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PR Newswire
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Newcastle to Announce Fourth Quarter and 2005 Earnings on February 15, 2006


NEW YORK, Feb. 8 /PRNewswire-FirstCall/ -- Newcastle Investment Corp. today announced that it will release its fourth quarter and full year financial results for the period ended December 31, 2005 on February 15, 2006 during market hours.

In addition, management will host an earnings conference call on Wednesday, February 15, 2006 at 4:30 P.M. eastern time. A copy of the earnings release will be posted to the Investor Relations section of Newcastle's website provided below. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing (866) 323-3742 (from within the U.S.) or (706) 643-0550 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "Newcastle Fourth Quarter Earnings Call."

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at http://www.newcastleinv.com/. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast. An online replay of the webcast will be available until March 31, 2006.

A telephonic replay of the conference call will also be available until 11:59 P.M. eastern time on Wednesday, March 1, 2006 by dialing (800) 642-1687 (from within the U.S.) or (706) 645-9291 (from outside of the U.S.); please reference access code "5088826".

Newcastle Investment Corp. invests in real estate securities and other real estate related assets. Newcastle is organized and conducts its operations to qualify as a real estate investment trust (or REIT) for federal income tax purposes. Newcastle is managed by Fortress Investment Group LLC. For more information regarding Newcastle and to be added to our e-mail distribution list, please visit http://www.newcastleinv.com/.

First Call Analyst:
FCMN Contact: nfinke@fortressinv.com
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© 2006 PR Newswire
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