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Capital Offerings Profile

Company NameARMOUR Residential REIT, Inc.
Offering TypeFollow-On
DescriptionClass A common stock, $0.001 par value
Currency of IssueUSD
Trading Symbol (Exchange)ARR (NYSE)
Announcement Date3/8/2012
Trade Date3/9/2012
Settlement Date3/14/2012
Completion Date3/9/2012
Overallotment Expiration4/13/2012
Lock-up Expiration4/8/2012
Date Overallotment Exercised3/9/2012
Shelf Filing Date4/22/2011
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The company plans to use the net proceeds from this offering to acquire additional target assets in accordance with the company's objectives and strategies. Until appropriate assets can be identified, the company may invest the net proceeds from this offering in interest-bearing short-term investments, including funds that are consistent with the company's qualification as a REIT. The company may also use a portion of the net proceeds for general corporate purposes. Prior to the time the company has fully used the net proceeds of this offering, the company may fund its quarterly cash distributions out of such net proceeds.

Offer Price ($)6.72
Gross Amount Offered ($000)208,320
Amount Including Overallotment ($000)239,568
Shares Offered31,000,000
Total Shares Offered35,650,000

Overallotment Amount Available ($000)31,248
Overallotment Shares Available4,650,000
Overallotment Amount Exercised ($000)31,248
Overallotment Shares Exercised4,650,000

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.13,640,00091,661
  Merrill Lynch, Pierce, Fenner & Smith Incorporated13,330,00089,577
  JMP Securities LLC3,100,00020,832
  Ladenburg Thalmann & Co. Inc.930,0006,250

Issuer's CounselAkerman LLP
Underwriter's CounselSkadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Auditor(s)EisnerAmper LLP

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