437,345		6.85	%	Feb-11
Sprint Spectrum, LP		1	Fixed		8,753,000		8,414,630		7.64	%	Aug-11
Qwest Communications, Inc.		1	Fixed		1,594,023		1,547,362		7.50	%	Jun-12
Autozone — Series C		6	Fixed		2,033,191		1,263,722		6.85	%	Aug-12
BE Aerospace, Inc.		3	Fixed		9,200,000		8,862,726		6.11	%	Nov-12
Faurecia (AP Parts)(2)		1	Fixed		2,675,000		2,670,614		5.16	%	Nov-12
Anthony, Inc. Industry(2)		4	Fixed		9,285,000		9,285,000		5.11	%	Nov-12
Alstom & Werner(2)		3	Fixed		10,750,000		10,750,000		5.18	%	Dec-12
SAS Pantin Invest France(3)		1	Fixed		12,683,000		8,118,024		4.92	%	Jul-13
Autozone — Series D		11	Fixed		4,667,621		3,097,200		6.85	%	Aug-13
Aviva France (fka Tellit Assurances -SA)(3)		1	Fixed until 2008, variable thereafter.		3,300,750		2,420,641		4.49	%	Aug-13
Direction Regional des Affaires Sanitaires et Sociales (aka SCI Le Mail)(3)		1	Fixed until 2008, variable thereafter.		1,341,000		900,546		4.60	%	Aug-13
SARL S3T (aka SAS Immo Invest)(3)		1	Variable		1,429,728		1,307,353		4.56	%	May-14
DSM Food Specialties (aka SAS Immo Invest)(3)		1	Variable		1,728,672		1,081,269		4.56	%	May-14
Carrefour France, SAS(3)		8	Fixed		26,078,798		24,773,569		5.55	%	Dec-14
Lowe’s Home Improvement Warehouse (Eagle Hardware)		1	Fixed		9,725,000		9,725,000		4.87	%	Sep-15
Bouygues Telecom, S.A. (Tours)(3)		1	Fixed until 2010, variable thereafter.		9,877,469		7,904,221		3.86	%	Oct-15
Dr. Pepper(2)		2	Fixed		33,950,000		33,950,000		5.13	%	Nov-15
Bouygues Telecom, S.A. (Illkirch-Graffenstaden)(3)		1	Fixed until 2006, variable thereafter		16,874,000		13,829,458		5.45	%	Oct-16
Hologic, Inc.		2	Fixed		6,660,000		6,216,856		6.40	%	May-23
Total Limited Recourse Debt(7)		118		$	350,239,559	$	292,511,307		6.38	%(4)
				Credit Facility(5)		$	15,000,000		4.98	%	May-07
				Total Debt		$	307,511,307		6.31	%(5)

(1)	New loan as of December 29, 2005.
(2)	New portfolio refinancing activity completed fourth quarter 2005.
(3)	Debt balance calculated using an exchange rate of 1.1844 USD/EUR at December 31, 2005.
(4)	Reflects weighted average interest rate for the mortgage debt only.
(5)	Indicated interest rate is based on Libor + 110 bps and represents the weighted average on outstanding tranches at December 31, 2005. Floating rate subject to change depending on leverage ratios and debt ratings (if applicable).
(6)	Reflects weighted average interest rate for the entire portfolio including the line of credit debt.
(7)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

14

SECTION: FINANCIAL ANALYSIS

W. P. CAREY & CO. LLC

Mortgage Debt Maturity Profile
(pro rata basis)
December 31, 2005

Year	Balloon Payments
2005		—
2006		14,452,927
2007		15,540,508
2008		—
2009		26,754,760
2010		6,741,951
2011		37,912,078
2012		9,023,825
2013		4,635,588
2014		17,239,220
2015		10,071,205
2016		4,921,209
2017		—
2018		129,778
2019		—
2020		—
2021		—
2022		—
2023		231,984
Total	$	147,655,033

Ticker: WPC www.wpcarey.com

15

ACQUISITIONS & DISPOSITIONS

16

SECTION: ACQUISITIONS/DISPOSITIONS

W. P. CAREY & CO. LLC

2005 Acquisitions Update

			Purchase Price				Gross Square
Portfolio(s)	Tenant/Lease Guarantor	Property Location	(000s)		Closing Date	Property Type	Footage
Management Business
CPA®:16 - Global	HMS Healthcare	Southfield, Michigan	$	18,732	January 3, 2005	Office		94,127
CPAs®:15, 16 - Global	Pohjola	Helsinki, Finland		113,514	January 3, 2005	Office		579,884
CPA®:16 - Global	Clean Earth	Cynthiana, KY		7,366	January 14, 2005	Industrial		329,000
CPA®:16 - Global	Precise Technology II	Buffalo Grove, IL		16,469	January 18, 2005	Warehouse/Manufacturing		264,695
CPA®:16 - Global	Integrated Distribution Systems(1)	Ayutthaya, Thailand		23,689	January 28, 2005	Industrial/Distribution		609,789
CPA®:16 - Global	Reyes Holding Note(2)	N/A		12,778	January 31, 2005	N/A		N/A
CPA®:16 - Global	Finisar	Allen, TX & Sunnyvale, CA		29,292	February 7, 2005	Office & Industrial		252,050
CPA®:16 - Global	MetalsAmerica	Shelby, NC		7,437	February 9, 2005	Industrial		169,916
CPA®:16 - Global	Polypipe	Gainsville, TX, Sandersville, GA, Erwin, TN, and Ferley, NV		8,714	February 25, 2005	Industrial		240,067
CPA®:16 - Global	Telecordia Technologies	Piscataway, NJ		116,459	March 15, 2005	Office		885,653
CPA®:15	Berry Plastics Expansion(1) (3)	Alsip and Tolleson, AZ; Geddes, NY		2,640	March 31, 2005	Warehouse/Manufacturing		78,000
CPA®:15	UTI Philadelphia Expansion(1) (3)	Philadelphia, PA		6,663	March 31, 2005	Office/Training Facility		40,875
CPA®:15, 16 - Global	Hinckley	Stuart, FL, Southwest Harbor and Trenton, ME and Portsmouth, RI		58,319	May 6, 2005	Industrial		473,975
CPA®:16 - Global	MetoKote	OH, TN, IL, & Ontario, Canada		38,306	May 27, 2005	Industrial		782,010
CPA®:15, 16 - Global	Hellweg	16 Locations throughout Germany		154,364	June 9, 2005	Retail		1,371,312
CPA®:16 - Global	Career Education	Nashville, Tennessee		10,541	June 24, 2005	Office		66,263
CPA®:14	Societe Genedis Promocash (Carrefour)	Le Mans, France		1,993	July 12, 2005	Retail		44,799
CPA®:15, 16 - Global	French Government-SNC Rue Albert	13th Arrondissement, Paris France		107,074	July 14, 2005	Office		241,335
CPA®:16 - Global	MetoKote-Mexico	Saltillo, Mexico		3,782	July 15, 2005	Industrial		85,900
CPA®:16 - Global	Bob's Discount Furniture	Norwich, CT		22,938	August 17, 2005	Warehouse/Distribution		660,519
CPA®:16 - Global	John McGavigan (Pressac)- Advanced Decorative Systems	Glasgow, Scotland UK		12,209	August 18, 2005	Manufacturing		112,099
CPA®:16 - Global	Advanced Circuits, Inc.	Aurora, CO		5,261	September 20, 2005	Industrial		61,233
CPA®:16 - Global	John Nurminen	Helsinki, Finland		9,979	October 31, 2005	Warehouse/Distribution		178,110
CPA®:14, 16 - Global	Dick's Sporting Goods Expansion(1) (3)	Plainfield, IN		18,429	November 18, 2005	Retail		361,000
CPA®:15	Innovative Holdings Limited Expansion(1) (3)	Birmingham, England		6,688	December 2, 2005	Warehouse/Distribution		35,038
CPA®:16 - Global	Corinthian Blairsville(3)	Blairsville, PA		26,463	December 6, 2005	Residential		198,660
CPA®:16 - Global	Murray Intl. Metals	Newbridge, Midlothian, Scotland, UK		25,249	December 19, 2005	Warehouse/Distribution		213,394
	Total(4)		$	865,347				8,429,703

(1)	Represents a facility expansion.
(2)	Mortgage note investment.
(3)	Represents a build-to-suit transaction.
(4)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

17

SECTION: ACQUISITIONS/DISPOSITIONS

W. P. CAREY & CO. LLC

2005 Dispositions Update

				Sale Price
Portfolio(s)	Tenant/Lease Guarantor	Property Location(s)	Disposition Date	(000s)
Real Estate Business
WPC LLC	Rochester Button	South Boston, VA	February 11, 2005	$	65
WPC LLC	Blue Tools, Inc. (DeVlieg Bullard)	Frankenmuth, MI	March 3, 2005		1,704
WPC LLC	K-Mart	Denton, TX	March 4, 2005		2,000
WPC LLC	Apogent	Rochestor, NY, Dubuque, IA, Portsmouth, NH	May 2, 2005		28,850
WPC LLC	Penn Virginia	Duffield, VA	October 3, 2005		1,050
WPC LLC	Gibson Greetings(1)	Berea, KY & Cincinnati, OH	December 9, 2005		12,000
WPC LLC	Games Workshop	Glen Burnie, MD	December 15, 2005		3,250
	Subtotal			$	48,919
Management Business
CPA®:14	Stellex	Valencia, CA	February 25, 2005	$	4,116
CPA®:12	Scott(2)	San Leandro, CA	March 1, 2005		563
CPA®:12	Lanxide	Newark, DE	March 31, 2005		3,000
CPA®:15	Blackstone	Miami, FL	April 19, 2005		20,500
CPA®:14	Buffets (land sale)	Eagan, MN	August 4, 2005		1,626
CPA®:15	Fleming(3)	Tulsa, OK	November 1, 2005		29,651
CPA®:15	Holiday Inn Toulouse(4)	Toulouse, France	December 1, 2005		4,445
CPA®:12	Scott(5)	San Leandro, CA	December 15, 2005		14,175
	Subtotal			$	78,076
	Total			$	126,995

1)	Includes $3 million lease termination fee.
2)	Represents partial land sale.
3)	Sold certain FFE valued at approximately $1.6 million for approximately $215,000. Deed in lieu.
4)	Toulouse sales price is 3,699,250 EUR at a rate of 1.2017.
5)	Represents full land sale.

