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Press release from Business Wire

Newcastle to Release First Quarter Results on May 7, 2010

Friday, April 30, 2010

Newcastle to Release First Quarter Results on May 7, 201007:00 EDT Friday, April 30, 2010 NEW YORK (Business Wire) -- Newcastle Investment Corp. (NYSE: NCT) announced today that it will release its first quarter results for the period ended March 31, 2010 on May 7, 2010 before the market opens. In addition, management will host a conference call on Friday, May 7at 1:00 p.m. (Eastern Time). A copy of the earnings release will be posted to the Investor Relations section of Newcastle's website provided below. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing (888) 243-2046 (from within the U.S.) or (706) 679-1533 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Newcastle First Quarter Earnings Call.” A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newcastleinv.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast. A telephonic replay of the conference call will also be available until 11:59 p.m. on Friday, May 14, 2010 by dialing 1-800-642-1687 (from within the U.S.) or 1-706-645-9291 (from outside of the U.S.); please reference access code “71825005.” About Newcastle Newcastle Investment Corp. invests in real estate debt and other real estate related assets. Newcastle is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. Newcastle is managed by an affiliate of Fortress Investment Group LLC, a global investment manager. For more information regarding Newcastle Investment Corp. or to be added to our e-mail distribution list, please visit www.newcastleinv.com.