D/R & Stock Purchase Plan

Dividend Reinvestment and Stock Purchase Plan

DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN FEATURES

Minimum purchase for initial enrollment: $1,000.00
Minimum monthly purchase for enrolled participants: $50.00
Maximum monthly purchase for enrolled participants: $10,000.00
Discount offered on optional Small Cash Purchases: From 0 to 5%
Currently at 0%
Discount offered on dividend reinvestment: From 0 to 5%
Currently at 0%
When are optional Small Cash Purchase investments made? 26th of each month1
When must my funds be received to be invested that month? Two business days before the investment date2
Monthly direct debit for additional purchases of stock: Yes
Dividend Reinvestment (DRIP): Yes (full or partial shares)
TRANSACTION AND TRADING FEES
DRIP account administration/maintenance fee: No charge
Trading fees for purchases: No charge
Share sale fee: $15.00 + $0.10 per share broker commission
Safekeeping: No charge
Sale of fractional shares: $15.00 + $0.10 per share
Plan termination fee (request stock certificate): No charge
Plan termination fee (sell shares): $15.00 + $0.10 per share

1Or the following business day if the 26th of the current month falls on a weekend or holiday.
2The Plan Administrator must receive your Plan enrollment and investment funds at least two (2) business days before the date such funds are to be invested for a particular month. If your Plan enrollment and investment funds are received after that date, they will be held in your Plan Account, without earning interest, until the next applicable optional Small Cash Purchase Investment Date.


Our 2012 Dividend Reinvestment and Stock Purchase Plan (the "Plan") provides prospective investors and existing holders of our common stock with a convenient and economical method to purchase shares of our common stock. By participating in the Plan, you may purchase additional shares of our common stock by reinvesting some or all of the cash dividends that you receive on your shares of our common stock. If you elect to participate in the Plan, you may also make optional cash purchases of shares of our common stock of between $50 and $10,000 per month and, with our prior approval, in excess of $10,000 per month. Shares of our common stock purchased under the Plan may be acquired at discounts of up to 5% from the then-applicable three-day average of the volume weighted average price of our common stock for newly-issued shares, or up to 5% from the prevailing market price for shares acquired in the open market. In no event, however, will the purchase price of newly-issued shares of our common stock be less than 95% of the average of the daily volume weighted average price of our common stock, as reported on the New York Stock Exchange on the purchase date. Additionally, in no event will the discount paid by us for shares acquired by the plan administrator in the open market, if any, plus any trading fees, commissions or service charges we may pay in connection with such open market purchases, exceed 5% of the purchase price for such shares.

Plan highlights include:

  • Any registered stockholder may elect to participate in the Plan.
  • Interested prospective investors who are not currently holders of our common stock may make their initial purchase through the Plan.
  • Up to a 5% discount on shares of our common stock purchased under the Plan.
  • Full or partial dividend reinvestment options.
  • Optional cash purchases of between $50 and $10,000 per month and, with our prior approval, optional cash purchases in excess of $10,000 per month.
  • Available certificate safekeeping in book-entry form at no charge to you.
  • Detailed record keeping and reporting will be provided at no charge to you.
  • Optional automatic investment withdrawals from your bank account.

The Plan prospectus and Authorization Form may be downloaded by clicking on the corresponding links below. Applicants are advised to read the Plan Prospectus before enrolling in the Plan. Investing in our securities involves a high degree of risk. You should carefully consider the information under the heading "Risk Factors" beginning on page 3 of the Plan Prospectus before buying shares of our common stock. Our common stock is listed on the New York Stock Exchange under the symbol "ANH."

For further information:

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