CapLease to Present at NAREIT's REIT Week 2008

CapLease, Inc. (NYSE: LSE) today announced that it will provide a live audio broadcast of its presentation to the investment community at REIT Week 2008: NAREIT's Investor Forum®, held at the Waldorf=Astoria in New York City. The presentation is scheduled for Wednesday, June 4, 2008, at 3:30 p.m. Eastern Time.

The live audio broadcast of the Companys presentation will be available online at the Company's website at www.caplease.com. An online replay of the presentation will also be available on the Companys website shortly after the presentation ends and will be available for approximately 30 days.

About the Company:

CapLease, Inc. is a real estate investment trust, or REIT, that invests primarily in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants.

Contacts:

ICR, Inc.
Investor Relations:
Brad Cohen, 212-217-6393
bcohen@icrinc.com
or
Media:
Liz Brady, 203-682-8230
liz.brady@icrinc.com

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