Exhibit 99.1

Chimera Investment Corporation Announces September 30, 2013 Estimated Book Value and Declares Dividends

• September 30, 2013 Estimated GAAP Book Value of $3.47 per common share
• 4th Quarter 2013 Dividend of $0.09 per common share
• Continued dividend program of $0.09 per share for the first and second quarter of 2014

NEW YORK--(BUSINESS WIRE)--December 12, 2013--The Board of Directors of Chimera Investment Corporation (NYSE: CIM) today announced its September 30, 2013 estimated book value, the declaration of its fourth quarter 2013 dividend, and the continuation of its dividend program for the first and second quarter of 2014.

September 30, 2013 Estimated Book Value

The Company announced today that it has estimated that as of September 30, 2013, its GAAP book value was $3.47 per share and its economic book value was $2.98 per share, compared to its estimated June 30, 2013 GAAP book value of $3.52 per share and economic book value of $3.01 per share.

Estimated economic book value considers the fair values of only the assets the Company owns or is able to dispose, pledge, or otherwise monetize, and specifically excludes assets consolidated for GAAP but which the Company cannot dispose, pledge or otherwise monetize. The Company's estimate of economic book value has important limitations. Should the Company sell assets in its portfolio, it may realize materially different proceeds from the sale than estimated as of the reporting date.

Fourth Quarter 2013 Dividend

The Company declared the fourth quarter 2013 common stock cash dividend of $0.09 per common share. This dividend is payable January 24, 2014 to common shareholders of record on December 31, 2013. The ex-dividend date is December 27, 2013.

For the nine months of 2013, the Company paid cash dividends totaling $0.27 per common share, of which the Company estimates $0.22 per share is taxable income for federal tax purposes. Taxable income and the ultimate composition of the dividend between income and return of capital are calculated on a cumulative basis and will change over the course of the year. The character and composition of the dividend will not be finalized until the Company files its 2013 tax return in 2014.

Continuation of Dividend Program

As previously announced, the Company initiated a regular quarterly dividend of $0.09 per common share for each of the quarters in 2013. The Board of Directors has reviewed the dividend program and will continue to pay a dividend of $0.09 per share for the first and second quarter of 2014. Portions of these dividends and those paid in 2013 may be ordinary income, capital gains or a return of capital.

Other Information

The Company continues to work diligently to complete the ongoing work towards becoming current on all of its filings required under applicable securities laws. The Company will file its Annual Report on Form 10-K for the year ended December 31, 2012, and all other required filings as soon as practicable.

Chimera Investment Corporation invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes. The Company’s principal business objective is to generate income from the spread between yields on its investments and its cost of borrowing and hedging activities. The Company is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”).

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks, uncertainties and other factors, including the impact of the transition to a new independent registered public accounting firm and the Company’s ability to timely complete the process necessary to file its quarterly and annual reports for the quarters and year subsequent to September 30, 2012. The Company does not undertake, and specifically disclaims all obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, see “Item 1A — Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2011 and subsequent quarterly reports on Form 10-Q.

CONTACT:
Chimera Investment Corporation
Investor Relations, 646-454-3759
www.chimerareit.com

Exhibit 99.2

WWW.CHIMERAREIT.COM Financial Update December 2013

Disclaimer This material is not intended to be exhaustive, is preliminary in nature and may be subject to change. In addition, much of the information contained herein is based on various assumptions (some of which are beyond the control of Chimera Investment Corporation, the “Company”) and may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “should,” “may,” “would,” “projected,” “will” or similar expressions, or variations on those terms or the negative of those terms. The Company’s forward-looking statements are subject to numerous risks, uncertainties and other factors, including the impact of the transition to a new independent registered public accounting firm and the Company’s ability to timely complete the process necessary to file its quarterly and annual reports for the quarters and year subsequent to September 30, 2012. Furthermore, none of the financial information contained in this material has been audited or approved by the Company’s independent registered public accounting firm.

3 Information is unaudited, estimated and subject to change. 56% 29% 6% 4% 4% Consolidated RMBS & Loans Agency RMBS Non-Agency Subordinate Non-Agency Senior IO Cash and Cash Equivalent 58% 29% 7% 4% 2% Consolidated RMBS & Loans Agency RMBS  Non-Agency Subordinate  Non-Agency Senior IO  Cash and Cash Equivalents Chimera GAAP Asset Allocation: Quarter Over Quarter Comparison (1) Consists of RMBS and loans transferred to variable interest entities which are consolidated under GAAP. The cash balance for September 30, 2013 includes net trade date receivables. September 30, 2013 June 30, 2013 Total Portfolio: $7.0 Billion (1) Total Portfolio: $7.1 Billion (1)

4 4 Information is unaudited, estimated and subject to change. 48% 52% Repurchase Agreements, Agency RMBS 42% 58% Repurchase Agreements, Agency RMBS GAAP Financing Sources: Quarter Over Quarter Comparison (1) Consists of tranches of RMBS and loan securitizations sold to third parties. September 30, 2013 June 30, 2013 Total Financing: $3.3 Billion Total Financing: $3.5 Billion (1) (1)

