Eagle Point Credit Company Inc. Announces Fourth Quarter 2016 Series B Preferred Stock Distributions

Eagle Point Credit Company Inc. (the "Company") (NYSE:ECC, NYSE:ECCA, NYSE:ECCB, NYSE:ECCZ) is pleased to announce the declaration of distributions on shares of the Company's 7.75% Series B Term Preferred Stock due 2026 (the "Series B Preferred Stock").

The Company has declared distributions of $0.269098 and $0.161459 per share on its Series B Preferred Stock, payable on each of November 30, 2016 and December 30, 2016, respectively. The following schedule applies to the distributions:
Ex-Dividend Date             Record Date             Payable Date            

Amount per share ofSeries B Preferred Stock
November 10, 2016             November 15, 2016             November 30, 2016             $0.269098
December 13, 2016             December 15, 2016             December 30, 2016             $0.161459
                                   

The distributions on the Series B Preferred Stock reflect an annual distribution rate of 7.75% of the $25 liquidation preference per share of the Series B Preferred Stock for the initial dividend period ending November 30 and for the month of December.

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