Dynex Capital, Inc. (NYSE: DX) announced today that Byron L. Boston, President and Chief Investment Officer, is scheduled to present at the 24th Annual ROTH Conference at the Ritz-Carlton Laguna Niguel in Dana Point, California on Monday, March 12, 2012 at 3:30 p.m. local time. A live audio webcast of the Company’s presentation, along with presentation materials, will be accessible online at www.dynexcapital.com through a link provided on the “Investor Relations” page under “IR Highlights.” The presentation and related materials will be archived on the Company’s website for 90 days.

Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated by the Company from 1992 to 1998. 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.