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Capital Offerings Profile

Company NameARMOUR Residential REIT, Inc.
Offering TypePreferred Equity
Description8.250% Series A cumulative redeemable preferred stock, $0.001 par value
Currency of IssueUSD
Trading Symbol (Exchange)ARR.PRA (NYSE)
Announcement Date7/13/2012
Completion Date7/31/2012
Shelf Filing Date7/9/2012
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. The company may also use a portion of the net proceeds for general corporate purposes. The company may fund the company's quarterly cash distributions out of such net proceeds. 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.

Shares Offered12,492
Total Shares Offered12,492

Underwriting Fees
Gross Spread (%)2.00

UnderwritersShares UnderwrittenAmount Underwritten($000)
  MLV & Co. LLC12,492-

Issuer's CounselAkerman LLP
Underwriter's CounselLeClairRyan
Auditor(s)EisnerAmper LLP
Clearing House(s)Depository Trust Company

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