Ticker: WPC www.wpcarey.com

18

PORTFOLIO ANALYSIS

19

SECTION: PORTFOLIO ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Diversification Analysis by Rent Contribution

December 31, 2005

Based on Ongoing Rental Income

Top Ten Tenants/Lease Guarantors	Annualized		Percentage of Total			Percentage of
	Rent		Annualized Rent			Revenue(1)
Detroit Diesel Corporation	$	4,634,253		5.4	%		2.6	%
Dr Pepper/Seven Up Bottling Group		4,598,841		5.4	%		2.5	%
Carrefour France, S.A.		3,459,579		4.0	%		1.9	%
Bouygues Telecom, S.A.		3,458,398		4.0	%		1.9	%
Quebecor Printing USA		3,127,203		3.7	%		1.7	%
Orbital Sciences Corporation		3,022,947		3.5	%		1.7	%
Federal Express Corporation		2,986,085		3.5	%		1.6	%
The Titan Corporation		2,862,068		3.3	%		1.6	%
America West Holdings Corporation		2,837,889		3.3	%		1.6	%
CheckFree Holdings, Inc.		2,247,148		2.6	%		1.2	%

Percentage of Total	Number of Tenants/Lease
Annualized Rent	Guarantors
10.0% < rent		0
10.0% > ,³ 7.5%		0
7.5% > ,³ 5.0%		2
5.0% > ,³ 2.5%		9
2.5% > rent		97

Percentage of	Number of Tenants/Lease
Revenue(1)	Guarantors
10.0% < rent		0
10.0% > ,³ 7.5%		0
7.5% > ,³ 5.0%		0
5.0% > ,³ 2.5%		2
2.5% > rent		106

(1) Revenues = revenue from continuing operations + revenue from discontinued operations + interest income.

Ticker: WPC www.wpcarey.com

20

SECTION: PORTFOLIO ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Diversification Analysis by Property Type
December 31, 2005

Property Type	Square Footage(2)		Percent
Industrial		9,207,690		53.9	%
Warehouse/Distribution		4,314,893		25.3	%
Office		2,234,445		13.1	%
Retail		1,043,736		6.1	%
Hospitality		158,000		0.9	%
Other(3)		115,606		0.7	%
Total		17,074,370		100.0	%

Property Type	Annual Rent(1)		Percent
Industrial	$	32,602,044		38.1	%
Office		30,951,317		36.2	%
Warehouse/Distribution		14,220,390		16.6	%
Retail		6,022,360		7.0	%
Hospitality		1,200,000		1.4	%
Other(3)		570,677		0.7	%
Total(4)	$	85,566,789		100.0	%

(1)	Rents reflect current annualized rates on a pro rata basis.
(2)	Square footage for jointly owned properties is not shown on a pro rata basis.
(3)	Reflects land used for educational purposes & unoccupied land.
(4)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

21

SECTION: PORTFOLIO ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Diversification Analysis by Tenant Industry

December 31, 2005

			Percentage of
Industry Type(1)	Annual Rent		Rent(2)
Manufacturing	$	34,712,042		40.6	%
Information		11,873,904		13.9	%
Wholesale Trade		10,811,337		12.6	%
Retail Trade		8,517,776		10.0	%
Transportation and Warehousing		7,296,183		8.5	%
Professional, Scientific and Technical Services		5,920,529		6.9	%
Finance and Insurance		2,615,212		3.1	%
Accomodation and Food Services		1,209,000		1.4	%
Construction		823,077		1.0	%
Public Administration		832,478		1.0	%
Health Care and Social Assistance		620,062		0.7	%
Educational Services		169,320		0.2	%
Other(3)		165,868		0.2	%
Total(4)	$	85,566,789		100.0	%

(1)	Based on the North American Industry Classification System (NAICS) and information provided by the tenant.
(2)	Rents reflect current annualized rates on a pro rata basis.
(3)	Reflects land used for Administrative, Support, Waste Management, Remediation Services, Arts, Entertainment & Recreation, and Other Services (except Public Administration).
(4)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

22

SECTION: PORTFOLIO ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Diversification Analysis by Geography

December 31, 2005

Region	Square Footage(2)		Percentage
Midwest		5,286,077		31.0	%
South		4,963,611		29.1	%
East		3,464,671		20.3	%
West		2,331,364		13.7	%
Europe		1,028,647		6.0	%
Total		17,074,370		100.0	%

Region	Annual Rent(1)		Percentage
South	$	27,294,946		31.9	%
West		19,944,583		23.3	%
Midwest		16,222,285		19.0	%
East		12,822,665		15.0	%
Europe		9,282,309		10.8	%
Total(3)	$	85,566,789		100.0	%

(1)	Rents reflect current annualized rates on a pro rata basis.
(2)	Square footage for jointly owned properties shown on a pro rata basis.
(3)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

23

SECTION: PORTFOLIO ANALYSIS

W. P. CAREY & CO. LLC

Portfolio Lease Maturity Analysis

December 31, 2005

Year of	Number of		Annualized		Percentage of Total			Years to
Lease Expiration	Leases		Rents(1)		Annualized Rents			Maturity
2006(2)		24		3,405,776		4.0	%		1.00
2007		19		10,416,955		12.2	%		2.00
2008		14		7,732,535		9.0	%		3.00
2009		13		11,780,526		13.8	%		4.00
2010		18		10,591,772		12.4	%		5.00
2011		10		9,874,323		11.5	%		6.00
2012		6		2,161,190		2.5	%		7.00
2013		7		3,137,564		3.7	%		8.00
2014		4		9,077,462		10.6	%		9.00
2015		2		3,289,698		3.8	%		10.00
2016		2		684,430		0.8	%		11.00
2017		1		1,485,809		1.7	%		12.00
2018		3		3,105,709		3.6	%		13.00
2019		1		2,716,648		3.2	%		14.00
2020		1		4,634,253		5.4	%		15.00
2021		—		—		0.0	%		16.00
2022		2		1,472,138		1.7	%		17.00
Total(3)		127	$	85,566,789		100	%
Weighted Average Years to Maturity:						6.54

(1)	Month to month properties are counted in current year’s revenue stream.
(2)	2006 lease expirations include Broomfield tenants counted as separate leases.
(3)	Numbers may not add up due to rounding.

Ticker: WPC www.wpcarey.com

24

EXHIBITS ⁽¹⁾

(1) Sources for Exhibits A, B, C and D include a) Forms 10-K for the years 2003, 2004 & 2005 b) Company Press Releases

EXHIBIT A

W. P. CAREY & CO. LLC

Consolidated Balance Sheets

(in thousands except share amounts)

	The Company			The Company
	Consolidated as of			Consolidated as of
	December 31, 2005			December 31, 2004
ASSETS:
Real estate, net	$	454,478		$	476,365
Net investment in direct financing leases		131,975			190,644
Equity Investments		134,567			110,379
Operating real estate		7,865			9,140
Assets held for sale		18,815			12,802
Cash and cash equivalents		13,014			16,715
Due from affiliates		82,933			63,471
Goodwill		63,607			63,607
Intangible assets, net		40,700			50,501
Other assets, net		35,308			19,915
Total assets	$	983,262		$	1,013,539
LIABILITIES, MINORITY INTEREST AND MEMBERS’ EQUITY:
Liabilities:
Mortgage notes payable	$	226,701		$	190,698
Mortgage notes payable on assets held for sale		4,412			—
Credit facility		15,000			102,000
Accrued interest		2,036			1,389
Dividends payable		16,963			16,626
Due to affiliates		2,994			2,033
Accounts payable and accrued expense		23,002			19,838
Prepaid rental income and security deposits		4,391			4,881
Accrued income taxes		634			3,909
Deferred income taxes, net		39,908			38,359
Other liabilities		36,064			11,748
Total Liabilities		372,105			391,481
Minority interest		3,689			1,407
Commitments and contingencies
Members’ Equity:
Listed Shares, no par value, 100,000,000 shares authorized, 37,706,247, and 37,523,462 shares issued and outstanding at December 31, 2005 and 2004		740,593			734,658
Distributions in excess of accumulated earnings		(131,178	)		(112,441	)
Unearned compensation		(5,119	)		(5,366	)
Accumulated other comprehensive income		3,172			3,800
Total members’ equity		607,468			620,651
Total liabilities, minority interest and members’ equity	$	983,262		$	1,013,539

