March 26, 2007
For Immediate Release
LCP Investment Corporation
Nihon-bashi Nishikawa Bldg.,
1-5-3 Nihon-bashi, Chuo-ku, Tokyo
Shunji Miyazaki: Executive Officer(Securities Code: 8980)

LCP REIT Advisors Co., Ltd.
Nihon-bashi Nishikawa Bldg.,
1-5-3 Nihon-bashi, Chuo-ku, Tokyo
Shunji Miyazaki: CEO

Inquiries:
The LCP REIT Advisors Co., Ltd.
Yuji Kubo: CFO
TEL: +81-3-3272-7311

Notice concerning Debt Financing
LCP Investment Corporation (the “Investment Corporation”) today announced that it has decided
debt financing, the details of which are as follows.

1. Rationale
The proceeds from the Individual Credit Loan below will be used for the acquisition of beneficial
interests in real estate trusts for a total of 3 properties (Lexington Square Daitabashi, Lexington
Square Honjo Azumabashi and AMS TOWER Minami 6-Jo) as announced in the “Notice concerning
Acquisition of Assets” as of December 7, 2006 and January 29, 2007 and the payment of theexpenses related to the acquisition. The proceeds the Term Loan described below will be used for theacquisition of beneficial interests in real estate trusts for a total of 7 properties (Lexington Square
Shirokane Takanawa, Spacia Ebisu, The Palms Yoyogi Uehara Cosmo Terrace, Sun Terrace Yoyogi
Uehara, Park Habio Shinjuku Gyoen, New Edobashi Building and Shuwa Gotanda Building) as
announced in the “Notice concerning Acquisition of Assets” as of March 13, 2007.

2. Details of Debt Financing<Individual Credit Loan>

(i)Lenders: Aozora Bank Ltd (Agent), Resona Bank, Ltd, and Sumitomo Mitsui Banking
Corporation(ii)Amount of Borrowing: ¥3.15 billion(iii) Interest Rate: 3 Months JPY TIBOR + 0.5% (*)(iv) Scheduled Borrowing Date: March 29, 2007(v)

Debt Financing Method: Pursuant to the Individual Credit Loan Agreement (The Third
Individual Credit Loan)executed with the financial institutions described in (i) above on March
27, 2007 based on the Master Credit Loan Agreement as of May 23, 2006(vi) Interest Payment Date:

The last day of each June, September and December falling after theBorrowing Date and the Repayment Date of the Individual Credit Loan (or the previous
business day if such day is a non-business day)(vii) Repayment Method: Principal repayment in full on maturity(viii) Repayment Date: March 28, 2008(ix) Collateral: Secured (The first right of pledge is established on the beneficial interests in trusts
concerning Lexington Square Daitabashi, Lexington Square Honjo Azumabashi and AMS
TOWER Minami 6-Jo which are acquired by the said borrowing funds. The subordinate rightof pledge is established on 30 beneficial interests in real estate trusts which are held by theInvestment Corporation described in the Appendix)(*) The interest rate will be announced when it is determined.

<Term Loan>(i)

Lender: UBS Securities Japan Limited(ii)

Amount of Borrowing: ¥25.8 billion(iii) Interest Rate: 3 Months JPY LIBOR + 1.00% (however, the interest rate applicable to theinitial principal and interest payment date is the ratio determined by the lender based on 4months JPY LIBOR and 5 months JPY LIBOR.) (*)(iv) Scheduled Borrowing Date: March 30, 2007(v)

Debt Financing Method: Pursuant to the Loan Agreement scheduled to be executed with thefinancial institution described in (i) above on March 28, 2007(vi) Interest Payment Date: The 25th day of February, May, August and November (however, theinitial interest payment date is August 27, 2007) and the last due date (or, the following
business day if such day is a non-business day).
(vii) Repayment Methods: ¥ 200 million of the borrowing amount is repaid by March 30, 2008. The
remaining principal amount is repaid in full on the repayment date.
(viii) Repayment Date: March 30, 2010(ix) Collateral: Secured (The first right of is established on 7 beneficial interests in real estate trustswhich are acquired by the proceeds of the borrowing as announced in the “Notice concerning
Acquisition of Assets” as of March 13, 2007.)(*) The interest rate will be announced when it is determined.

