New Residential Investment Corp. (NYSE:NRZ “New Residential”) today announced the tax treatment of its 2014 common stock dividend payments.

Common Stock Dividends

During 2014, New Residential’s common stock was listed under two CUSIPs: CUSIP #64828T102 through the effective date on October 17, 2014 of New Residential’s 1-for-2 reverse stock split (the “Reverse Split”) of its common stock, and CUSIP #64828T201 as of October 20, 2014.

The following tables summarize the tax treatment for the 2014 common stock dividend payments.

2014 Actual Common Stock Dividend Distributions

The information provided below for the dividends paid on the common stock for the first quarter 2014 to third quarter 2014 has not been adjusted for the Reverse Split.

  Record   Pay       Ordinary   Qualified   Long-Term   Return of
CUSIP Date Date Distribution Form Dividend Dividend(1) Capital Gain Capital

#64828T102

1Q14 03/31/14 04/30/14 0.175000 Cash 0.078236 0.003169 0.096764 0.000000

   2Q14(2)

 06/27/14 07/31/14 0.250000 Cash 0.240464 0.010306 0.009536 0.000000
3Q14 09/29/14 10/31/14 0.175000 Cash 0.168325 0.007214 0.006675 0.000000

#64828T201

   4Q14(3)

 12/30/14 01/30/15 0.380000 Cash 0.365506 0.015665 0.014494 0.000000

(1) Qualified Dividend is a subset of, and included in, the Ordinary Dividend amount.

(2) 2Q14 dividends include a special cash dividend of $0.075000 per share.

(3) The entire 4Q14 common stock dividend is being treated as received by stockholders and taxable in 2014.

2014 Split-Adjusted Common Stock Dividend Distributions

The information provided below for the dividends paid on the common stock for the first quarter 2014 to third quarter 2014 has been adjusted for the Reverse Split.

  Record   Pay       Ordinary   Qualified   Long-Term   Return of
Date Date Distribution Form Dividend Dividend(1) Capital Gain Capital
1Q14 03/31/14 04/30/14 0.350000 Cash 0.156472 0.006338 0.193528 0.000000
2Q14(2) 06/27/14 07/31/14 0.500000 Cash 0.480928 0.020612 0.019072 0.000000
3Q14 09/29/14 10/31/14 0.350000 Cash 0.336650 0.014428 0.013350 0.000000
4Q14(3) 12/30/14 01/30/15 0.380000 Cash 0.365506 0.015665 0.014494 0.000000
Total 1.580000 Cash 1.339556 0.057043 0.240444 0.000000

(1) Qualified Dividend is a subset of, and included in, the Ordinary Dividend amount.

(2) 2Q14 dividends include a special cash dividend of $0.150000 per share.

(3) The entire 4Q14 common stock dividend is being treated as received by stockholders and taxable in 2014.

The data provided in this press release is provided for informational purposes only and does not constitute tax advice. Stockholders are urged to consult their own tax advisors regarding any issues or decisions regarding the proper tax treatment of their shares of New Residential.

ABOUT NEW RESIDENTIAL

New Residential focuses on opportunistically investing in, and actively managing, investments related to residential real estate. The Company primarily targets investments in: (1) excess mortgage servicing rights (“MSRs”), (2) residential mortgage backed securities (“RMBS”) and non-Agency RMBS call rights, as well as (3) other related opportunistic investments. New Residential is organized and conducts its operations to qualify as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm.