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Realty Income Announces Second Quarter Operating Results Conference Call Webcast

    ESCONDIDO, Calif., July 18 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company," (NYSE: O) today announced
that on July 25, 2001 it will hold its second quarter operating results
conference call for analysts and shareholders at 1:30 PM Pacific Time.  Tom A.
Lewis, Chief Executive Officer, and Gary M. Malino, Executive Vice President
and Chief Financial Officer, will conduct the call.

    Webcast Instructions:
    The conference call will be broadcast to shareholders and other interested
parties over the Internet utilizing webcast technology available through PR
Newswire.  The webcast can be accessed as follows:

    --  Go to the Realty Income website at http://www.realtyincome.com
    --  Click on the July 25 conference call icon on the home page
    --  Link to the webcast on the PR Newswire website
    --  Register to hear the call
    --  Click to submit the registration information
    --  Click one more time to hear the call

    Internet technology provides flexibility to shareholders and investors in
that they have the option of hearing the call live or accessing a replay for
30 days after the conclusion of the call.  To access the replay, go to the
Realty Income website and click on the July 25 conference call icon on the
home page.  (The replay will be available approximately 3 hours after the
call.)
    Please note that Internet users will need audio software and speakers in
order to hear the call.  The appropriate software is available to download
(for free) once the event page is opened on the PR Newswire site.  It is
suggested that those who do not already have the required audio software go to
the PR Newswire site, using the procedure listed above, and download it a few
days prior to the scheduled conference call and webcast.  Internet users may
also go to http://www.real.com/products/player/index.html to download the software
directly from RealPlayer.  (The link to the free software is located near the
bottom left of the RealPlayer web page.)
    Realty Income is "The Monthly Dividend Company," a New York Stock Exchange
real estate company dedicated to providing shareholders with dependable
monthly income.  The monthly income is supported by the cash flow from
1,062 retail properties owned under long-term lease agreements with leading
regional and national retail chains.  The Company is an active buyer of
net-leased retail properties nationwide.

    Note to Editors:
    Realty Income press releases are available at no charge by calling our
toll-free investor hotline number:  888-811-2001, or through the Internet at
http://www.realtyincome.com/Investing/News.html .

    For further information please contact Tere Miller, Vice President,
Investor Relations of Realty Income Corporation, +1-760-741-2111, ext. 177



SOURCE Realty Income Corporation




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Related links:
  • http://www.realtyincome.com
    CONTACT:
    Tere Miller, Vice President, Investor
    Relations of Realty Income Corporation, +1-760-741-2111, ext. 177