Anthracite Capital to Report Second Quarter 2009 Earnings on August 11

Anthracite Capital, Inc. (NYSE:AHR) (the "Company" or "Anthracite") will report results for the second quarter of 2009 on Tuesday, August 11, 2009. A teleconference call for investors and analysts will be held at 9:00 a.m. (eastern time). Christopher A. Milner, Chief Executive Officer, Richard M. Shea, President and Chief Operating Officer, and James J. Lillis, Chief Financial Officer, will host the call. Anthracite’s second quarter earnings release will be available on the Company’s website, www.anthracitecapital.com, prior to the beginning of the teleconference call.

Teleconference Details

Members of the public who are interested in participating in Anthracite’s second quarter earnings teleconference should dial, from the U.S., [phone], or from outside the U.S., [phone], shortly before 9:00 a.m. and reference the Anthracite Teleconference Call (number 24015717). Please note that the teleconference call will be available for replay beginning at 1:00 p.m. on Tuesday, August 11, 2009, and ending at midnight on Tuesday, August 18, 2009. 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 24015717.

About Anthracite

Anthracite Capital, Inc. is a specialty finance company focused on investments in high yield commercial real estate loans and related securities. Anthracite is externally managed by BlackRock Financial Management, Inc., which is a subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK), one of the largest publicly traded investment management firms in the United States with approximately $1.373 trillion in global assets under management at June 30, 2009. BlackRock Realty Advisors, Inc., another subsidiary of BlackRock, provides real estate equity and other real estate-related products and services in a variety of strategies to meet the needs of institutional investors.