The phenyl-lead metal complexes ([Pb(m)C6H5]-) produced from the reactions between benzene and lead clusters formed by laser ablation on a lead solid sample are studied by photoelectron spectroscopy (PES) and density functional theory (DFT). The adiabatic electron affinities (EAs) of [Pb(m)C6H5]- are obtained from PES at 308 nm, and the differences between the PES of [Pb(m)C6H5]- and the PES of Pbm- are discussed in detail. The results reveal that the phenyl group binds perpendicularly on lead clusters through the Pb-C sigma bond and the complexes have a closed shell structure. Calculations with DFT are carried out on the structural and electronic properties of [Pb(m)C6H5]-, and the adiabatic detachment energy for the optimized structures of anion are in agreement with the experimental PES results. The density of states (DOS) calculated is compared with experimental PES and is discussed. The most possible structures for each species are concluded, and the bonding between Pb and phenyl is analyzed, which also proves that the phenyl group binds perpendicularly on lead clusters through the Pb-C sigma bond.