Dynex Capital, Inc. Announces Schedule for Fourth Quarter 2011 Results

Dynex Capital, Inc. (NYSE: DX) announced today that it will release its fourth quarter 2011 results after the market closes on Tuesday, February 21, 2012 and will hold a conference call on Wednesday, February 22, 2012 at 11:00 A.M. ET to discuss the results. The press release will be available online at www.dynexcapital.com under “Investor Relations/Highlights.” The conference call may be accessed by dialing 1-877-317-6789 and will also be webcast online at www.dynexcapital.com through a link provided under “Investor Relations/Highlights.” A slide presentation will accompany the webcast and will also be available one hour prior to the call at www.dynexcapital.com under “Investor Relations/Highlights.”

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, or mortgage REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency MBS, non-Agency MBS, and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated or purchased by the Company during the 1990s. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

Contacts:

Dynex Capital, Inc.
Alison Griffin, 804-217-5897
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