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Press release from Business Wire

Newcastle to Release Third Quarter Results on November 9, 2010

Tuesday, October 26, 2010

Newcastle to Release Third Quarter Results on November 9, 201009:00 EDT Tuesday, October 26, 2010 NEW YORK (Business Wire) -- Newcastle Investment Corp. (NYSE: NCT) announced today that it will release its third quarter results for the period ended September 30, 2010 before the market opens on Tuesday, November 9, 2010. In addition, management will host a conference call on Tuesday, November 9, 2010at 11:00 a.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 1-888-243-2046 (from within the U.S.) or 1-706-679-1533 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Newcastle Third 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 Tuesday, November 23, 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 “19732150.” 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. Newcastle Investment Corp.Lilly H. Donohue, 212-798-6118Director of Investor RelationsorNadean Finke Novogratz, 212-479-5295Investor Relations