Getty Realty Corp.

We are the largest publicly traded real estate investment trust specializing in the ownership and leasing of service stations, convenience stores and petroleum distribution terminals in the United States. We provide financing to the petroleum and convenience store industries for acquisitions, site upgrades and refinancing through our sale/leaseback and net lease financing programs. We own or lease approximately 1,050 service station and convenience store properties and nine petroleum distribution terminals in twenty-one states.

We were founded in 1955 with the ownership of one gasoline service station in New York City and historically operated as an integrated wholesale and retail marketer and owner of gasoline stations. As our business grew, we combined real estate ownership, leasing and management with petroleum supply and distribution. We had our initial public offering in 1971 under the name Power Test Corp. In 1997, we spun-off our petroleum marketing business to our shareholders as a separate NYSE listed company, Getty Petroleum Marketing Inc., which was acquired in 2000 by a subsidiary of OAO Lukoil, one of Russia's largest integrated oil companies. We lease approximately 78% of our properties to Getty Petroleum Marketing Inc. on a long-term net basis. The balance of the properties are leased to individual operators and petroleum distributors.