Annaly Capital Management, Inc. Expands Agency Investment Team and Corporate Infrastructure

Annaly Capital Management, Inc. (NYSE:NLY) (Annaly) today announced additions to its Agency investment team and corporate infrastructure. “We’re fortunate that we have been able to attract additional talent to help us grow and strengthen our Agency investment team and provide us additional strategic corporate finance talent,” commented Wellington Denahan, Annaly’s Chief Executive Officer.

Kevin Keyes, Annaly’s President, said, “These enhancements to our team support the Company’s overall initiative of expanding prospects for future growth. They enable us to continue diversifying our business and sharpen our ability to deliver attractive, stable returns to our shareholders.”

Agency Investments Team

David Finkelstein, Annaly’s Head of Agency Portfolio, said, “The addition of Ilker Ertas significantly strengthens our management team, as he possesses tremendous experience and invaluable insight in our core Agency strategy. Michael Fania and Roman Shimonov’s expertise broadens our knowledge of the overall mortgage market.”

Ilker Ertas will be joining Annaly as a Managing Director in its Agency portfolio team. Mr. Ertas will be joining Annaly from Citigroup Global Markets, Inc., where he was most recently Managing Director, Securitized Products and Head of Mortgage Derivatives Trading. Mr. Ertas has over 15 years experience as an Agency MBS trader focusing on MBS structured products, including positions with Citigroup, Barclays Capital, and Lehman Brothers. Mr. Ertas has a B.S. from Bogazici University in Istanbul, Turkey and a M.B.A. from the Yale School of Management.

Michael Fania will be joining Annaly as a Vice President in its Agency portfolio team. Mr. Fania joins Annaly from MetLife Investments where he was most recently an Associate Director and responsible for trading and portfolio strategy for a Non-Agency RMBS portfolio. Mr. Fania has a B.A. from Rutgers College and is a CFA charter holder.

Roman Shimonov has joined Annaly as a Vice President in its Agency portfolio team. Mr. Shimonov joined Annaly from the Federal Reserve Bank of New York where he was an Officer and led the team responsible for analysis of the residential mortgage market in support of the Fed’s MBS purchase program. He previously was involved with the day-to-day management and disposition of legacy mortgage securitized products within the multi-billion dollar Maiden Lane portfolios at the New York Fed. Mr. Shimonov previously worked at Goldman Sachs in various roles relating to securitized mortgage credit. Mr. Shimonov holds a B.S. from New York University and is a CFA charter holder.

Corporate Finance Executive

Steven Campbell has joined Annaly as a Managing Director, Head of Annaly Credit Strategy. Mr. Campbell joined Annaly from Fortress Investment Group LLC where he was a Managing Director in the Strategic Capital Group. Prior to Fortress, Steve held positions at D.B. Zwirn, GE Capital and Dean Witter Reynolds. Steve has a B.B.A. from the University of Notre Dame and a M.B.A. from the Graduate School of Business at the University of Chicago.

Other Information

Annaly’s principal business objective is to generate net income for distribution to its shareholders from its investments. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT). Annaly is managed and advised by Annaly Management Company LLC. Each of the individuals named in this release will be employed by Annaly Management Company LLC and provide services to Annaly pursuant to the management agreement between Annaly and Annaly Management Company LLC.

Annaly Capital Management, Inc.Investor Relations, 888-8Annalywww.annaly.com