Item 1.01. Entry into a Material Definitive Agreement.

On June 9, 2009, Lexington Realty Trust (the "Trust") entered into a Fifth Supplemental Indenture, dated as of June 9, 2009, among the Trust, Lepercq Corporate Income Fund L.P., Lepercq Corporate Income Fund II L.P. and Net 3 Acquisition L.P. and certain subsidiary guarantors of the Trust and U.S. Bank National Association, as trustee, which supplements the Indenture dated as of January 29, 2007, as supplemented by the First Supplemental Indenture, dated as of January 29, 2007, the Second Supplemental Indenture, dated as of March 9, 2007, the Third Supplemental Indenture, dated as of June 19, 2007, and the Fourth Supplemental Indenture, dated as of December 31, 2008 (collectively, the "Indenture").

The Fifth Supplemental Indenture provides for the removal and addition of certain subsidiary guarantors. The Indenture governs the terms of the Trust's 5.45% Exchangeable Guaranteed Notes due 2027.

The foregoing description is qualified in its entirety by reference to the Fifth Supplemental Indenture, which is attached as Exhibit 4.1 to this Current Report.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

4.1 Fifth Supplemental Indenture, dated as of June 9, 2009

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