Ticker: WPC www.wpcarey.com

EXHIBIT B

W. P. CAREY & CO. LLC

Consolidated Statements of Income

(in thousands, except share and per share amounts)

	For the Year			For the Year			For the Year
	Ended			Ended			Ended
	December 31, 2005			December 31, 2004			December 31, 2003
REVENUES:
Asset management income	$	62,294		$	61,194		$	56,402
Structuring revenue		28,197			45,168			31,658
Rental Income		52,386			44,817			40,558
Interest income from direct financing leases		17,149			17,580			17,118
Incentive and subordinated disposition revenue from CIP® merger		—			42,095			—
Other operating income		6,592			5,623			5,211
Revenues of other business operations		7,499			5,725			3,098
		174,117			222,202			154,045
OPERATING EXPENSES:
General and administrative		(55,184	)		(50,985	)		(43,695	)
Depreciation		(11,939	)		(10,954	)		(8,939	)
Amortization		(8,813	)		(10,074	)		(7,259	)
Property expenses		(7,396	)		(5,577	)		(5,745	)
Impairment charges and loan losses		(15,154	)		(12,899	)		(1,480	)
Operating expenses of other business operations		(6,327	)		(6,261	)		(1,209	)
		(104,813	)		(96,750	)		(68,327	)
OTHER INCOME AND EXPENSES:
Other interest income		3,511			3,127			2,581
Income from equity investments		5,182			5,308			4,008
Minority interest in income		(264	)		(1,499	)		(370	)
Gain on foreign currency transactions and other gains, net		1,305			1,222			48
Interest expense		(16,787	)		(14,488	)		(14,660	)
		(7,053	)		(6,330	)		(8,393	)
Income from continuing operations before income taxes		62,251			119,122			77,325
Provision for income taxes		(19,390	)		(50,983	)		(19,116	)
Income from continuing operations		42,861			68,139			58,209
DISCONTINUED OPERATIONS:
Income from operations of discontinued properties		1,885			6,812			6,391
Gains on sale of real estate, net		10,474			89			1,238
Impairment charges on properties held for sale		(6,616	)		(9,199	)		(2,960	)
Income (loss) from discontinued operations		5,743			(2,298	)		4,669
NET INCOME	$	48,604		$	65,841		$	62,878
BASIC EARNINGS PER SHARE:
Income from continuing operations	$	1.14		$	1.82		$	1.59
Income (loss) from discontinued operations		0.15			(0.06	)		0.13
Net Income	$	1.29		$	1.76		$	1.72
DILUTED EARNINGS PER SHARE:
Income from continuing operations	$	1.10		$	1.75		$	1.52
Income (loss) from discontinued operations		0.15			(0.06	)		0.12
Net Income	$	1.25		$	1.69		$	1.64
DIVIDENDS DECLARED PER SHARE:	$	1.79		$	1.76		$	1.73
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic		37,688,835			37,417,918			36,566,338
Diluted		39,020,801			38,961,748			38,434,169

Ticker: WPC www.wpcarey.com

EXHIBIT C

W. P. CAREY & CO. LLC

Consolidated Statements of Cash Flows

(in thousands)

	For the Year			For the Year			For the Year
	Ended			Ended			Ended
	December 31, 2005			December 31, 2004			December 31, 2003
Cash flows from operating activities:
Net income	$	48,604		$	65,841		$	62,878
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets and deferred financing costs		21,623			22,298			19,340
Distribution received in excess of accumulated earnings and equity income in excess of distributions		479			(793	)		(23	)
Gain on sales of real estate and securities, net		(10,570	)		(90	)		(660	)
Recognition of deferred gain on completion of development project		(2,000	)		—			—
Minority interest in income		264			1,499			370
Straight-line rent adjustments		3,776			1,732			74
Management income received in shares of affiliates		(31,858	)		(20,999	)		(18,599	)
Unrealized loss (gain) on foreign currency transactions and warrants		779			(790	)		(130	)
Impairment charges and loan losses		21,770			22,098			4,440
Deferred income taxes		1,549			8,827			9,769
Realized loss (gain) on foreign currency transaction		19			(430	)		(556	)
Costs paid by issuance of shares		201			168			215
(Decrease) increase in accrued taxes payable		(3,274	)		2,099			(3,475	)
Tax charge — share incentive plans		604			3,423			2,700
Amortization of unearned compensation		3,936			3,768			3,536
Deferred acquisition revenue received		8,961			5,978			1,495
Increase in structuring revenue receivable		(5,304	)		(14,860	)		(13,424	)
Net changes in other operating assets and liabilities		(6,852	)		(920	)		(655	)
Net cash provided by operating activities		52,707			98,849			67,295
Cash flows from investing activities:
Distributions received from equity investments in excess of equity income		6,164			6,933			3,503
Capital distributions from equity investment		—			—			6,582
Purchases of real estate and equity investments		—			(115,522	)		(8,184	)
Capital expenditures		(2,975	)		(1,596	)		(2,843	)
Purchase of investment		(465	)		—			—
Payment of deferred acquisition revenue to affiliate		(524	)		(524	)		(524	)
Release of funds from escrow in connection with the sale of a property		—			7,185			—
Proceeds from sales of property and investments		45,542			6,548			24,395
Cash acquired on acquisition of subsidiary		—			—			1,300
Net cash provided by (used in) investing activities		47,742			(96,976	)		24,229
Cash flows from financing activities:
Dividends paid		(67,004	)		(65,073	)		(62,978	)
Contributions from minority interests		1,539			—			—
Distributions to minority interests		(355	)		(1,101	)		—
Scheduled payments of mortgage principal		(9,229	)		(9,428	)		(8,548	)
Proceeds from mortgages and credit facility		121,764			170,000			82,683
Prepayments of mortgages principal and credit facility		(151,893	)		(106,962	)		(107,854	)
Payment of financing costs		(797	)		(1,238	)		(391	)
Proceeds from issuance of shares		4,400			6,649			7,789
Retirement of shares		(2,206	)		(2,543	)		—
Net cash used in financing activities:		(103,781	)		(9,696	)		(89,299	)
Effect of exchange rate changes on cash		(369	)		179			830
Net (decrease) increase in cash and cash equivalents		(3,701	)		(7,644	)		3,055
Cash and cash equivalents, beginning of year		16,715			24,359			21,304
Cash and cash equivalents, end of year	$	13,014		$	16,715		$	24,359

Ticker: WPC www.wpcarey.com

EXHIBIT D

W. P. CAREY & CO. LLC

Quarterly Reconciliation of Net Income to Funds from Operations

(in thousands, except share and per share amounts)

	For the Quarter			For the Quarter			For the Quarter			For the Quarter
	Ended			Ended			Ended			Ended
	December 31, 2005			September 30, 2005			June 30, 2005			March 31, 2005
Net income	$	11,488		$	14,328		$	16,933		$	5,855
(Gain) loss on sale of real estate		(3,355	)		—			(9,139	)		20
FFO of equity investees in excess of equity income		2,833			2,690			2,608			2,227
Depreciation, amortization, deferred taxes and other non-cash charges		6,396			7,957			7,400			5,341
FFO applicable to minority investees in excess of minority income		(183	)		(193	)		(108	)		(118	)
Straight-line rent adjustment		1,119			824			964			914
Impairment charges and loan losses		5,949			—			6,149			9,672
Funds From Operations (FFO)	$	24,247		$	25,606		$	24,807		$	23,911
Weighted Average Listed Shares Outstanding
Basic		37,762,361			37,727,008			37,670,305			37,592,343
Diluted		38,674,396			38,948,980			39,017,636			39,377,650
FFO per Share
Basic	$	0.64		$	0.68		$	0.66		$	0.64
Diluted	$	0.63		$	0.66		$	0.64		$	0.61

Ticker: WPC www.wpcarey.com

EXHIBIT E

W. P. CAREY & CO. LLC

Detailed Property Summary

December 31, 2005

Percentage of

Increase

Lease

Maximum

Tenant/Lease Guarantor

Property Location

Property Type

Tenant Type

Region

Square Footage

Annual Rent

Total Rent

Factor

Expiration

Term

Detroit Diesel Corporation

Detroit, MI

Industrial

Manufacturing

Midwest

2,730,750

4,634,253

5.42

%

PPI

June-20

June-40

Detroit Diesel Corporation Total

2,730,750

4,634,253

5.42

%

Dr Pepper/Seven Up Bottling Group

Irving, TX

Industrial

Manufacturing

South

459,497

2,789,657

3.26

%

CPI

June-14

June-29

Dr Pepper/Seven Up Bottling Group

Houston, TX

Industrial

Manufacturing

South

262,450

1,809,184

2.11

%

CPI

June-14

June-29

Dr Pepper/Seven Up Bottling Group Total

721,947

4,598,841

5.37

%

Carrefour France, SAS(4)

Lens, France

Warehouse/Distribution

Retail Trade

Europe

62,349

361,758

0.42

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Lens, France

Warehouse/Distribution

Retail Trade

Europe

1,276

7,406

0.01

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Lens, France

Warehouse/Distribution

Retail Trade

Europe

2,136

12,394

0.01

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Nimes, France

Warehouse/Distribution

Retail Trade

Europe

66,285

317,542

0.37

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Nimes, France

Warehouse/Distribution

Retail Trade

Europe

1,255

6,010

0.01

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Nimes, France

Warehouse/Distribution

Retail Trade

Europe

293

1,403

0.00

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Nimes, France

Warehouse/Distribution

Retail Trade

Europe

87,334

476,347

0.56

%

INSEE(2)

