Drive Shack 8.05% Cumulative, Redeemable Preferred Stock

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S&P Rating   NR    Moodys Rating   NR

Security Ticker Symbol   DS-C


Market Traded ON   NYSE

Dividend Payment Paid on the last day of January, April, July and October beginning on 01/31/2006

Quarterly Dividend   .503   Annual Dividend   2.013

Securities may be redeemed, at the issuers option, as early as 10/25/2010  the call price is $25 plus accrued dividends

Dividend Payment  will be Qualified Distributions


Maturity Date   None


Company Investor Relations Page for Newcastle Investment

Below you can find the offering Prospectus and/or Final Pricing Document

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