ANNALY CAP MGMT INC

CUSIP: 035710AA0 Class: CNV

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 8,352,000 Value ($000) $8,482,500 Avg Close — Range —
Q2 2014
Shares 8,352,000 Value ($000) $8,832,240 Avg Close — Range —