ARMOUR RESIDENTIAL REIT INC

CUSIP: 042315101 Class: COM

RAFFLES ASSOCIATES LP's Holding History (CIK: 0001169581)

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

Q4 2014
Shares 350,000 Value ($000) $1,288 Avg Close — Range —
Q3 2014
Shares 450,000 Value ($000) $1,733 Avg Close — Range —
Q2 2014
Shares 450,000 Value ($000) $1,949 Avg Close — Range —
Q1 2014
Shares 525,000 Value ($000) $2,163 Avg Close — Range —
Q4 2013
Shares 525,000 Value ($000) $2,105 Avg Close — Range —
Q3 2013
Shares 325,000 Value ($000) $1,365 Avg Close — Range —
Q2 2013
Shares 325,000 Value ($000) $1,531 Avg Close — Range —