Analyst Coverage

Firm Analyst
Bank of America Kenneth Bruce
Barclays Mark DeVries
Citi Donald Fandetti
Compass Point Frederick Small
Credit Suisse Douglas Harter
Deutsche Bank George Bahamondes
JP Morgan Richard Shane
JMP Securities Steven DeLaney
KBW Bose George
Nomura Brock Vandervliet
Wells Fargo Securities Joel Houck

Annaly Capital Management, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding performance made by these analysts are theirs alone and do not represent opinions, estimates or forecasts of Annaly Capital Management, Inc. or its management. Annaly Capital Management, Inc. does not by its reference above imply its endorsement of or concurrence with such information, conclusions or recommendations. The list includes analysts currently known by Annaly Capital Management, Inc. to follow the company, but may not be complete and may change as firms add or delete coverage. Annaly Capital Management, Inc. undertakes no obligation to update this list. Annaly Capital Management, Inc. does not distribute information or reports prepared by analysts.

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