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BRIEF-Annaly Capital Management announces conversion rate adjustment for senior notes

Oct 2 (Reuters) - Annaly Capital Management Inc :

* Announces conversion rate adjustment for 4.00% convertible senior notes due

2015

* Says the new conversion price for the notes is $14.5963 per common share,

effective September 27, 2012

* Says the conversion price for the notes was previously $15.0257 per common

share

* New conversion rate for each $1,000 principal amount of notes is 68.5105 of

co's common shares

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