Apollo Commercial Real Estate Finance, Inc. Announces Quarterly Preferred Dividend of $0.5391 per Share

Apollo Commercial Real Estate Finance, Inc. Announces Quarterly Preferred 
Dividend of $0.5391 per Share 
NEW YORK, NY -- (Marketwire) -- 03/15/13 --  Apollo Commercial Real
Estate Finance, Inc. (the "Company" or "ARI") (NYSE: ARI) today
announced the Board of Directors has declared a cash dividend on the
Company's 8.625% Series A Cumulative Redeemable Perpetual Preferred
Stock of $0.5391 per share for the quarterly period ending on April
15, 2013. The preferred dividend is payable on April 15, 2013 to
preferred stockholders of record as of March 28, 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 regar
ding the following
subjects, among others, may be forward-looking: the return on equity;
the yield on investments; the ability to borrow to finance 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 
 
 
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