Annaly Capital Management and Its FIDAC and RCap Securities Units Expand Management Team

NEW YORK, NY--(BUSINESS WIRE)--Sept. 9, 2009-- Annaly Capital Management, Inc. (NYSE: NLY) today announced the addition of several new members to its management team over the last several months.

They are involved in a range of activities at Annaly and its wholly-owned subsidiaries RCap Securities, Inc., a broker-dealer, and Fixed Income Discount Advisory Company, a registered investment advisor.

“Annaly continues to grow the scope of its asset management and broker dealer activities,” said Michael A.J. Farrell, (top right photo) Chairman, CEO and President of Annaly, “and I am pleased that we are able to add such capable professionals to help drive that growth."

The new personnel include:

Kevin Keyes, Managing Director—Capital Markets. Mr. Keyes has 19 years of experience in the capital markets, most recently as head of global real estate, technology and clean energy capital markets at Bank of America Merrill Lynch.

Robert Karner, Executive Vice President and Head of Investments for CreXus Investment Corp. Mr. Karner has over 25 years of experience in commercial real estate finance, most recently as co-head of Morgan Stanley’s domestic CMBS syndication desk.

Jeff Conti, Executive Vice President and Head of Underwriting for CreXus Investment Corp. Mr. Conti has over 20 years of experience in commercial real estate finance, most notably as a managing director in the fixed income and real estate group of TIAA-CREF, where he was a regional head of commercial mortgage originations.

Laura Zwak DeMare, Executive Vice President. Ms. DeMare has 18 years of experience in financial markets, most recently as head of global marketing for distressed structured products at Bank of America Merrill Lynch.

Mary Rooney, Executive Vice President. Ms. Rooney has 20 years of experience as a financial markets strategist, research analyst and economist, most recently as the head of global credit strategy at Bank of America Merrill Lynch.

Anthony Green, Deputy General Counsel. Mr. Green was a partner at the law firm K&L Gates LLP in Washington, D.C.

John Frost, Vice President. Mr. Frost has over 25 years of experience in fixed income and equity lending activities. He has managed trading operations, trading positions and client relationships for these activities, most recently at Morgan Stanley.

Mike Iannetta, Vice President. Mr. Iannetta’s career spans over 20 years of experience in securities lending activities, predominantly at Morgan Stanley.

Contact: Annaly Capital Management, Inc., Investor Relations, 1-888-8Annaly,