• GAAP EARNINGS OF $0.39 PER SHARE
• CORE EARNINGS⁽¹⁾ OF $0.51 PER SHARE, NET OF $0.07 PER SHARE SECURITIZATION DEAL EXPENSES
• GAAP BOOK VALUE OF $15.78 PER SHARE AND ECONOMIC BOOK VALUE⁽¹⁾ OF $14.65 PER SHARE
• SPONSORED THREE RESIDENTIAL MORTGAGE LOAN SECURITIZATIONS TOTALING $5 BILLION AND RETAINED $769 MILLION OF SUBORDINATE SECURITIES
• REDUCED $2.2 BILLION OF AGENCY MBS HOLDINGS
• BOARD DECLARES THIRD QUARTER 2016 DIVIDEND OF $0.48 PER SHARE; EXPECTS TO MAINTAIN A $0.48 DIVIDEND FOR THE FOURTH QUARTER OF 2016

NEW YORK--(BUSINESS WIRE)-- “We have significantly reduced the investment portfolio’s interest rate exposure by reducing Agency RMBS investments and related recourse repurchase borrowings and hedges. Chimera’s ability to analyze and securitize mortgage credit is a key differentiator for our Company and we have become a leader in the risk retention space” said Matthew Lambiase, Chimera’s CEO and President.

The Board of Directors of Chimera also announced the declaration of its third quarter cash dividend of $0.48 per common share. The dividend is payable October 27, 2016, to common stockholders of record on September 30, 2016. The ex-dividend date is September 28, 2016. The Board of Directors also announced that it expects to maintain a quarterly cash dividend of $0.48 per common share for the fourth quarter of 2016.

The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings will typically differ due to items such as differences in premium amortization, accretion of discounts, unrealized and realized gains and losses, and credit loss recognition. Portions of the dividend may be ordinary income, capital gains or a return of capital.

(1) Core earnings and economic book value are non-GAAP measures. See additional discussion on page 4.

Other Information

Chimera Investment Corporation is a publicly traded real estate investment trust, or REIT, that is primarily engaged in real estate finance. We were incorporated in Maryland on June 01, 2007 and commenced operations on November 21, 2007. We invest, either directly or indirectly through our subsidiaries, in RMBS, residential mortgage loans, Agency CMBS, commercial mortgage loans, real estate-related securities and various other asset classes. We have elected and believe that we are organized and have operated in a manner that enables us to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, or the Code.

Please visit www.chimerareit.com and click on Investor Relations for additional information about us.

CHIMERA INVESTMENT CORPORATION
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
(dollars in thousands, except share and per share data)
(Unaudited)
		June 30, 2016				December 31, 2015
Assets:
Cash and cash equivalents		$	67,421			$	114,062
Non-Agency RMBS, at fair value		3,491,480				3,675,841
Agency MBS, at fair value		4,481,503				6,514,824
Securitized loans held for investment, at fair value		9,212,204				4,768,416
Accrued interest receivable		109,644				66,247
Other assets		225,155				189,796
Derivatives, at fair value, net		2,832				15,460
Total assets (1)		$	17,590,239			$	15,344,646
Liabilities:
Repurchase agreements, MBS ($7.3 billion and $8.8 billion pledged as collateral, respectively)		$	5,856,263			$	7,439,339
Securitized debt, collateralized by Non-Agency RMBS ($2.0 billion and $2.1 billion pledged as collateral, respectively)		424,596				529,415
Securitized debt at fair value, collateralized by loans held for investment ($9.2 billion and $4.8 billion pledged as collateral, respectively)		7,534,277				3,720,496
Payable for investments purchased		642,169				560,641
Accrued interest payable		60,171				37,432
Dividends payable		90,504				90,097
Accounts payable and other liabilities		10,257				11,404
Derivatives, at fair value		8,922				9,634
Total liabilities (1)		14,627,159				12,398,458
Commitments and Contingencies
Stockholders' Equity:
Preferred Stock: par value $0.01 per share; 100,000,000 shares authorized, 0 shares issued and outstanding, respectively		$	—			$	—
Common stock: par value $0.01 per share; 300,000,000 shares authorized, 187,729,765 and 187,711,868 shares issued and outstanding, respectively		1,877				1,877
Additional paid-in-capital		3,367,322				3,366,568
Accumulated other comprehensive income		907,173				773,791
Accumulated deficit		(1,313,292		)		(1,196,048		)
Total stockholders' equity		$	2,963,080			$	2,946,188
Total liabilities and stockholders' equity		$	17,590,239			$	15,344,646

(1) The Company's consolidated statements of financial condition include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Chimera Investment Corporation). As of June 30, 2016 and December 31, 2015, total assets of consolidated VIEs were $11,401,484 and $7,031,278, respectively, and total liabilities of consolidated VIEs were $7,997,605 and $4,262,017, respectively.

