Anthracite Capital, Inc.
40 East 52nd Street
New York, NY 10022




April 25, 2008


BY EDGAR
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549




Re:
Anthracite Capital, Inc.
Request for Withdrawal of Amendment No. 1 to the Registration 
Statement on Form S-3  (File No. 333-149915)                               


Dear Ladies and Gentlemen:


Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended, Anthracite Capital, Inc., a Maryland corporation (the “Company”), hereby requests withdrawal of Amendment No. 1 (the “Amendment”) to its Registration Statement on Form S-3 (File No. 333-149915) (the “Registration Statement”) filed with the Securities and Exchange Commission on April 23, 2008.


The Company is requesting that the Amendment be withdrawn because the Registration Statement was declared effective on April 16, 2008.


No securities have been offered or sold under the Amendment.









Very truly yours,


Anthracite Capital, Inc.






By: /s/ Richard M. Shea        
      Name: Richard M. Shea
      Title: President and Chief Operating Officer