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Capital Automotive Declares Quarterly Preferred Unit Distributions

May 9, 2007

McLean, Va. — Capital Automotive LLC, a specialty finance company for automotive retail real estate, announced that its board of managers has declared a dividend (for the period commencing Feb. 1, 2007 and ending April 30, 2007) of $0.46875 per series “A” cumulative redeemable preferred unit of the company, payable on May 15, 2007 to holders of record as of May 1, 2007.

The board of managers has also declared a dividend for the period commencing February 1, 2007 and ending April 30, 2007 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on May 15, 2007 to holders of record as of May 1, 2007.

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