Apollo Residential Mortgage, Inc. Announces the Appointment of Teresa Covello to Chief Financial Officer

Apollo Residential Mortgage, Inc. Announces the Appointment of Teresa Covello 
to Chief Financial Officer 
NEW YORK, NY -- (Marketwired) -- 12/12/13 --  Apollo Residential
Mortgage, Inc. (the "Company") (NYSE: AMTG) today announced the Board
of Directors appointed Teresa Covello to the positions of Chief
Financial Officer, Secretary and Treasurer of the Company effective
January 1, 2014. Ms. Covello will assume these titles from Stuart
Rothstein, who will step down from these positions effective January
1, 2014 and will retain his role as a member of the investment
committee of ARM Manager, LLC (the "Manager"), the external manager
of the Company. Ms. Covello currently serves as the Controller of the
Manager, a position she has held since she joined Apollo Global
Management, LLC (together with its subsidiaries, "Apollo"), the
indirect parent of the Manager, in 2012.  
"Stuart has provided invaluable leadership and guidance to AMTG since
the Company went public in 2011, while at the same time serving in
several different roles at Apollo," said Michael Commaroto, Chief
Executive Officer and President of the Company. "When we hired Teresa
in 2012 as Controller, our plan was to transition her, under Stuart's
guidance, into the Chief Financial Officer position so Stuart could
focus on his other responsibilities within Apollo, including Chief
Executive Officer of Apollo Commercial Real Estate Finance, Inc. and
Chief Operating Officer of the global real estate platform. Teresa
has been instrumental in building out AMTG's finance and accounting
operations and we are confident her leadership will benefit the
Company and our shareholders as we continue to grow our business." 
Ms. Covello has significant experience in the residential mortgage
real estate investment trust ("REIT") industry. From 2003 through
2011, Ms. Covello was the Senior Vice President, Chief Accounting
Officer and Treasurer of MFA Financial, Inc., a residential mortgage
REIT she joined in 2001. Prior to MFA Financial, Ms. Covello was a
financial consultant, concentrating in investment banking within the
financial services sector and from 1990 through 2000, she held
progressive positions with JSB Financial, Inc. Ms. Covello began her
career in public accounting with KPMG Peat Marwick (prede
cessor to
KPMG LLP). She is a Certified Public Accountant licensed in New York
State and holds a Bachelor of Science degree in Public Accounting
from Hofstra University.  
About Apollo Residential Mortgage, Inc.
 Apollo Residential Mortgage,
Inc. is a real estate investment trust that invests in and manages
residential mortgage-backed securities and other residential mortgage
assets throughout the United States. The Company is externally
managed and advised by ARM Manager, LLC, a Delaware limited liability
company and an indirect subsidiary of Apollo Global Management, LLC
(NYSE: APO), a leading global alternative investment manager with
approximately $113 billion of assets under management at September
30, 2013. 
Additional information can be found on the Company's website at
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;
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.  
Hilary Ginsberg
Investor Relations 
(212) 822-0767 
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