Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the third quarter ended September 30, 2009.

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Third Quarter 2009 Highlights

    --  Generated Company Funds From Operations ("Company FFO") of $36.8 million
        or $0.30 per diluted share/unit, excluding certain items.
    --  Reduced overall debt by $68.9 million, including $29.2 million face
        amount of Exchangeable Notes at a 15.0% discount.
    --  Executed 23 new and renewal leases, totaling approximately 0.4 million
        square feet.
    --  Raised approximately $15.1 million through property and note sales.
    --  Secured an $11.5 million, 6.375% non-recourse mortgage due in 2014.
    --  Issued approximately 3.4 million common shares generating proceeds of
        $16.0 million.
    --  Recorded non-cash income of $7.0 million related to a forward equity
        commitment to repurchase 3.5 million common shares, impairment charges
        of $36.2 million on real estate and investments and $1.9 million from a
        deferred maintenance payment.

    --  Modified 2009 guidance to reflect 7.2 million common shares issued as
        part of the quarterly dividend payment and under the direct share
        purchase plan.