November-12

November-12

Carrefour France, SAS(4)

Colomiers, France

Warehouse/Distribution

Retail Trade

Europe

85,602

458,976

0.54

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Colomiers, France

Warehouse/Distribution

Retail Trade

Europe

29,617

158,801

0.19

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Colomiers, France

Warehouse/Distribution

Retail Trade

Europe

3,696

19,816

0.02

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Colomiers, France

Warehouse/Distribution

Retail Trade

Europe

1,424

7,635

0.01

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Thuit Hebert, France

Warehouse/Distribution

Retail Trade

Europe

53,032

228,393

0.27

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Thuit Hebert, France

Warehouse/Distribution

Retail Trade

Europe

33,638

144,867

0.17

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Crepy en Valois, France

Warehouse/Distribution

Retail Trade

Europe

49,736

296,860

0.35

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Crepy en Valois, France

Warehouse/Distribution

Retail Trade

Europe

74,846

446,733

0.52

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Ploufragen, France

Warehouse/Distribution

Retail Trade

Europe

60,221

276,871

0.32

%

INSEE(2)

December-11

December-11

Carrefour France, SAS(4)

Cholet, France

Warehouse/Distribution

Retail Trade

Europe

48,760

237,767

0.28

%

INSEE(2)

December-11

December-11

Carrefour France, SAS Total

661,500

3,459,579

4.04

%

Bouygues Telecom, S.A.(1)

Tours, France

Office

Information

Europe

102,237

1,327,973

1.55

%

INSEE(2)

September-09

September-12

Bouygues Telecom, S.A.(3)

Illkirch-Graffenstaden, France

Office

Information

Europe

80,729

2,130,425

2.49

%

INSEE(2)

December-08

July-13

Bouygues Telecom, S.A. Total

182,966

3,458,398

4.04

%

Quebecor Printing USA

Doraville, GA

Industrial

Manufacturing

South

432,559

1,940,625

2.27

%

CPI

December-09

December-34

Quebecor Printing USA

Olive Branch, MS

Industrial

Manufacturing

South

285,500

1,186,578

1.39

%

None

June-08

June-33

Quebecor Printing USA Total

718,059

3,127,203

3.65

%

Orbital Sciences Corporation

Chandler, AZ

Industrial

Manufacturing

West

335,307

3,022,947

3.53

%

CPI

September-09

September-29

Orbital Sciences Corporation Total

335,307

3,022,947

3.53

%

Federal Express Corporation (5)

Collierville, TN

Office

Transportation and Warehousing

South

39,038

679,162

0.79

%

CPI

August-19

August-39

Federal Express Corporation (5)

Collierville, TN

Office

Transportation and Warehousing

South

39,038

679,162

0.79

%

CPI

August-19

August-39

Federal Express Corporation (5)

Collierville, TN

Office

Transportation and Warehousing

South

39,038

679,162

0.79

%

CPI

August-19

August-39

Federal Express Corporation (5)

Collierville, TN

Office

Transportation and Warehousing

South

39,038

679,162

0.79

%

CPI

August-19

August-39

Federal Express Corporation (5)

College Station, TX

Warehouse/Distribution

Transportation and Warehousing

South

12,080

68,400

0.08

%

Stated

April-07

January-09

Federal Express Corporation (5)

Corpus Christi, TX

Warehouse/Distribution

Transportation and Warehousing

South

30,212

201,037

0.23

%

Stated

May-07

May-12

Federal Express Corporation Total

198,444

2,986,085

3.49

%

Titan Corporation, The

San Diego, CA

Office

Manufacturing

West

166,403

2,862,068

3.34

%

CPI

July-07

July-32

Titan Corporation, The Total

166,403

2,862,068

3.34

%

America West Holdings Corporation(6)

Tempe, AZ

Office

Transportation and Warehousing

West

167,913

2,837,889

3.32

%

CPI

April-14

April-24

America West Holdings Corporation Total

167,913

2,837,889

3.32

%

CheckFree Holdings, Inc. (7)

Norcross, GA

Office

Information

South

50,063

877,937

1.03

%

CPI

December-15

December-30

CheckFree Holdings, Inc. (7)

Norcross, GA

Office

Information

South

34,150

739,790

0.86

%

CPI

December-15

December-30

CheckFree Holdings, Inc. (7)

Norcross, GA

Office

Information

South

26,125

567,053

0.66

%

CPI

December-15

December-30

CheckFree Holdings, Inc. (7)

Norcross, GA

Office

Information

South

0

62,368

0.07

%

CPI

December-15

December-30

CheckFree Holdings, Inc. Total

110,338

2,247,148

2.63

%

Ticker: WPC www.wpcarey.com

EXHIBIT E

Percentage of

Increase

Lease

Maximum

Tenant/Lease Guarantor

Property Location

Property Type

Tenant Type

Region

Square Footage

Annual Rent

Total Rent

Factor

Expiration

Term

AutoZone, Inc.

Decatur, AL

Retail

Retail Trade

South

5,400

44,620

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Bessemer, AL

Retail

Retail Trade

South

5,400

32,158

0.04

%

% Sales

February-11

February-26

AutoZone, Inc.

Phenix City, AL

Retail

Retail Trade

South

5,400

44,620

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Mobile, AL

Retail

Retail Trade

South

5,400

44,620

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Chickasaw, AL

Retail

Retail Trade

South

5,400

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Montgomery, AL

Retail

Retail Trade

South

5,400

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Panama City, FL

Retail

Retail Trade

South

5,401

35,345

0.04

%

% Sales

August-12

August-37

AutoZone, Inc.

Jacksonville, FL

Retail

Retail Trade

South

5,000

34,867

0.04

%

% Sales

August-12

August-37

AutoZone, Inc.

Jacksonville, FL

Retail

Retail Trade

South

5,400

47,772

0.06

%

% Sales

August-13

August-37

AutoZone, Inc.

Jacksonville, FL

Retail

Retail Trade

South

5,400

54,379

0.06

%

% Sales

August-13

August-37

AutoZone, Inc.

Columbus, GA

Retail

Retail Trade

South

5,400

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Albany, GA

Retail

Retail Trade

South

5,400

43,262

0.05

%

% Sales

August-13

August-37

AutoZone, Inc.

Brunswick, GA

Retail

Retail Trade

South

5,400

39,854

0.05

%

% Sales

August-13

August-37

AutoZone, Inc.

Augusta, GA

Retail

Retail Trade

South

5,400

34,138

0.04

%

% Sales

August-13

August-37

AutoZone, Inc.

Macon, GA

Retail

Retail Trade

South

5,400

49,503

0.06

%

% Sales

August-13

August-37

AutoZone, Inc.

Collinsville, IL

Retail

Retail Trade

Midwest

5,400

36,178

0.04

%

% Sales

February-11

February-26

AutoZone, Inc.

Alton, IL

Retail

Retail Trade

Midwest

5,400

44,620

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Wood River, IL

Retail

Retail Trade

Midwest

5,400

36,178

0.04

%

% Sales

February-11

February-26

AutoZone, Inc.

Belleville, IL

Retail

Retail Trade

Midwest

5,400

44,620

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

West Monroe, LA

Retail

Retail Trade

South

5,400

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Baton Rouge, LA

Retail

Retail Trade

South

5,400

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Lake Charles, LA

Retail

Retail Trade

South

6,480

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Lake Charles, LA

Retail

Retail Trade

South

6,480

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Baton Rouge, LA

Retail

Retail Trade

South

6,600

21,567

0.03

%

% Sales

March-09

March-14

AutoZone, Inc.

Baton Rouge, LA

Retail

Retail Trade

South

5,401

23,124

0.03

%

% Sales

April-09

April-09

AutoZone, Inc.

Hammond, LA

Retail

Retail Trade

South

6,480

40,121

0.05

%

% Sales

August-12

August-37

AutoZone, Inc.

Maplewood, MO

Retail

Retail Trade

Midwest

6,480

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

Overland, MO

Retail

Retail Trade

Midwest

6,480

43,414

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

St. Louis, MO

Retail

Retail Trade

Midwest

5,400

36,178

0.04

%

% Sales

February-11

February-26

AutoZone, Inc.

Breckenridge, MO

Retail

Retail Trade

Midwest

5,400

44,151

0.05

%

% Sales

February-11

February-26

AutoZone, Inc.

St. Peters, MO

Retail

Retail Trade

Midwest

5,400

48,957

0.06

%

% Sales

August-12

August-37

AutoZone, Inc.

St. Peters, MO

Retail

Retail Trade

Midwest

6,660

48,718

0.06

%

% Sales

August-12

August-37

AutoZone, Inc.

Gastonia, NC

Retail

Retail Trade

East

5,400

52,149

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

Charlotte, NC

Retail

Retail Trade

East

5,400

42,283

0.05

%

% Sales

January-11

January-26

AutoZone, Inc.

Statesville, NC

Retail

Retail Trade

East

5,400

50,739

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

Lenoir, NC

Retail

Retail Trade

East

5,400

50,739

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

Shelby, NC

Retail

Retail Trade

East

6,660

30,807

0.04

%

% Sales

August-12

August-38

AutoZone, Inc.

