SFC Spirit Fin Corp

Spirit Finance Corporation (NYSE:SFC), a real estate investment trust focused on single tenant operationally essential real estate, announced that it has closed over $1.0 billion in sale/leaseback and mortgage originations and acquisitions since it began purchasing real estate assets in December 2003. Morton H. Fleischer, Co-Founder, Chairman and CEO of Spirit Finance stated, "We are pleased with our team's ability to achieve this milestone. We firmly believe that we are helping our clients increase their return on equity by employing sale/leaseback capital as a financial tool. We are encouraged that more companies are beginning to appreciate the benefits of leasing rather than owning passive real estate assets." Christopher H. Volk, Co-Founder, President and COO said, "In less than two years, we have made significant progress in transforming Spirit from a concept with a handful of employees to the platform that we have today. We appreciate the dedication of our staff, shareholders and strategic partners in helping us to begin to realize our vision of improving capital efficiency for corporate America through customized sale/leaseback financing solutions." About Spirit Finance Corporation Spirit Finance Corporation provides customized, flexible sale/leaseback financing solutions for single tenant, operationally essential real estate assets that are vital to the operations of retail, service and distribution companies. The Company's core markets include free-standing automotive, drugstores, educational facilities, movie theaters, restaurants, supermarkets, and other retail, distribution and service businesses. Additional information about Spirit Finance Corporation is available on the Company's website at www.spiritfinance.com.