X0202 4 2008-03-14 0 0001050112 ANTHRACITE CAPITAL INC AHR 0001311366 LILLIS JAMES C/O BLACKROCK FINANCIAL MANAGEMENT, INC. 40 EAST 52ND STREET NEW YORK NY 10022 0 1 0 0 CFO and Treasurer Common Stock 2008-03-14 4 C 0 340 A 6140 D Common Stock 2008-03-14 4 J 0 115 D 6025 D Restricted Stock Unit 2008-03-14 4 C 0 340 0.00 D 2007-06-30 2009-06-30 Common Stock 340 680 I By BLK BlackRock Financial Management, Inc. (the "Manager"), the manager of Anthracite Capital, Inc. (the "Company"), previously granted Restricted Stock Units in respect of shares of the Company's common stock to the reporting person under the BlackRock Inc. Involuntary Deferred Compensation Plan. Each Restricted Stock Unit is payable by delivery of a share of Company common stock or the cash value thereof and vests one-third on each of the first, second and third anniversaries of June 30, 2006. Shares of Company common stock withheld by the Manager to satisfy the reporting person's tax withholding obligations, calculated based on the closing price of the Company's common stock on March 13, 2008 ($6.29). 1-for-1 Held in trust by BlackRock, Inc. /s/ Richard M. Shea, as Attorney-in-Fact 2008-03-18