Capital Automotive LLC Declares Quarterly Preferred Unit Distributions

MCLEAN, Va., July 31 -- 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, 2009 and ending July 31, 2009 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on August 17, 2009 to holders of record as of August 3, 2009.

The Board of Managers has also declared a dividend for the period commencing May 1, 2009 and ending July 31, 2009 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on August 17, 2009 to holders of record as of August 3, 2009.

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
  Senior Vice President and Chief Financial Officer
  Capital Automotive Real Estate Services, Inc.
  703.394.1302