Kannapolis, NC

Retail

Retail Trade

East

6,408

24,069

0.03

%

% Sales

October-10

March-35

AutoZone, Inc.

Morgantown, NC

Retail

Retail Trade

East

5,400

19,451

0.02

%

% Sales

October-10

March-35

AutoZone, Inc.

Albuquerque, NM

Retail

Retail Trade

West

5,400

54,642

0.06

%

% Sales

August-13

March-35

AutoZone, Inc.

Farmington, NM

Retail

Retail Trade

West

5,400

41,479

0.05

%

% Sales

August-13

August-13

AutoZone, Inc.

Lexington, SC

Retail

Retail Trade

East

5,400

50,079

0.06

%

% Sales

August-13

June-08

AutoZone, Inc.

East Ridge, TN

Retail

Retail Trade

South

6,480

20,602

0.02

%

% Sales

October-08

October-13

AutoZone, Inc.

Knoxville, TN

Retail

Retail Trade

South

6,660

23,008

0.03

%

% Sales

May-09

May-09

AutoZone, Inc.

Austin, TX

Retail

Retail Trade

South

4,000

31,321

0.04

%

% Sales

January-11

January-26

AutoZone, Inc.

Waco, TX

Retail

Retail Trade

South

4,800

37,585

0.04

%

% Sales

January-11

January-26

AutoZone, Inc.

Corpus Christi, TX

Retail

Retail Trade

South

6,600

51,679

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

Corpus Christi, TX

Retail

Retail Trade

South

6,480

50,739

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

Victoria, TX

Retail

Retail Trade

South

6,480

50,739

0.06

%

% Sales

January-11

January-26

AutoZone, Inc.

San Antonio, TX

Retail

Retail Trade

South

5,400

42,283

0.05

%

% Sales

January-11

January-26

AutoZone, Inc.

Nederland, TX

Retail

Retail Trade

South

4,000

31,321

0.04

%

% Sales

January-11

January-26

AutoZone, Inc.

West Orange, TX

Retail

Retail Trade

South

4,000

31,321

0.04

%

% Sales

January-11

January-26

AutoZone, Inc.

Houston, TX

Retail

Retail Trade

South

5,400

53,488

0.06

%

% Sales

August-13

August-38

AutoZone, Inc.

San Antonio, TX

Retail

Retail Trade

South

5,400

55,795

0.07

%

% Sales

August-13

August-38

AutoZone, Inc. Total

302,230

2,216,594

2.59

%

Lucent Technologies, Inc.

Charlotte, NC

Industrial

Wholesale Trade

East

568,670

1,941,727

2.27

%

None

March-07

March-20

Lucent Technologies, Inc. Total

568,670

1,941,727

2.27

%

Information Resources, Inc. (8)

Chicago, IL

Office

Professional, Scientific and Technical Servic

es Midwest

30,797

683,141

0.80

%

CPI

October-13

October-23

Information Resources, Inc. (8)

Chicago, IL

Office

Professional, Scientific and Technical Servic

es Midwest

53,195

1,179,801

1.38

%

CPI

October-13

October-23

Information Resources, Inc. Total

83,992

1,862,942

2.18

%

Sybron Dental Specialties, Inc. (Apogent Technologies, Inc)

Glendora, CA

Office

Manufacturing

West

25,000

489,246

0.57

%

CPI

December-18

December-43

Sybron Dental Specialties, Inc. (Apogent Technologies, Inc)

Romulus, MI

Industrial

Manufacturing

Midwest

220,000

1,281,052

1.50

%

CPI

December-18

December-43

Sybron Dental Specialties, Inc. (Apogent Technologies, Inc) Total

245,000

1,770,298

2.07

%

Unisource Worldwide, Inc.

Anchorage, AK

Warehouse/Distribution

Wholesale Trade

West

44,712

344,803

0.40

%

Stated

December-09

December-29

Unisource Worldwide, Inc.

Commerce, CA

Warehouse/Distribution

Wholesale Trade

West

411,561

1,422,080

1.66

%

Stated

April-10

April-30

Unisource Worldwide, Inc. Total

456,273

1,766,883

2.06

%

Ticker: WPC www.wpcarey.com

EXHIBIT E

							Percentage of		Increase			Lease	Maximum
Tenant/Lease Guarantor	Property Location	Property Type	Tenant Type	Region	Square Footage		Annual Rent		Total Rent			Factor	Expiration	Term
CSS Industries, Inc. (Cleo, Inc)	Memphis, TN	Warehouse/Distribution	Accomodation and Food Services	South		1,006,170		1,735,352		2.03	%	CPI	December-10	December-15
CSS Industries, Inc. (Cleo, Inc) Total						1,006,170		1,735,352		2.03	%
Brodart Company	Williamsport, PA	Industrial	Wholesale Trade	East		309,030		1,015,205		1.19	%	CPI	June-08	June-28
Brodart Company	Williamsport, PA	Industrial	Wholesale Trade	East		212,210		705,481		0.82	%	CPI	June-08	June-28
Brodart Company Total						521,240		1,720,686		2.01	%
SICOR, Inc.	San Diego, CA	Office	Manufacturing	West		35,951		835,705		0.98	%	CPI	July-09	July-49
SICOR, Inc.	San Diego, CA	Office	Manufacturing	West		36,205		835,705		0.98	%	CPI	July-09	July-49
SICOR, Inc. Total						72,156		1,671,410		1.95	%
Fiskars, Inc. (aka enviroWorks)	Apopka, FL	Industrial	Manufacturing	South		260,160		1,125,458		1.32	%	CPI	March-10	March-35
Fiskars, Inc. (aka enviroWorks)	Apopka, FL	Industrial	Manufacturing	South		109,377		473,143		0.55	%	CPI	March-10	March-35
Fiskars, Inc. (aka enviroWorks)	Apopka, FL	Industrial	Manufacturing	South		5,292		22,863		0.03	%	CPI	March-10	March-35
Fiskars, Inc. (aka enviroWorks) Total						374,829		1,621,464		1.89	%
BE Aerospace, Inc.	Lenexa, KA	Office	Manufacturing	Midwest		130,094		617,799		0.72	%	Stated	September-17	September-37
BE Aerospace, Inc.	Winston-Salem, NC	Industrial	Manufacturing	East		90,800		248,458		0.29	%	Stated	September-17	September-37
BE Aerospace, Inc.	Winston-Salem, NC	Industrial	Manufacturing	East		74,026		202,553		0.24	%	Stated	September-17	September-37
BE Aerospace, Inc.	Winston-Salem, NC	Industrial	Manufacturing	East		50,200		137,364		0.16	%	Stated	September-17	September-37
BE Aerospace, Inc.	Winston-Salem, NC	Office	Manufacturing	East		43,788		119,813		0.14	%	Stated	September-17	September-37
BE Aerospace, Inc.	Winston-Salem, NC	Industrial	Manufacturing	East		15,402		42,146		0.05	%	Stated	September-17	September-37
BE Aerospace, Inc.	Dallas, TX	Office	Manufacturing	South		22,680		117,676		0.14	%	Stated	September-17	September-37
BE Aerospace, Inc. Total						426,990		1,485,809		1.74	%
Sprint Spectrum, L.P.	Rio Rancho, NM	Office	Information	West		94,730		1,424,561		1.66	%	None	May-11	May-21
Sprint Spectrum, L.P. Total						94,730		1,424,561		1.66	%
Amerisure Mutual Insurance Co.	Charleston, SC	Office	Finance and Insurance	East		67,160		729,195		0.85	%	None	December-07	December-28
Amerisure Mutual Insurance Co.	Charleston, SC	Office	Finance and Insurance	East		22,557		246,235		0.29	%	None	December-07	December-28
Amerisure Mutual Insurance Co.	Charleston, SC	Office	Finance and Insurance	East		38,037		406,826		0.48	%	None	December-07	December-28
Amerisure Mutual Insurance Co. Total						127,754		1,382,256		1.62	%
BellSouth Telecommunications	Lafayette, LA	Office	Information	South		66,846		1,351,150		1.58	%	Stated	December-09	December-39
BellSouth Telecommunications Total						66,846		1,351,150		1.58	%
Lowe’s Home Improvement Warehouse	Bellevue, WA	Retail	Wholesale Trade	West		143,352		1,335,411		1.56	%	CPI & % Sales	August-18	August-18
Lowe’s Home Improvement Warehouse Total						143,352		1,335,411		1.56	%
AT&T Corporation	Bridgeton, MO	Industrial	Information	Midwest		85,510		1,257,410		1.47	%	Stated	September-11	September-21
AT&T Corporation Total						85,510		1,257,410		1.47	%
Swat-Fame, Inc. (City of Industry, CA)	City of Industry, CA	Industrial	Manufacturing	West		92,595		292,781		0.34	%	Stated	July-06	July-08
Swat-Fame, Inc. (City of Industry, CA)	City of Industry, CA	Industrial	Manufacturing	West		233,205		949,663		1.11	%	CPI	December-10	December-20
Swat-Fame, Inc. (City of Industry, CA) Total						325,800		1,242,444		1.45	%
United States Postal Service (Bloomington, IL)	Bloomingdale, IL	Office	Transportation and Warehousing	Midwest		60,000		1,233,000		1.44	%	Stated	April-11		N/A
United States Postal Service (Bloomington, IL) Total						60,000		1,233,000		1.44	%
Livho Inc.	Livonia, MI	Hospitality	Accomodation and Food Services	Midwest		158,000		1,200,000		1.40	%	Stated	January-07	January-08
Livho Inc. Total						158,000		1,200,000		1.40	%
Hologic, Inc. (9)	Danbury, CT	Industrial	Manufacturing	East		22,335		210,526		0.25	%	CPI	August-22	August-42
Hologic, Inc. (9)	Bedford, MA	Industrial	Manufacturing	East		74,520		925,612		1.08	%	CPI	August-22	August-42
Hologic, Inc. Total						96,855		1,136,138		1.33	%
Anthony’s Manufacturing Company, Inc.	San Fernando, CA	Industrial	Wholesale Trade	West		7,220		43,127		0.05	%	CPI/Market	May-12	May-12
Anthony’s Manufacturing Company, Inc.	San Fernando, CA	Industrial	Wholesale Trade	West		40,285		240,527		0.28	%	CPI/Market	May-12	May-12
Anthony’s Manufacturing Company, Inc.	San Fernando, CA	Industrial	Wholesale Trade	West		39,920		238,343		0.28	%	CPI/Market	May-12	May-12
Anthony’s Manufacturing Company, Inc.	San Fernando, CA	Industrial	Wholesale Trade	West		95,420		569,819		0.67	%	CPI/Market	May-12	May-12
Anthony’s Manufacturing Company, Inc. Total						182,845		1,091,816		1.28	%
Omnicom Group, Inc.	Venice, CA	Office	Professional, Scientific and Technical Servic	es West		77,719		1,082,685		1.27	%	Stated	September-10	September-30
Omnicom Group, Inc. Total						77,719		1,082,685		1.27	%
Lockheed Martin Corporation	King of Prussia, PA	Office	Professional, Scientific and Technical Servic	es East		84,926		797,202		0.93	%	Stated	July-08	July-13
Lockheed Martin Corporation	Houston, TX	Industrial	Professional, Scientific and Technical Servic	es South		30,176		241,416		0.28	%	Stated	December-07	December-09
Lockheed Martin Corporation Total						115,102		1,038,618		1.21	%

