RESI Kelly Strategic ETF Trust Residential & Apt Real Estate ETF

Altisource Residential Corporation ("Residential") (NYSE:RESI) announced today the pricing of an underwritten public offering of 15,000,000 shares of its common stock at $18.75 per share. Residential intends to use the net proceeds from the offering to purchase non-performing and sub-performing residential mortgage loans and for general corporate purposes. Residential has granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock in connection with the offering. The offering is expected to close on May 1, 2013, subject to customary closing conditions.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. RBC Capital Markets, LLC, JMP Securities LLC and Piper Jaffray & Co. are acting as co-managers.

The offering is being made only by means of prospectus. A copy of the prospectus for the offering may be obtained, when available, from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-800-831-9146; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at 1-800-221-1037 or by email at newyork.prospectus@credit-suisse.com; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone at 1-800-503-4611 or by email at prospectus.cpdg@db.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-866-803-9204.

The registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Altisource Residential Corporation

Residential is focused on acquiring, owning and managing single-family rental properties throughout the United States. It currently intends to acquire these properties primarily through the acquisition of sub-performing and non-performing loan portfolios.

Forward-Looking Statements

This press release contains forward-looking statements that involve a number of risks and uncertainties. Those forward-looking statements include all statements that are not historical fact, including statements about management's beliefs and expectations. Forward-looking statements are based on management's beliefs as well as assumptions made by and information currently available to management. Actual results may differ materially depending upon a variety of factors, including customary closing conditions and such other factors as are discussed in the prospectus relating to the offering. Residential undertakes no obligation to update any information contained in this press release.

CONTACT: FOR FURTHER INFORMATION CONTACT:
         Kenneth D. Najour
         Chief Financial Officer
         T: 561-682-8947
         E: Kenneth.Najour@AltisourceAMC.com