Market Overview

Newcastle Reschedules Time of First Quarter 2015 Earnings Conference Call to 9:00 A.M. Eastern Time on May 8, 2015

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NEW YORK--(BUSINESS WIRE)--

Newcastle Investment Corp. (NYSE: NCT) ("Newcastle" or the "Company") announced today that its previously announced conference call has been rescheduled to 9:00 A.M. Eastern Time on Friday, May 8, 2015.

The Company will release its first quarter financial results as originally scheduled, on Friday, May 8, 2015, prior to the opening of the New York Stock Exchange.

The live 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 First Quarter 2015 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 website and download any necessary software required to listen to the internet broadcast.

A telephonic replay of the conference call will also be available two hours following the call's completion through 11:59 P.M. Eastern Time on Friday, May 22, 2015 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "41078508."

ABOUT NEWCASTLE

Newcastle focuses on investing in, and actively managing, real estate related assets. Newcastle conducts its operations to qualify as a REIT for federal income tax purposes. Newcastle is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm.

Newcastle Investment Corp.
Investor Relations, 212-479-3195

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