ANNALY CAP MGMT INC

CUSIP: 035710AA0 Class: CNV

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q2 2014
Shares 155,000 Value ($000) $164 Avg Close — Range —
Q1 2014
Shares 4,907,000 Value ($000) $5,226 Avg Close — Range —
Q4 2013
Shares 4,907,000 Value ($000) $5,152 Avg Close — Range —
Q3 2013
Shares 4,957,000 Value ($000) $5,415 Avg Close — Range —
Q2 2013
Shares 4,985,000 Value ($000) $5,583 Avg Close — Range —