FINANCIAL REPORT FOR THE FISCAL PERIOD ENDED AUGUST 31, 2007
(From March 1, 2007 to August 31, 2007)
October 22, 2007
Name of Issuer of Real Estate Investment Trust:LCP Investment Corporation

Stock Exchange:

Tokyo Stock Exchange

Code Number:

8980

URL:

http://www.lcp-reit.co.jp

Location of Head Office:Tokyo

Inquiries to:(Asset Management Company)
LCP REIT Advisors Co., Ltd.
Responsible Person: Yuji Kubo
Title: Director, Financial Department
Tel: +81-3-3272-7311

Date of Board Meeting for Settlement of Accounts:

October 22, 2007

Commencement Date of Payment of Dividends:

November 21, 2007 (Scheduled)

1. Performance for the Fiscal Period Ended August 31, 2007
(March 1, 2007 through August 31, 2007)（Note: Amounts less than one million yen have been omitted）(1) Operating Results(Million Yen)
Operating Revenue

Operating Income

Ordinary Income

Fiscal Period Ended
August 31, 2007

3,316

71.2％

1,744

74.5%

1,233

58.4%

1,936

105.0%

999

84.6%

778

126.0%

Fiscal Period Ended
February 28, 2007(Yen)
Return on

Ordinary

Unit Holders’

IncomeEquity (ROE)to Total Assets

Net Income
Net Income

Ordinary Income toper Unit

Operating Revenues

Fiscal Period Ended
August 31, 2007

1,232

58.5 %¥14,190

3.6%

1.5%

37.2%

777

126.9 %

¥13,116

2.9%

1.4%

40.2%

Fiscal Period Ended
February 28, 2007

(Notes)Net income per unit is calculated utilizing the average number of investment units for the period.
The average number of investment units for the fiscal period ended August 31, 2007 was 86,854 units.
The average number of investment units for the fiscal period ended February 28, 2007 was 59,300 units.

The information above is translated from the first page of the Japanese “Kessan Tanshin” report, dated October 22, 2007.
LCP Investment Corporation makes no assurance or warranty with respect to the completeness or accuracy of this English
translation. To guarantee complete and accurate information, please refer to the original report in Japanese.

（Total Distribution: Amounts less than one million yen have been omitted）(2) Distributions
Distribution

Total

Distribution in

Total Distributions

PayoutDistribution

Per Unit

Distributions

Excess ofIn Excess ofRatio

Ratio(Yen)(million yen)

Earnings per Unit (Yen)

Earnings

toUnitholders’
EquityFiscal Period Ended
August 31, 2007

¥13,425

1,232−−

100.0%

3.0%¥13,116777−−

100.0%

2.9%

Fiscal Period Ended
February 28, 2007

Note: The payout ratio is rounded off to the first decimal place.

(3) Financial Position(Million yen, unless otherwise stated)

Total Assets

Total Unit Holders’Unit Holders’ Equity to

Unit Holders’ Equity per

EquityTotal Assets

Investment Unit (Yen)

Fiscal Period Ended
102,182

41,55540.7%¥452,675

57,813

26,98246.7%¥455,011

August 31, 2007
Fiscal Period Ended
February 28, 2007
Note: Shareholders’ equity of August 31, 2007 is 41.555 million yen.
Shareholders’ equity of February 28, 2007 is 26,982 million yen.

(4) Cashflow Results(Million yen, unless otherwise stated)

Cash flow from

Cash flow from

Cash flow from

Cash and cash equivalents

operating activities

investing activities

Financing activities

at end of year

Fiscal Period Ended
5,558△45,808

41,968

5,124

1,523

△6,481

6,151

3,406

August 31, 2007
Fiscal Period Ended
February 28, 2007

2. Forecast of Results for the Next Fiscal Period (September 1, 2007 through February 29, 2008)(Million yen, unless otherwise stated)
OperatingOrdinary

Revenues

IncomeNet Income

DistributionDistribution in Excess ofper Unit (Yen)

Earning per Unit (Yen)

Fiscal Period Ended
3,682

1,424

1,423

¥15,500

February 29, 2008
(Reference) Estimated net income per unit for the next fiscal period ending February 29, 2008: ¥15,500

The information above is translated from the first page of the Japanese “Kessan Tanshin” report, dated October 22, 2007.
LCP Investment Corporation makes no assurance or warranty with respect to the completeness or accuracy of this English
translation. To guarantee complete and accurate information, please refer to the original report in Japanese.

¥−3. Oters(1) Changes in accounting policies① Changes due to accounting standards : None
② Other changes : None(2)Investment units outstanding① Investment units outstanding (including units owned by PRI) at fiscal period-ends:
91,800 units as of August 31,2007; 59,300 unite as of February 28,2007② Investment units owned by LCP at fiscal period-ends:
0 units as of August 31,2007; 0 units as of February 28,2007(Note) Please refer to “Information per Unit” on page 18 with respect to the number of investment units used as thebase to calculate the aforementioned “net income per investment unit.”* Disclaimer regarding “Forecasts of Revenues and Earnings”
Forward-looking statements such as forecasts of revenues and earnings in this document are based on manysources including current information available to LCP’s management as well as the assumptions judged to berational by management. These forward-looking statements are not guarantees of future performance and they
involve risks and uncertainties. As a result of various factors, actual results may differ materially from those in theforward-looking statements. With respect to the assumptions underlying such forecasts, please refer to 2)
Management policy and Operating Conditions (2) Operating Conditions.

The information above is translated from the first page of the Japanese “Kessan Tanshin” report, dated October 22, 2007.
LCP Investment Corporation makes no assurance or warranty with respect to the completeness or accuracy of this English
translation. To guarantee complete and accurate information, please refer to the original report in Japanese.