Hatteras Financial Corp. Announces Pricing of Common Stock Offering

Hatteras Financial Corp. HTS today announced that it priced a public offering of 14,500,000 shares of its common stock at a price to the public of $28.50 per share for expected gross proceeds of $413,250,000 before underwriting discounts and expenses.

The Company granted the underwriters of the offering a 30-day option to purchase up to an additional 2,175,000 shares of common stock to cover overallotments, if any. The offering is expected to close on March 23, 2011