5million original principal amount of the 5

ECP's investment provided SOMDIAA with working capital to expand its existingbusiness, as well as funds to acquire flour milling companies in Cameroon andin Reunion Island.Since ECP's investment, SOMDIAA's sugar production hasincreased more than 15 percent, and flour production has more than doubled."Arable land is one of Africa's most significant natural resources.Whencombined with abundant labor, African agricultural commodity producers, suchas SOMDIAA, are able to be among the lowest-cost producers by globalstandards," said Tom Gibian, chief executive officer of ECP."In addition,outlook for growth remains positive as local and global markets continue toexpand, more land is cultivated and developed, and agricultural yields andproduction efficiencies improve."Through its plantations in Cameroon, Chad and the Republic of the Congo,SOMDIAA produces approximately 80 percent of the consumer and industrial sugarsold throughout central Africa.The company was founded in 1970 by theVilgrain family with its initial operation in the Republic of Congo.Itcurrently employs more than 11,000 people on the African continent."Throughout ECP's holding period, we helped SOMDIAA expand and increase thescale of its core sugar and flour businesses through capital investment andstrategic acquisitions," said Hurley Doddy, chief operating officer of ECP. "We also helped increase productivity and profitability by improvingprocesses."The investment in SOMDIAA was made through ECP's AIG African FundInfrastructure Fund L.L.C. (Africa Fund I), which was established in March2000.The $407 million fund made investments throughout Africa primarily intelecommunications, natural resources, agribusiness, transportation, and powerand water.ECP's previous investments in the agribusiness sector include thefirm's 3.4x initial investment divestiture from natural rubber company SocieteInternationale de Plantations d'Heveas.ABOUT ECPEmerging Capital Partners (ECP) is the first private equity firm to raise morethan $1.5 billion to invest in companies across the African continent.TheECP team has a track record of nearly nine years of pan-African investing. The firm's investment strategy is focused on delivering consistentlyabove-market returns to investors that are uncorrelated to the U.S. and otherglobal economies.For more information, please see SOURCEEmerging Capital PartnersJennifer Gill, FD for ECP, 1-213-452-6458, . Fourth Quarter and Year End 2008 Results Will Be Announced on February 25,2009Final Dividend Allocation for 2008NEW YORK, Jan.

