July 29, 2011

Capital Automotive LLC Declares Quarterly Preferred Unit Distributions

MCLEAN, Va., July 29, 2011 /PRNewswire/ -- Capital Automotive LLC (the "Company"), the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Managers has declared a dividend for the period commencing May 1, 2011 and ending July 31, 2011 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on August 15, 2011 to holders of record as of August 1, 2011.

The Board of Managers has also declared a dividend for the period commencing May 1, 2011 and ending July 31, 2011 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on August 15, 2011 to holders of record as of August 1, 2011.

About Capital Automotive

Capital Automotive, headquartered in McLean, Virginia, is a Delaware limited liability company. The Company's primary strategy is to acquire real property and improvements used by operators of multi-site, multi-franchised automotive dealerships and related businesses. Additional information on Capital Automotive is available on the Company's Website at http://www.capitalautomotive.com.

Contact Information:
David S. Kay
Executive Vice President, Chief Financial Officer and Treasurer
Capital Automotive Real Estate Services, Inc.
703.394.1302

SOURCE Capital Automotive LLC