Apollo Commercial Real Estate Finance, Inc. Announces Dates For Fourth Quarter 2009 Earnings Release And Conference Call

Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI), announced today that the Company will hold a conference call to review its fourth quarter financial results on Wednesday, February 24, 2010 at 8:30 a.m. Eastern Standard Time. The Company’s fourth quarter 2009 financial results will be released after the market closes on Tuesday, February 23, 2010. During the conference call, company officers will review fourth quarter performance, discuss recent events and conduct a question-and-answer period.

Teleconference Details:

Members of the public who are interested in participating in the Company’s fourth quarter earnings teleconference should dial, from the U.S., [phone], or from outside the U.S., [phone], shortly before 8:30 a.m. and reference the Apollo Commercial Real Estate Finance, Inc. Teleconference Call (number 54918822). Please note that the teleconference call will be available for replay beginning at 9:30 a.m. on Wednesday, February 24, 2010, and ending at midnight on Wednesday, March 3, 2010. To access the replay, callers from the U.S. should dial [phone] and callers from outside the U.S. should dial [phone] and enter conference identification number 54918822.

Webcast:

The conference call will also be available on the Company's website at www.apolloreit.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay of the call will also be available for 30 days on the Company's website.

About Apollo Commercial Real Estate Finance, Inc.

Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a commercial real estate finance company focused primarily on originating, investing in, acquiring and managing senior performing commercial real estate mortgage loans, CMBS, and other commercial real estate-related debt investments in the U.S. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company, an indirect subsidiary of Apollo Global Management, LLC.