14 /PRNewswire-FirstCall/ Lexington Realty Trust("Lexington") (NYSE: LXP), a real estate investment trust (REIT) focused onsingle-tenant real estate investments, announced the following transactionsthat occurred during the quarter ended December 31, 2008.(Logo: http://)Debt RepurchasesThrough unsolicited offers, Lexington repurchased an aggregate of $88.5million original principal amount of the 5.45 Exchangeable Guaranteed Notesissued by its former subsidiary, The Lexington Master Limited Partnership, forapproximately $60.5 million (plus accrued interest), representing a 31.6discount and consisting of $51.7 million in cash and 597,826 common shareshaving a value at issuance of $8.8 million (or $14.72 per share).As of December 31, 2008, $211.0 million original principal amount of theExchangeable Guaranteed Notes remain outstanding from the $450.0 millionoriginal issuance. Subsequent to quarter end, Lexington repurchased anadditional $11.0 million of original principal amount at a 34.0 discount.Leasing ActivityAt December 31, 2008, Lexington's portfolio was approximately 94.0 leased. On February 2, 2009, Lexington has the option toextend the maturity date of the secured term loan from June 1, 2009 toDecember 1, 2009.Merger with The Lexington Master Limited PartnershipOn December 29, 2008, the holders of a majority of each class of units oflimited partner interests in The Lexington Master Limited Partnership approvedthe Agreement and Plan of Merger, dated as of November 24, 2008, by and amongLexington and The Lexington Master Limited Partnership, and the transactionscontemplated thereby, including the merger of The Lexington Master LimitedPartnership with and into Lexington. Lexington is now 100 owner of all of theassets formerly owned by The Lexington Master Limited Partnership.As a result of the merger, The Lexington Master Limited Partnership is nolonger required to file periodic reports with the Securities and ExchangeCommission.Fourth Quarter 2008 ResultsLexington announced it would release its fourth quarter and year-end 2008results the morning of Wednesday, February 25, 2009.Lexington will conduct awebcast and teleconference that same day at 11:00 a.m Eastern Time. Interested parties may participate in this conference call by accessing thefollowing:Webcast: (877) 407-0778 or (201) 689-8565Please access the website or call the conference center at least fifteenminutes prior to the start of the call to download and install any necessarycomputer audio software and/or register for the call.A replay will be available after the call through midnight Eastern Time onMarch 25, 2009 by accessing:Webcast: , under the Investor Relations linkTelephone: (877) 660-6853 or (201) 612-7415, account 286, conference ID 306317Dividend Allocation InformationLexington also announced final income allocations of its 2008 dividend on itscommon shares and preferred shares as they will be reported on Form 1099-DIV.Common Shares- Total Ordinary RecordPayableTotalDividendsDate DateDistributions Per Share(2) - - 12/31/2007 01/15/2008$1.26408(1)$0.795050 03/31/2008 04/15/2008 $0.33 $0.207555 06/30/2008 07/15/2008 $0.33 $0.207555 09/30/2008 10/15/2008 $0.33 $0.207555Form 1099 - Div Box1a Total CapitalUnrecapturedQualifiedGain Section 1250NondividendDividends(4) Distributions Gain(5)Distributions(6) - - $0.008290$0.299230$0.120780$0.169800 $0.002164$0.078117$0.031532$0.044328 $0.002164$0.078117$0.031532$0.044328 $0.002164$0.078117$0.031532$0.044328 1b 2a 2b 3Series B Cumulative Redeemable Preferred Shares-TotalOrdinaryRecordPayableTotalDividends Date DateDistributions Per Share(2) - -01/31/2008 02/15/2008 $0.503125 $0.36554604/30/2008 05/15/2008 $0.503125 $0.36554607/31/2008 08/15/2008 $0.503125 $0.36554610/31/2008 11/17/2008 $0.503125 $0.365546Form 1099 - Div Box 1a Total CapitalUnrecapturedQualifiedGain Section 1250NondividendDividends(4) Distributions Gain(5)Distributions(6) - -$0.003812$0.137579 $0.055533 $0$0.003812$0.137579 $0.055533 $0$0.003812$0.137579 $0.055533 $0$0.003812$0.137579 $0.055533 $0 1b 2a 2b3Series C Cumulative Convertible Preferred SharesTotalOrdinaryRecordPayableTotalDividends Date DateDistributions Per Share(2) - - 01/31/2008 02/15/2008 $0.812500$0.590324 04/30/2008 05/15/2008 $0.812500$0.590324 07/31/2008 08/15/2008 $0.812500$0.590324 10/31/2008 11/17/2008 $0.812500$0.590324 01/02/2008 01/02/2008 $4.389760(3) $2.760961 Form 1099 - Div Box1a Total CapitalUnrecapturedQualifiedGain Section 1250NondividendDividends(4) Distributions Gain(5)Distributions(6) - -$0.006156$0.222176$0.089681 $0$0.006156$0.222176$0.089681 $0$0.006156$0.222176$0.089681 $0$0.006156$0.222176$0.089681 $0$0.028792$1.039131$0.419446 $0.5896881b 2a2b 3Series D Cumulative Redeemable Preferred Shares(7)TotalOrdinaryRecordPayableTotalDividends Date DateDistributions Per Share(2) - - 03/31/2008 04/15/2008 $0.471875$0.342842 06/30/2008 07/15/2008 $0.471875$0.342842 09/30/2008 10/15/2008 $0.471875$0.342842Form 1099 - Div Box 1a Total CapitalUnrecapturedQualifiedGain Section 1250NondividendDividends(4) Distributions Gain(5)Distributions(6) - -$0.003575$0.129033 $0.052084$0$0.003575$0.129033 $0.052084$0$0.003575$0.129033 $0.052084$01b2a 2b 31.

$1.26408 of the total distribution of $2.475 is taxable in 2008.2. .33506 of Total Ordinary Dividends (Box1a) is Excess Inclusion Income.3 Deemed distribution due to adjustment to conversion ratio.4. Unrecaptured Section 1250 Gain (Box 2b) is a subset of, and is included in, the Total Capital Gain Distributions reported in Box 2a.6 Return of Capital.7. Dividend paid on January 15, 2008 was taxable in 2007.ABOUT LEXINGTON REALTY TRUSTLexington Realty Trust is a real estate investment trust that owns, investsin, and manages office, industrial and retail properties net-leased to majorcorporations throughout the United States and provides investment advisory andasset management services to investors in the net lease area.