Annaly Capital Management, Inc. Announces Preferred Dividends

In the release dated November 13, 2012, the last sentences of the first, second and third paragraphs should end with the date December 3, 2012 (sted December 1, 2012).

The corrected release reads:

ANNALY CAPITAL MANAGEMENT, INC. ANNOUNCES PREFERRED DIVIDENDS

In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly”), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the fourth quarter of $0.492188 per share of Series A Preferred Stock. This dividend is payable on December 31, 2012 to Series A Preferred Stock shareholders of record as of December 3, 2012.

In accordance with the terms of Annaly’s 7.625% Series C Cumulative Redeemable Preferred Stock (“Series C Preferred Stock”), the Board of Directors of Annaly has declared a Series C Preferred Stock cash dividend for the fourth quarter of $0.476563 per share of Series C Preferred Stock. This dividend is payable on December 31, 2012 to Series C Preferred Stock shareholders of record as of December 3, 2012.

In accordance with the terms of Annaly’s 7.50% Series D Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), the Board of Directors of Annaly has declared the first Series D Preferred Stock cash dividend payable of $0.5625 per share of Series D Preferred Stock (which reflects the accrual of dividends since September 13, 2012 through December 31, 2012). This dividend is payable on December 31, 2012 to Series D Preferred Stock shareholders of record as of December 3, 2012.

Annaly’s principal business objective is to generate net income for distribution to its shareholders from its Investment Securities and from dividends it receives from its subsidiaries. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”).

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