Apollo Commercial Real Estate Finance, Inc. Announces New Record Date for First Quarter Common Share Dividend

Apollo Commercial Real Estate Finance, Inc. Announces New Record Date for First 
Quarter Common Share Dividend 
NEW YORK, NY -- (Marketwire) -- 03/01/13 --  Apollo Commercial Real
Estate Finance, Inc. (the "Company" or "ARI") (NYSE: ARI) today
announced the record date for the first quarter common share dividend
will be March 28, 2013. The Company had previously announced the
record date would be March 29, 2013.  
On February 28, 2013, the Company announced that ARI's Board of
Directors declared a dividend of $0.40 per share of common stock,
which is payable on April 12, 2013. 
About Apollo Commercial Real Estate Finance, Inc. 
 Apollo Commercial
Real Estate Finance, Inc. (NYSE: ARI) is a commercial mortgage real
estate investment trust that primarily originates, invests in,
acquires and manages senior performing commercial real estate
mortgage loans, commercial mortgage-backed securities and other
commercial real estate-related debt investments throughout the U.S.
The Company is externally managed and advised by ACREFI Management,
LLC, a Delaware limited liability company and an indirect subsidiary
of Apollo Global Management, LLC, a leading global alternative
investment manager with approximately $113 billion of assets under
management at December 31, 2012.  
Additional information can be found on the Company's website at
www.apolloreit.com. 
Forward-Looking Statements
 Certain statements contained in this
press release constitute forward-looking statements as such term is
defined in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and
such statements are intended to be covered by the safe harbor
provided by the same. Forward-looking statements are subject to
substantial risks and uncertainties, many of which are difficult to
predict and are generally beyond the Company's control. These
forward-looking statements include information about possible or
assumed future results of the Company's business, financial
condition, liquidity, results of operations, plans and objectives.
When used in this release, the words "believe," "expect,"
"anticipate," "estimate," "plan," "continue," "intend," "should,"
"may" or similar expressions, are intended to identify
forward-looking statements. 
Statements regarding the following
subjects, among others, may be forward-looking: the return on equity;
the yield on investments; the ability to borrow to finance assets;
the Company's ability to deploy the proceeds of it's capital raises
or acquire its target assets; and risks associated with investing in
real estate assets, including changes in business conditions and the
general economy. For a further list and description of such risks and
uncertainties, see the reports filed by the Company with the
Securities and Exchange Commission. The forward-looking statements,
and other risks, uncertainties and factors are based on the Company's
beliefs, assumptions and expectations of its future performance,
taking into account all information currently available to the
Company. Forward-looking statements are not predictions of future
events. The Company disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.  
CONTACT: 
Hilary Ginsberg
Investor Relations 
(212) 822-0767