Ticker: WPC www.wpcarey.com

EXHIBIT E

Percentage of

Increase

Lease

Maximum

Tenant/Lease Guarantor

Property Location

Property Type

Tenant Type

Region

Square Footage

Annual Rent

Total Rent

Factor

Expiration

Term

Werner Co.

Erlanger, KY

Warehouse/Distribution

Manufacturing

East

409,600

762,048

0.89

%

CPI

July-15

July-21

Werner Co.

Erlanger, KY

Warehouse/Distribution

Manufacturing

East

162,604

274,365

0.32

%

CPI

July-15

July-21

Werner Co. Total

572,204

1,036,413

1.21

%

��

United Stationers Supply Company

New Orleans, LA

Warehouse/Distribution

Wholesale Trade

South

59,000

366,539

0.43

%

CPI

March-10

March-30

United Stationers Supply Company

Memphis, TN

Warehouse/Distribution

Wholesale Trade

South

75,000

317,385

0.37

%

CPI

March-10

March-30

United Stationers Supply Company

San Antonio, TX

Warehouse/Distribution

Wholesale Trade

South

63,098

350,913

0.41

%

CPI

March-10

March-30

United Stationers Supply Company Total

197,098

1,034,837

1.21

%

United Space Alliance LLC

Webster, TX

Warehouse/Distribution

Professional, Scientific and Technical Servic

es South

88,200

505,020

0.59

%

Stated

September-06

September-15

United Space Alliance LLC

Houston, TX

Industrial

Professional, Scientific and Technical Servic

es South

38,150

381,500

0.45

%

Stated

April-06

April-11

United Space Alliance LLC

Houston, TX

Industrial

Professional, Scientific and Technical Servic

es South

7,151

71,508

0.08

%

None

April-06

April-06

United Space Alliance LLC

Houston, TX

Industrial

Professional, Scientific and Technical Servic

es South

6,104

61,040

0.07

%

Stated

April-06

April-06

United Space Alliance LLC Total

139,605

1,019,068

1.19

%

GATX Logistics, Inc. (aka Sears logistics services)

Jacksonville, FL

Warehouse/Distribution

Wholesale Trade

South

240,000

969,946

1.13

%

None

September-07

September-07

GATX Logistics, Inc. (aka Sears logistics services) Total

240,000

969,946

1.13

%

Wal-Mart Stores, Inc.

West Mifflin, PA

Retail

Retail Trade

East

118,125

950,905

1.11

%

CPI

January-07

January-37

Wal-Mart Stores, Inc. Total

118,125

950,905

1.11

%

Pre Finish Metals, Inc.

Walbridge, OH

Industrial

Manufacturing

Midwest

313,704

892,091

1.04

%

CPI

June-08

June-28

Pre Finish Metals, Inc. Total

313,704

892,091

1.04

%

NVR L.P. (aka NV Ryan, Inc.)

Thurmont, MD

Industrial

Construction

East

150,468

687,992

0.80

%

CPI

March-14

March-39

NVR L.P. (aka NV Ryan, Inc.)

Farmington, NY

Industrial

Construction

East

29,273

132,805

0.16

%

CPI

March-14

March-39

NVR L.P. (aka NV Ryan, Inc.) Total

179,741

820,797

0.96

%

Hibbett Sporting Goods, Inc.

Birmingham, AL

Warehouse/Distribution

Retail Trade

South

219,312

819,935

0.96

%

CPI

December-14

December-29

Hibbett Sporting Goods, Inc. Total

219,312

819,935

0.96

%

AMS Holding Group (Vertafore, Inc.)

College Station, TX

Office

Information

South

52,552

765,101

0.89

%

None

December-09

December-09

AMS Holding Group (Vertafore, Inc.) Total

52,552

765,101

0.89

%

Powerware Corporation (aka Exide Electronics Corp.)

Raleigh, NC

Office

Manufacturing

East

27,770

730,215

0.85

%

CPI

July-06

July-31

Powerware Corporation (aka Exide Electronics Corp.) Total

27,770

730,215

0.85

%

BellSouth Entertainment, Inc.

Ft. Lauderdale, FL

Warehouse/Distribution

Information

South

80,450

576,372

0.67

%

None

June-09

June-19

BellSouth Entertainment, Inc. Total

80,450

576,372

0.67

%

Western Union Financial Services, Inc.

Bridgeton, MO

Office

Finance and Insurance

Midwest

78,080

573,221

0.67

%

Stated

November-06

November-11

Western Union Financial Services, Inc. Total

78,080

573,221

0.67

%

Deloro Stellite (DS) Group Ltd. Total

Goshen, IN

Industrial

Manufacturing

Midwest

52,000

563,715

0.66

%

CPI

February-10

February-35

Deloro Stellite (DS) Group Ltd. Total Total

52,000

563,715

0.66

%

Aviva France (fka Tellit Assurances — Sun Alliance) (3)

Rouen, France

Office

Finance and Insurance

Europe

27,593

488,535

0.57

%

INSEE(2)

September-10

September-10

Aviva France (fka Tellit Assurances — Sun Alliance) Total

27,593

488,535

0.57

%

Childtime Childcare, Inc. (10)

Chandler, AZ

Other Properties

Health Care and Social Assistance

West

2,026

32,259

0.04

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Tucson, AZ

Other Properties

Health Care and Social Assistance

West

2,165

33,628

0.04

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Alhambra, CA

Other Properties

Health Care and Social Assistance

West

2,262

48,506

0.06

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Chino, CA

Other Properties

Health Care and Social Assistance

West

2,166

42,366

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Garden Grove, CA

Other Properties

Health Care and Social Assistance

West

2,848

41,657

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Tustin, CA

Other Properties

Health Care and Social Assistance

West

2,264

48,128

0.06

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Westland, MI

Other Properties

Health Care and Social Assistance

Midwest

2,472

24,135

0.03

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Sterling Heights, MI

Other Properties

Health Care and Social Assistance

Midwest

2,311

43,736

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Westland, MI

Other Properties

Health Care and Social Assistance

Midwest

2,787

31,645

0.04

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Carrollton, TX

Other Properties

Health Care and Social Assistance

South

2,438

42,083

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Duncanville, TX

Other Properties

Health Care and Social Assistance

South

2,438

42,083

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. (10)

