SFC Spirit Fin Corp

Spirit Finance Corporation (NYSE:SFC) today announced the commencement of a public offering of 9,000,000 shares of its common stock, par value $.01 per share. Spirit intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,350,000 shares of its common stock to cover over-allotments, if any. Citigroup and Banc of America Securities LLC are the joint book-running managers for the offering and UBS Investment Bank is the joint lead manager. A.G. Edwards, Robert W. Baird & Co., and Raymond James are co-managers for the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. A prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., 388 Greenwich Street, New York, New York 10013.