Landmark Infrastructure Partners LP Announces Closing of Partial Exercise of Over-Allotment Option

EL SEGUNDO, Calif., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the "Partnership") (Nasdaq: LMRK) announced today that it has closed the issuance of 100,000 common units representing limited partner interests in the Partnership ("Common Units") at $19.00 per Common Unit, pursuant to the partial exercise of the option to purchase additional Common Units granted to the underwriters in connection with the Partnership's recent initial public offering of 2,650,000 Common Units, which closed on November 19, 2014. The Common Units trade on the NASDAQ Global Market under the ticker symbol "LMRK".

At the closing of the issuance of the additional units, the public owned a 35.1% limited partner interest in the Partnership.

The Partnership is a growth-oriented master limited partnership formed to acquire, own and manage a portfolio of real property interests that the Partnership leases to companies in the wireless communication, outdoor advertising and renewable power generation industries. Headquartered in El Segundo, California, the Partnership's real property interests consist of a diversified portfolio of long-term and perpetual easements, tenant lease assignments and fee simple properties located in 42 states and the District of Columbia, entitling the Partnership to rental payments from leases on approximately 700 tenant sites.

Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and RBC Capital Markets, LLC served as joint book-running managers for the initial public offering, and Janney Montgomery Scott LLC served as co-manager for the initial public offering. The offering of these securities was made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the final prospectus may be obtained from:

Robert W. Baird & Co. Incorporated	Raymond James & Associates, Inc.
Attn: Syndicate Department	Attn: Equity Syndicate
777 East Wisconsin Avenue	880 Carillon Parkway
Milwaukee, Wisconsin 53202	St. Petersburg, Florida 33716
Telephone: (800) 792-2473	Telephone: (800) 248-8863
Email: [email protected]	Email: [email protected]
RBC Capital Markets, LLC
Attn: Equity Syndicate
Three World Financial Center
200 Vesey St., 8th Floor
New York, New York 10281
Telephone: (877) 822-4089
Email: [email protected]

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission ("SEC"). The registration statement is available on the SEC's website at www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

You may also obtain a copy of the final prospectus free of charge, at the SEC's website at www.sec.gov under the Partnership's name "Landmark Infrastructure Partners LP."

Cautionary Note Regarding Forward Looking Statements

Disclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws. Statements that do not relate strictly to historical or current facts are forward-looking. These statements contain words such as "possible," "if," "will," "expect" and "assuming" and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant and securities of the Partnership may not ultimately be offered to the public because of general market conditions or other factors. Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the prospectus included in the registration statement, in the form last filed with the SEC. None of the Partnership, Landmark Dividend LLC or the underwriters undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Partnership, Landmark Dividend LLC or the underwriters become aware, after the date hereof, unless required by law.

CONTACT: Landmark Infrastructure Partners LP
         2141 Rosecrans Avenue, Suite 2100
         El Segundo, CA 90245
         (310) 598-3173

Source: Landmark Infrastructure Partners LP

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