5 5 Information is unaudited, estimated and subject to change. Maturity Principal Balance Weighted Average Rate Weighted Average Days 2 to 30 days $753,743 0.42% 31 to 59 days 332,985 0.41% 60 to 89 days 205,962 0.40% 120 to 360 days 185,451 0.58% Total $1,478,141 0.43% 71 Coupon  Current Face  Weighted Average Price  Weighted Average CPR 3.50%  $292,038  106.42  3.6 4.00%  604,552  107.83  14.5 4.50%  565,124  102.52  26.1 5.00%  329,195  103.68  22.9 5.50%  99,695  103.14  40.6 6.00%  26,227  104.54  38.2 7.00%  14,652 103.26 46.1 Totals  $1,931,482 Agency & Repo Summary Agency Pass-Throughs – As of September 30, 2013 Repo Days to Maturity - As of September 30, 2013 Agency Pass-Throughs – As of June 30, 2013 Repo Days to Maturity - As of June 30, 2013 Maturity  Principal Balance  Weighted Average Rate  Weighted Average Days 2 to 30 days  $725,407  0.39% 31 to 59 days  654,992  0.40% 90 to 119 days  23,475  0.43% 120 to 360 days  185,451  0.58% Total  $1,589,325  0.42%  58 ($ in thousands) Coupon  Current Face  Weighted Average Price Weighted Average CPR 3.00% $99,705 96.46 1.0 3.50% 285,021106.42 7.5 4.00%  821,551  106.16  9.0 4.50%  614,367  102.93  14.0 5.50%  86,998  103.13  31.0 7.00%  12,378  103.26  51.9 Totals  $1,920,020

6 6 Information is unaudited, estimated and subject to change.Interest Rate Sensitivity Agency Pass-Through Portfolio and Swap Book Note: As of September 30, 2013. ($ in thousands)

7 7 Information is unaudited, estimated and subject to change. Consolidated Seuritizations ($ in thousands) At Origination  As of September 30, 2013 Vintage  Deal  Type  Total Original Face  Total of Tranches Sold  Total of Tranches Retained  Total Remaining Face  Remaining Face of Tranches Sold  Remaining Face of Tranches Retained 2012  Whole Loan Securitization  CSMC - 2012-CIM1  $741,939  $707,810  $34,129  $258,091  224,814  33,277 2012  Whole Loan Securitization  CSMC - 2012-CIM2  425,091  404,261  20,830  173,046  152,648  20,398 2012  Whole Loan Securitization  CSMC - 2012-CIM3  329,886  305,804  24,082  256,781  234,097  22,683 2010  RMBS Securitization  CSMC - 2010-1R  1,730,581  691,630  1,038,951  973,870  138,827  835,043 2010  RMBS Securitization  CSMC - 2010-12R  1,239,176  435,177  803,999  764,420  68,972  695,448 2010  RMBS Securitization  CSMC - 2010-11R  566,571  193,490  373,081  385,507  160,467  225,041 2009  RMBS Securitization  CSMC - 2009-12R  1,730,698  915,566  815,132  885,349  262,003  623,346 2009  RMBS Securitization  JPMRR - 2009-7  1,522,474  856,935  665,539  805,419  338,110  467,309 2009  RMBS Securitization  JMAC - 2009-R2  281,863  192,500  89,363  143,135  73,622  69,513 2008  Whole Loan Securitization  PHH - 2008-CIM1  619,710  549,142  70,568  133,246  102,154  31,091 $9,187,991  $5,252,316  $3,935,676  $4,778,864  $1,755,714  $3,023,149 % of origination  52%  33%  77%

8 8 Information is unaudited, estimated and subject to change. Consolidated RMBS – Retained Tranche Performance Weighted Average Loan To Value % Weighted Average FICO Score Weighted Average Loan Size Weighted Average Owner Occupied % ($ in thousands) 68.0% 69.0% 70.0% 71.0% 72.0% 73.0% 74.0% 75.0% Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 708 709 710 711 712 713 714 715 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 81.0% 81.5% 82.0% 82.5% 83.0% 83.5% 84.0% 84.5% 85.0% Jun-10 Sep-10 Dec-10 Mar-11 Jun-11Sep-11Dec-11Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 $360 $370 $380 $390 $400 $410 $420 $430 $440 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13

9 9 Information is unaudited, estimated and subject to change. Consolidated RMBS – Retained Tranches Performance Weighted Average Delinquency Pipeline Weighted Average 12 month Severity vs. Severity at Purchase Weighted Average Voluntary Prepayment Rate (VPR) vs. VPR at Purchase 0% 5% 10% 15% 20% 25% 30% 35% 40% Jun-10 Sep-10Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 WA 60+ Day Delinq WA 90+ Day Delinq 0% 10% 20% 30% 40% 50% 60% 70% 80% Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 WA 12M Sev Purchase Sev 0% 5% 10% 15% 20% Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 WA 3M CPR WA 3M VPR Purchase VPR

10 10 Information is unaudited, estimated and subject to change. Cumulative Dividend History Dividends Per Quarter $1 $11 $17 $23 $30 $40 $78 $158 $272 $386 $516 $675 $850 $993 $1,127 $1,260 $1,373 $1,486 $1,579 $1,671 $1,763 $1,856 $1,948 $2,041 $2,133 -$300 $200 $700 $1,200 $1,700 $2,200 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 $ in Millions Cumulative Dividends Dividends Per Quarter