Newcastle Schedules Second Quarter 2012 Earnings Release and Conference Call

Newcastle Investment Corp.

announced today that it will release its second quarter financial results for the period ended June 30, 2012 on Thursday, August 9, 2012 at approximately 6:00 A.M. Eastern Time. In addition, management will host a conference call on Thursday, August 9, 2012 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Newcastle's website, www.newcastleinv.com.