ARMOUR RESIDENTIAL REIT INC

CUSIP: 042315101 Class: COM

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q2 2015
Shares 99,200 Value ($000) $279 Avg Close — Range —
Q2 2014
Shares 40,000 Value ($000) $173 Avg Close — Range —
Q1 2014
Shares 50,000 Value ($000) $206 Avg Close — Range —
Q4 2013
Shares 100,000 Value ($000) $401 Avg Close — Range —
Q3 2013
Shares 100,000 Value ($000) $420 Avg Close — Range —
Q2 2013
Shares 50,000 Value ($000) $236 Avg Close — Range —