Lexington Realty Trust announced that it has commenced a registered exchange offer to exchange any and all of its outstanding 4.25% Senior Notes due 2023 (the "Private Notes") that were issued in a private placement for an equal principal amount of new 4.25% Senior Notes due 2023 (the 'Registered Notes') that have been registered under the Securities Act of 1933, as amended. The terms of the exchange offer are contained in the exchange offer prospectus dated January 31, 2014. The exchange offer will expire at 5:00 p.m., New York City time, March 4, 2014, unless extended.

Private Notes tendered pursuant to the exchange offer may be withdrawn at any time prior to the expiration date by following the procedures in the exchange offer prospectus.