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Apollo Commercial Real Estate Finance, Inc. Announces 2010 Dividend Income Tax Treatment

January 28, 2011

NEW YORK, NY--(Marketwire - January 28, 2011) - Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE: ARI) announced today the estimated Federal income tax treatment of the Company's 2010 distributions on its common stock (CUSIP # 03762U105). The Federal income tax classification of 2010 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:

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