Lewisville, TX

Other Properties

Health Care and Social Assistance

South

2,440

42,083

0.05

%

CPI

January-16

January-41

Childtime Childcare, Inc. Total

28,617

472,309

0.55

%

ALCOA Inc

Salisbury, NC

Warehouse/Distribution

Manufacturing

East

200,000

459,082

0.54

%

CPI

June-10

June-20

ALCOA Inc Total

200,000

459,082

0.54

%

Ticker: WPC www.wpcarey.com

EXHIBIT E

							Percentage of		Increase			Lease	Maximum
Tenant/Lease Guarantor	Property Location	Property Type	Tenant Type	Region	Square Footage		Annual Rent		Total Rent			Factor	Expiration	Term
Yale Security, Inc.	Lemont, IL	Industrial	Manufacturing	Midwest		113,133		459,000		0.54	%	Stated	March-11	March-11
Yale Security, Inc. Total						113,133		459,000		0.54	%
Affiliated Foods Southwest, Inc.	Hope, AR	Retail	Wholesale Trade	South		35,784		85,882		0.10	%	CPI	March-07	March-37
Affiliated Foods Southwest, Inc.	Hope, AR	Retail	Wholesale Trade	South		21,932		34,745		0.04	%	CPI	March-07	March-22
Affiliated Foods Southwest, Inc.	Little Rock, AR	Retail	Wholesale Trade	South		64,358		279,522		0.33	%	None	January-09	January-24
Affiliated Foods Southwest, Inc. Total						122,074		400,149		0.47	%
Kmart Corporation	Citrus Heights, CA	Retail	Retail Trade	West		89,760		180,000		0.21	%	None	May-11	May-26
Kmart Corporation	Drayton Plains, MI	Retail	Retail Trade	Midwest		103,018		210,000		0.25	%	None	March-11	March-26
Kmart Corporation Total						192,778		390,000		0.46	%
Industrial Data Systems Corp. (aka Petrocon Engineering, Inc.)	Beaumont, TX	Office	Construction	South		34,300		288,120		0.34	%	Stated	December-11	December-14
Industrial Data Systems Corp. (aka Petrocon Engineering, Inc.)	Beaumont, TX	Office	Construction	South		8,580		72,072		0.08	%	Stated	December-11	December-14
Industrial Data Systems Corp. (aka Petrocon Engineering, Inc.) Total						42,880		360,192		0.42	%
Laboratoires Nycomed Amersham (3)	Pantin, France	Office	Manufacturing	Europe		15,404		349,320		0.41	%	INSEE(2)	January-10	January-10
Laboratoires Nycomed Amersham Total						15,404		349,320		0.41	%
Faurecia Exhaust Systems, Inc. (fka AP Parts Manufacturing, Co.)	Toledo, OH	Industrial	Manufacturing	Midwest		61,000		336,000		0.39	%	CPI	November-22	November-42
Faurecia Exhaust Systems, Inc. (fka AP Parts Manufacturing, Co.) Total						61,000		336,000		0.39	%
Alstom Power Inc.	Erlanger, KY	Warehouse/Distribution	Professional, Scientific and Technical Servic	es East		118,200		287,226		0.34	%	Stated	May-13	May-13
Alstom Power Inc. Total						118,200		287,226		0.34	%
Roof Center, Inc., The	Manassas, VA	Industrial	Wholesale Trade	East		60,446		280,901		0.33	%	Stated	July-09	July-09
Roof Center, Inc., The Total						60,446		280,901		0.33	%
Winn-Dixie, Inc.	Montgomery, AL	Retail	Retail Trade	South		32,690		138,933		0.16	%	% Sales	March-08	March-38
Winn-Dixie, Inc.	Brewton, AL	Retail	Retail Trade	South		30,625		134,500		0.16	%	% Sales	October-10	October-10
Winn-Dixie, Inc. Total						63,315		273,433		0.32	%
US WEST Communications, Inc. (Qwest Communications)	Scottsdale, AZ	Industrial	Information	West		2,900		175,735		0.21	%	None	February-07	February-07
US WEST Communications, Inc. (Qwest Communications)	Scottsdale, AZ	Industrial	Information	West		1,560		94,535		0.11	%	None	February-07	February-07
US WEST Communications, Inc. (Qwest Communications) Total						4,460		270,270		0.32	%
Honeywell, Inc.	Houston, TX	Office	Manufacturing	South		86,989		36,000		0.04	%	Stated	September-10	September-05
Honeywell, Inc.	Houston, TX	Warehouse/Distribution	Manufacturing	South		32,320		228,828		0.27	%	Stated	September-10	December-22
Honeywell, Inc. Total						119,309		264,828		0.31	%
SARL S3T(11)	Loire, France	Office	Information	Europe		55,594		263,045		0.31	%	INSEE(2)	May-08	May-08
SARL S3T Total						55,594		263,045		0.31	%
Northern Tube, Inc.	Pinconning, MI	Industrial	Manufacturing	Midwest		220,588		254,538		0.30	%	CPI	July-13	July-23
Northern Tube, Inc. Total						220,588		254,538		0.30	%
Direction Regional des Affaires Sanitaires et Sociales(3)	Rouen, France	Office	Public Administration	Europe		19,214		240,750		0.28	%	INSEE(2)	March-06	March-06
Direction Regional des Affaires Sanitaires et Sociales Total						19,214		240,750		0.28	%
Penberthy Products, Inc.	Prophetstown, IL	Industrial	Manufacturing	Midwest		161,878		237,486		0.28	%	CPI	April-11	April-26
Penberthy Products, Inc. Total						161,878		237,486		0.28	%
DSM Food Specialties (11)	Lille, France	Office	Wholesale Trade	Europe		29,870		228,879		0.27	%	INSEE(2)	May-08	May-08
DSM Food Specialties Total						29,870		228,879		0.27	%
Ace Hardware (Bay Area Blvd, Houston TX)	Houston, TX	Retail	Wholesale Trade	South		23,569		212,121		0.25	%	Stated	March-16	March-16
Ace Hardware (Bay Area Blvd, Houston TX) Total						23,569		212,121		0.25	%
Verizon Communications, Inc.	Milton, VT	Industrial	Information	East		30,624		208,467		0.24	%	Stated	February-13	February-13
Verizon Communications, Inc. Total						30,624		208,467		0.24	%
Department de Seine St. Denis(3)	Pantin, France	Office	Public Administration	Europe		8,451		207,875		0.24	%	INSEE(2)	December-11	December-11
Department de Seine St. Denis Total						8,451		207,875		0.24	%
La Region Ile de France(3)	Pantin, France	Office	Public Administration	Europe		7,613		183,012		0.21	%	INSEE(2)	October-12	October-12
La Region Ile de France Total						7,613		183,012		0.21	%
GIE Groupe Vauban(3)	Pantin, France	Office	Finance and Insurance	Europe		7,613		171,200		0.20	%	INSEE(2)	September-12	September-12
GIE Groupe Vauban Total						7,613		171,200		0.20	%

Ticker: WPC www.wpcarey.com

EXHIBIT E

							Percentage of		Increase			Lease	Maximum
Tenant/Lease Guarantor	Property Location	Property Type	Tenant Type	Region	Square Footage		Annual Rent		Total Rent			Factor	Expiration	Term
Xerox Corporation	Hot Springs, AR	Retail	Manufacturing	South		36,850		167,667		0.20	%	None	May-10	May-21
Xerox Corporation Total						36,850		167,667		0.20	%
Continental Airlines, Inc.	Houston, TX	Warehouse/Distribution	Transportation and Warehousing	South		25,125		157,200		0.18	%	Stated	July-08	July-08
Continental Airlines, Inc. Total						25,125		157,200		0.18	%
Golder Associates Inc.	Houston, TX	Office	Professional, Scientific and Technical Servic	es South		11,396		103,368		0.12	%	None	October-10	October-20
Golder Associates Inc. Total						11,396		103,368		0.12	%
Custom Training Group	Houston, TX	Warehouse/Distribution	Educational Services	South		4,456		40,080		0.05	%	Stated	August-06	August-06
Custom Training Group	Houston, TX	Warehouse/Distribution	Educational Services	South		7,248		59,400		0.07	%	Stated	December-06	December-06
Custom Training Group Total						11,704		99,480		0.12	%
RATP (3)	Pantin, France	Office	Transportation and Warehousing	Europe		3,407		82,009		0.10	%	INSEE(2)	November-09	November-09
RATP Total						3,407		82,009		0.10	%
General Services Administration (US Government) in Bloomington ,IL	Bloomingdale, IL	Office	Public Administration	Midwest		3,949		74,834		0.09	%	Stated	April-06	April-06
General Services Administration (US Government) in Bloomington ,IL Total						3,949		74,834		0.09	%
Sverdrup Technology Inc.	Houston, TX	Warehouse/Distribution	Professional, Scientific and Technical Servic	es South		10,960		73,644		0.09	%	None	January-06	January-07
Sverdrup Technology Inc. Total						10,960		73,644		0.09	%
Bike Barn Holding Company, Inc. (Bay Area Blvd, Houston, TX)	Houston, TX	Retail	Retail Trade	South		6,216		71,280		0.08	%	Stated	August-10	August-10
Bike Barn Holding Company, Inc. (Bay Area Blvd, Houston, TX) Total						6,216		71,280		0.08	%
Work Ready, Inc (Century Plaza Drive Houston, TX)	Houston, TX	Warehouse/Distribution	Health Care and Social Assistance	South		7,306		70,560		0.08	%	Stated	August-06	August-06
Work Ready, Inc (Century Plaza Drive Houston, TX) Total						7,306		70,560		0.08	%
Kenyon International Emergency Services (Pepsi)	Houston, TX	Warehouse/Distribution	Manufacturing	South		17,725		70,014		0.08	%	Stated	October-09	October-19
Kenyon International Emergency Services (Pepsi) Total						17,725		70,014		0.08	%
Richard Millburn Academy (Century Plaza Drive Houston, TX)	Houston, TX	Warehouse/Distribution	Educational Services	South		7,860		69,840		0.08	%	Stated	September-08	September-08
Richard Millburn Academy (Century Plaza Drive Houston, TX) Total						7,860		69,840		0.08	%
L’Agence Nationale Pour L’Emploi (3)	Pantin, France	Office	Public Administration	Europe		3,633		67,353		0.08	%	INSEE(2)	June-07	June-07
L’Agence Nationale Pour L’Emploi Total						3,633		67,353		0.08	%
Raytheon Company	Webster, TX	Industrial	Professional, Scientific and Technical Servic	es South		9,138		65,796		0.08	%	Stated	July-10	July-25
Raytheon Company Total						9,138		65,796		0.08	%
Rocky Mountain Pool Table Co. (Broomfield Tech Center)	Broomfield, CO	Office	Retail Trade	West		13,091		62,112		0.07	%	None	March-06	March-06
Rocky Mountain Pool Table Co. (Broomfield Tech Center) Total						13,091		62,112		0.07	%
AFPOLS (3)	Pantin, France	Office	Public Administration	Europe		3,488		58,654		0.07	%	INSEE(2)	June-08	June-08
AFPOLS Total						3,488		58,654		0.07	%
Tru-Check, Inc.	Broomfield, CO	Office	Information	West		14,914		51,602		0.06	%	None	February-06	February-06
Tru-Check, Inc. Total						14,914		51,602		0.06	%
Trans American Automation Inc. (Century Plaza Drive Houston, TX)	Houston, TX	Warehouse/Distribution	Manufacturing	South		5,632		48,660		0.06	%	Stated	February-07	February-12
Trans American Automation Inc. (Century Plaza Drive Houston, TX) Total						5,632		48,660		0.06	%
Olmstead Kirk Paper Company (Beaumont, TX)	Beaumont, TX	Office	Manufacturing	South		5,760		40,102		0.05	%	Stated	December-07	December-07
Olmstead Kirk Paper Company (Beaumont, TX) Total						5,760		40,102		0.05	%
Rhino Liners	Broomfield, CO	Office	Retail Trade	West		5,517		35,861		0.04	%	None	June-06	June-06
Rhino Liners Total						5,517		35,861		0.04	%
Introtell (Broomfield Tech Center)	Broomfield, CO	Office	Retail Trade	West		10,952		34,080		0.04	%	None	February-10	February-10
Introtell (Broomfield Tech Center) Total						10,952		34,080		0.04	%
			Administrative and Support and Waste
Facilities Management Solutions	Webster, TX	Warehouse/Distribution	Management and Remediation Services	South		3,600		30,240		0.04	%	Stated	December-05	December-05
Facilities Management Solutions Total						3,600		30,240		0.04	%

