Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, NYSE:ECCA, NYSE:ECCZ) today is pleased to announce the declaration of distributions on shares of the Company’s 7.75% Series A Term Preferred Stock due 2022 (the “Series A Preferred Stock”).

The Company has declared a distribution of $0.161459 per share on its Series A Preferred Stock, payable on each of January 29, 2016, February 29, 2016 and March 31, 2016. The following schedule applies to the distributions:

                    Ex-Dividend Date     Record Date     Payable Date    

Amount per share ofSeries A Preferred Stock

January 13, 2016     January 15, 2016     January 29, 2016     $0.161459 February 11, 2016     February 16, 2016     February 29, 2016     $0.161459 March 11, 2016     March 15, 2016     March 31, 2016     $0.161459            

The distributions on the Series A Preferred Stock reflects an annual distribution rate of 7.75% of the $25 liquidation preference per share of the Series A Preferred Stock for each of January, February and March.

Distributions are generally expected to be paid from net investment income (regular interest and dividends) but may also include capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Company’s preferred stockholders on Form 1099 after the end of the 2016 calendar year.

ABOUT EAGLE POINT CREDIT COMPANY

The Company is a non-diversified, closed-end management investment company. The Company’s investment objectives are to generate high current income and capital appreciation primarily through investment in equity and junior debt tranches of collateralized loan obligations. The Company is externally managed and advised by Eagle Point Credit Management LLC. The principals of Eagle Point Credit Management LLC are Thomas P. Majewski, Daniel W. Ko and Daniel M. Spinner. The Company makes certain unaudited portfolio information available each month on its website in addition to making certain other unaudited financial information available on its website (www.eaglepointcreditcompany.com).

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Source: Eagle Point Credit Company Inc.

Investor Relations:Eagle Point Credit Company Inc.Kenneth P. Onorio, 203-340-8500Chief Financial OfficerIR@EaglePointCredit.comwww.eaglepointcreditcompany.com

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