Annaly Capital Management, Inc. Announces 3rd Quarter Dividend of
.68 Per Share

NEW YORK, Sep 22, 2010 (BUSINESS WIRE) --

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) declared the third quarter 2010 common stock cash dividend of
.68 per common share. This dividend is payable October 28, 2010 to common shareholders of record on October 4, 2010. The ex-dividend date is September 30, 2010.

The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings will typically differ due to items such as non-taxable unrealized and realized gains and losses, differences in premium amortization and discount accretion, and non-deductible general and administrative expenses.

Dividends may be reinvested through Annaly's Dividend Reinvestment and Share Purchase Plan. Plan information may be obtained from the Plan Administrator, Mellon Investor Services at 1-800-301-5234, at www.annaly.com, or by contacting the Company.

Annaly manages assets on behalf of institutional and individual investors worldwide. The Company's principal business objective is to generate net income for distribution to investors from its investment securities and from dividends it receives from its subsidiaries. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust ("REIT"), and currently has 619,900,863 shares of common stock outstanding.