Ticker: WPC www.wpcarey.com

EXHIBIT E

									Percentage of		Increase			Lease		Maximum
Tenant/Lease Guarantor	Property Location	Property Type	Tenant Type			Region	Square Footage		Annual Rent		Total Rent			Factor		Expiration		Term
G.T. of the Front Range	Broomfield, CO	Office	Retail Trade			West		9,401		25,956		0.03	%	None		May-06		May-06
G.T. of the Front Range Total								9,401		25,956		0.03	%
Aardvark IT Solutions	Broomfield, CO	Office	Retail Trade			West		5,953		19,347		0.02	%	None		September-06			N/A
Aardvark IT Solutions Total								5,953		19,347		0.02	%
Michael Lau	Broomfield, CO	Office		N/A		West		4,162		14,400		0.02	%	None		April-06		April-06
Michael Lau Total								4,162		14,400		0.02	%
Marathon System Service	Broomfield, CO	Office	Information			West		2,283		14,177		0.02	%	None		November-07		November-07
Marathon System Service Total								2,283		14,177		0.02	%
Sundew Technologies	Broomfield, CO	Office	Management and Remediation Services			West		3,745		12,805		0.01	%	None		October-07		October-07
Sundew Technologies Total								3,745		12,805		0.01	%
Red Cloud Telecom Products, Inc.	Broomfield, CO	Office	Information			West		2,093		12,000		0.01	%	None		June-06		June-06
Red Cloud Telecom Products, Inc. Total								2,093		12,000		0.01	%
Appointment Quest	Broomfield, CO	Office	Information			West		1,670		11,460		0.01	%	None		May-06			N/A
Appointment Quest Total								1,670		11,460		0.01	%
Abilis	Pantin, France	Office	Other Services (except Public Administ			ration) Europe		0		9,178		0.01	%	INSEE(2)		February-07		January-08
Abilis Total								0		9,178		0.01	%
Classic Cuisines Catering	Bloomingdale, IL	Office	Accomodation and Food Services			Midwest		1,000		9,000		0.01	%	None		October-08			N/A
��
Classic Cuisines Catering Total								1,000		9,000		0.01	%
Ass Comite Dept du Tourisme	Pantin, France	Office	Tourism			Europe		N/A		8,385		0.01	%	INSEE(2)		June-07		June-07
Ass Comite Dept du Tourisme Total								0		8,385		0.01	%
AT&T Wireless Service	Broomfield, CO	Office	Information			West		730		8,208		0.01	%	Stated		May-06			N/A
AT&T Wireless Service Total								730		8,208		0.01	%
Fine Art Mannequins, LLC	Broomfield, CO	Office		N/A		West		2,209		7,643		0.01	%	None		April-07		April-07
Fine Art Mannequins, LLC Total								2,209		7,643		0.01	%
Remote Access Diagnostic Radiography	Broomfield, CO	Office		N/A		West		2,093		7,179		0.01	%	None		October-06		October-06
Remote Access Diagnostic Radiography Total								2,093		7,179		0.01	%
Orange(3)	Pantin, France	Office	Information			Europe		N/A		6,137		0.01	%	None		June-15			N/A
Orange Total								0		6,137		0.01	%
Photo Center	Hot Springs, AR	Retail	Manufacturing			South		340		4,800		0.01	%		N/A		N/A		N/A
Photo Center Total								340		4,800		0.01	%
Byron Jacquot	Broomfield, CO	Office		N/A		West		1,105		3,978		0.00	%	None		September-06		September-06
Byron Jacquot Total								1,105		3,978		0.00	%
DLH Management Corporation	Broomfield, CO	Office		N/A	��	West		1,510		2,280		0.00	%	None		February-06		February-06
DLH Management Corporation Total								1,510		2,280		0.00	%
Tempered Air Services, Inc.	Broomfield, CO	Office		N/A		West		1,200		1,200		0.00	%	None		December-05		December-05
Tempered Air Services, Inc. Total								1,200		1,200		0.00	%

Ticker: WPC www.wpcarey.com

EXHIBIT E

Percentage of

Increase

Lease

Maximum

Tenant/Lease Guarantor

Property Location

Property Type

Tenant Type

Region

Square Footage

Annual Rent

Total Rent

Factor

Expiration

Term

Vacant

Cincinnati, OH

Industrial

Manufacturing

Midwest

593,340

Vacant

Travelers Rest, SC

Industrial

N/A

East

181,700

—

—

N/A

N/A

N/A

Vacant

Salisbury, NC

Warehouse/Distribution

N/A

East

88,000

Vacant

Erlanger, KY

Warehouse/Distribution

N/A

East

79,200

—

—

N/A

N/A

N/A

Vacant

Moorestown, NJ

Office

N/A

East

65,567

Vacant

Reno, NV

Office

Transportation and Warehousing

West

53,158

N/A

N/A

N/A

Vacant

Bloomingdale, IL

Office

N/A

Midwest

36,967

—

—

N/A

N/A

N/A

Vacant

Bay Minette, AL

Retail

N/A

South

34,887

Vacant

Broomfield, CO

Office

N/A

West

22,477

Vacant

Webster, TX

Industrial

N/A

South

17,859

Vacant (Common Area Space)

Bloomingdale, IL

Office

N/A

Midwest

14,084

Vacant

Salisbury, NC

Industrial

N/A

East

13,284

Vacant

Salisbury, NC

Warehouse/Distribution

N/A

East

10,681

—

—

N/A

N/A

N/A

Vacant

Broomfield, CO

Office

N/A

West

5,819

—

—

N/A

N/A

N/A

Vacant

Houston, TX

Office

N/A

South

5,742

Vacant

Paris, France

Office

N/A

Europe

2,301

Vacant

Broomfield, CO

Office

N/A

West

1,033

—

—

N/A

N/A

N/A

Vacant Total

1,226,099

—

—

Grand Total

17,074,370

85,566,789

100

%

(1)	WPC LLC owns 95% of this property. Rents reflect a conversion rate of 1.1844 USD/EUR as of December 31, 2005.
(2)	INSEE construction index, an index published quarterly by the French Government.
(3)	WPC LLC owns 75% of this property. Rents reflect a conversion rate of 1.1844 USD/EUR as of December 31, 2005.
(4)	WPC LLC owns 22.5% of this property. Rents reflect a conversion rate of 1.1844 USD/EUR as of December 31, 2005.
(5)	WPC LLC owns 40% of this property.
(6)	WPC LLC owns 74.583% of this property.
(7)	WPC LLC owns 50% of this property.
(8)	WPC LLC owns 33.33% of this property.
(9)	WPC LLC owns 36.00% of this property.
(10)	WPC LLC owns 33.93% of this property.
(11)	WPC LLC owns 80% of this property. Rents reflect a conversion rate of 1.1844 USD/EUR as of December 31, 2005.

Ticker: WPC www.wpcarey.com