ANTHRACITE MORTGAGE CAPITAL, INC.
ARTICLES OF AMENDMENT AND RESTATEMENT
Anthracite Mortgage Capital, Inc., a Maryland corporation (the "Corporation"), hereby certifies as follows:
FIRST: The Corporation desires to amend and restate its Charter as currently in effect.
SECOND: The amendments to and the restatement of the Charter of the Corporation set forth herein shall
become effective on the date and at the time that these Articles of Amendment and Restatement are filed with,
and approved and accepted for record by, the Maryland State Department of Assessments and Taxation in
accordance with the Maryland General Corporation Law.
THIRD: The following are all of the provisions of the Charter of the Corporation currently in effect and as
The name of the corporation (the "Corporation") is:
Anthracite Capital, Inc.
The purpose for which the Corporation is formed is to engage in any lawful act or activity including, without
limitation or obligation, engaging in business as a real estate investment trust ("REIT") under Sections 856 through
860 of the Internal Revenue Code of 1986, as amended, or any successor statute (the "Code") for which
corporations may be organized under the general laws of the State of Maryland as now or hereafter in force.
PRINCIPAL OFFICE IN STATE AND RESIDENT AGENT
The address of the principal office of the Corporation in the State of Maryland is c/o The Prentice-Hall
Corporation System Maryland, 11 East Chase Street, Baltimore, Maryland 21202. The name and address of the
resident agent of the Corporation in the State of Maryland is The Prentice-Hall Corporation System Maryland,
11 East Chase Street, Baltimore, Maryland 21202. The resident agent is a Maryland corporation.
PROVISIONS FOR DEFINING, LIMITING
AND REGULATING CERTAIN POWERS OF THE
CORPORATION AND OF THE STOCKHOLDERS AND DIRECTORS
Section 4.1 Number of Directors.
4.1.1 Number of Directors. The busin