3. Use of Funds
Proceeds from the Individual Credit Loan will be used for the acquisition of beneficial interests inreal estate trust for a total of 3 properties as announced in the “Notice concerning Acquisition ofAssets” as of December 7, 2006 and January 29, 2007 and a part of the acquisition of beneficial
interests in real estate trusts for a total of 7 properties as announced in the “Notice concerning
Acquisition of Assets” as of March 13, 2007.

4. Purchase of Interest Rate Cap
Regarding the aforementioned Term Loan, an interest rate cap is purchased in order to reduce therisk of an interest rate rising in the future.
(Interest Rate Cap)(i)

Seller: UBS AG(ii)

Nominal Principal: ¥25.6 billion(iii) Start Date: March 30, 2007(iv) End Date: March 30, 2010(v)

Interest Rate to be Capped: 3 Months JPY LIBOR(vi) Interest Rate Revised Date: The 25th day of February, May, August and November after theexecution date of the said loan and the last repayment date (or, the following business day ifsuch day is a non-business day)(vii) Cap Rate: 2.00%(viii) Premium: Undetermined (To be announced when it is determined)* This document is being distributed today to the Kabuto Club (the press club of the TSE) as well as to the press clubfor the Ministry of Land, Infrastructure and Transport and the press club for specialty construction newspapers at
the Ministry of Land, Infrastructure and Transport* Website of the Investment Corporation: http://www.lcp-reit.co.jp* This English language notice is a translation of the Japanese language notice issued on the same day and was
prepared solely for the convenience of and reference by overseas investors. LCP Investment Corporation makes nowarranties as to its accuracy or completeness＜Reference>
Condition of Debt Financing after the Borrowings(Unit: millions of yen)
Loan

Before Borrowing

After Borrowing

Balance

Term Loan

22,70048,50025,800Credit Loan

6,490

9,640

3,150

Loan Outstanding (Total)

29,19058,14028,950<Appendix> List of Assets subject to Security Interests of the Third individual Credit Loan

Property Number

Property NameTypeR-1

City House Tokyo Shinbashi

Beneficial interest in real estate trust

R-2

Pure City Roppongi

Beneficial interest in real estate trust

R-3

Winbell Kagurazaka

Beneficial interest in real estate trust

R-4

Nishiwaseda Crescent Mansion

Beneficial interest in real estate trust

R-5

Lexington Square Akebonobashi

Beneficial interest in real estate trust

R-6

Montserrat Yotsuya

Beneficial interest in real estate trust

R-7

Casa Eremitaggio

Beneficial interest in real estate trust

R-8

Homest East Hills

Beneficial interest in real estate trust

R-9

Lexington Square Shimokitazawa

Beneficial interest in real estate trust

R-10

Homest Ikejiri

Beneficial interest in real estate trust

R-11

Towa City Coop Shinotsuka II

Beneficial interest in real estate trust

R-12

Towa City Coop Asukayama

Beneficial interest in real estate trust

R-13

Bichsel Musashiseki

Beneficial interest in real estate trust

R-14

Lexel Mansion Ueno Matsugaya

Beneficial interest in real estate trust

R-15

Cosmo Nishiojima Grand Stage

Beneficial interest in real estate trust

R-16

Towa City Coop Sengencho

Beneficial interest in real estate trust

R-17

Royal Park Ohmachi

Beneficial interest in real estate trust

R-18

Lexington Square HaginomachiBeneficial interest in real estate trust

R-19

Viscontti Kakuozan

Beneficial interest in real estate trust

R-20

Lexington Square Kitahorie

Beneficial interest in real estate trust

R-21

Lexington Square Shinmachi

Beneficial interest in real estate trust

R-22

Luna Coat Tsukamoto

Beneficial interest in real estate trust

O-1

Otsuka Cent Core Building

Beneficial interest in real estate trust

O-2

Ueno Fujita Estate 1

Beneficial interest in real estate trust

O-3

Cross Square NAKANO

Beneficial interest in real estate trust

O-4

Lexington Plaza Hachiman

Beneficial interest in real estate trust

O-5

Ohki Aoba Building

Beneficial interest in real estate trust

O-6

Loc Town Sukagawa

Beneficial interest in real estate trust

O-7

Lexington Plaza Sakaeminami

Beneficial interest in real estate trust

O-8

Valor Takinomizu

Beneficial interest in real estate trust