Kevin B. Habicht

KEVIN B. HABICHT, Executive Vice President, Chief Financial Officer,
Secretary and Treasurer of Commercial Net Lease Realty, Inc., oversees
all capital and financial reporting matters for the company. Mr. Habicht
served as Vice President of Commercial Net Lease Realty from July 1992
through his appointment as Executive Vice President, Chief Financial
Officer and Assistant Secretary in December 1993. He became Secretary
and Treasurer in 1997. He became a member of Commercial Net Lease
Realty’s Board of Directors in 2000. Mr. Habicht served as Vice
President of CNL Realty Advisors, the former external advisor of
Commercial Net Lease Realty, Inc., upon its inception in 1991. He first
joined CNL Group,the former parent company of CNL Realty Advisors, in
1983, serving as an officer of various company affiliates. From 1981 to
1983, Mr. Habicht was employed by the accounting firm ofCoopers and
Lybrand. Mr. Habicht is a Certified Public Accountant and a Chartered
Financial Analyst. He is a member of the International Council of
Shopping Centers, the National Association of Real Estate Investment
Trusts, the Association for Investment Management and Research and the
Florida Institute of Certified Public Accountants.