CHIMERA INVESTMENT CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(dollars in thousands, except share and per share data)
(Unaudited)
		For the Quarter Ended								For the Six Months Ended
Net Interest Income:		June 30, 2016				June 30, 2015				June 30, 2016				June 30, 2015
Interest income (1)		$	221,096			$	215,804			$	422,293			$	458,949
Interest expense (2)		83,227				66,044				146,208				126,500
Net interest income		137,869				149,760				276,085				332,449
Other-than-temporary impairments:
Total other-than-temporary impairment losses		(3,139		)		(2,208		)		(7,562		)		(3,260		)
Portion of loss recognized in other comprehensive income		(17,816		)		(24,893		)		(24,071		)		(31,656		)
Net other-than-temporary credit impairment losses		(20,955		)		(27,101		)		(31,633		)		(34,916		)
Other investment gains (losses):
Net unrealized gains (losses) on derivatives		22,100				88,028				(79,010		)		92,083
Realized gains (losses) on terminations of interest rate swaps		(60,158		)		(31,124		)		(60,616		)		(99,703		)
Net realized gains (losses) on derivatives		(9,697		)		(16,777		)		(44,666		)		(58,863		)
Net gains (losses) on derivatives		(47,755		)		40,127				(184,292		)		(66,483		)
Net unrealized gains (losses) on financial instruments at fair value		30,347				(37,260		)		47,218				(47,685		)
Net realized gains (losses) on sales of investments		6,631				9,685				3,956				39,250
Gains (losses) on Extinguishment of Debt		—				5,079				(1,766		)		5,079
Total other gains (losses)		(10,777		)		17,631				(134,884		)		(69,839		)
Other income:
Other income		—				—				95,000				—
Total other income		—				—				95,000				—
Other expenses:
Management fees		—				10,196				—				20,522
Expense recoveries from Manager		—				(4,652		)		—				(5,765		)
Net management fees		—				5,544				—				14,757
Compensation and benefits		6,954				36				12,176				508
General and administrative expenses		4,238				9,224				8,741				13,513
Servicing Fees of consolidated VIEs		7,773				6,388				13,351				12,776
Deal Expenses		13,022				2,911				13,022				2,911
Total other expenses		31,987				24,103				47,290				44,465
Income (loss) before income taxes		74,150				116,187				157,278				183,229
Income taxes		23				—				52				1
Net income (loss)		$	74,127			$	116,187			$	157,226			$	183,228
Net income (loss) per share available to common shareholders:
Basic		$	0.39			$	0.57			$	0.84			$	0.89
Diluted		$	0.39			$	0.57			$	0.84			$	0.89
Weighted average number of common shares outstanding:
Basic		187,729,765				205,492,089				187,726,618				205,509,782
Diluted		187,925,046				205,579,639				187,882,614				205,573,297
Dividends declared per share of common stock		$	0.48			$	0.48			$	1.46			$	0.96
Comprehensive income (loss):
Net income (loss)		$	74,127			$	116,187			$	157,226			$	183,228
Other comprehensive income:
Unrealized gains (losses) on available-for-sale securities, net		53,015				(117,742		)		112,423				(137,654		)
Reclassification adjustment for net losses included in net income for other-than-temporary credit impairment losses		20,955				27,101				31,633				34,916
Reclassification adjustment for net realized losses (gains) included in net income		(9,062		)		(10,059		)		(10,674		)		(39,135		)
Other comprehensive income (loss)		64,908				(100,700		)		133,382				(141,873		)
Comprehensive income (loss)		$	139,035			$	15,487			$	290,608			$	41,355

(1) Includes interest income of consolidated VIEs of $160,885 and $146,900 for the quarters ended June 30, 2016 and 2015, respectively, and interest income of consolidated VIEs of $292,865 and $297,518 for the six months ended June 30, 2016 and 2015, respectively.

(2) Includes interest expense of consolidated VIEs of $58,772 and $50,426 for the quarters ended June 30, 2016 and 2015, respectively, and interest expense of consolidated VIEs of $98,022 and $97,179 for the six months ended June 30, 2016 and 2015, respectively.

Core earnings

Core earnings is a non-GAAP measure and is defined as GAAP net income excluding unrealized gains on the aggregate portfolio, impairment losses, realized gains on sales of investments, realized gains or losses on futures, realized gains or losses on swap terminations, gain on deconsolidation, extinguishment of debt and certain other non-recurring gains or losses. As defined, core earnings include interest income and expense as well as realized losses on interest rate swaps used to hedge interest rate risk. Management believes that the presentation of core earnings is useful to investors because it can provide a useful measure of comparability to our other REIT peers, but has important limitations. We believe core earnings as described above helps evaluate our financial performance without the impact of certain transactions but is of limited usefulness as an analytical tool. Therefore, core earnings should not be viewed in isolation and is not a substitute for net income or net income per basic share computed in accordance with GAAP.

The following table provides GAAP measures of net income and net income per basic share available to common stockholders for the periods presented and details with respect to reconciling the line items to core earnings and related per average basic common share amounts:

		For the Quarters Ended
		June 30, 2016				March 31, 2016				December 31, 2015				September 30, 2015				June 30, 2015
		(dollars in thousands, except per share data)
GAAP Net income		$	74,127			$	83,098			$	115,380			$	(48,259	)		$	116,187
Adjustments:
Net other-than-temporary credit impairment losses		20,955				10,678				14,696				17,832				27,101
Net unrealized (gains) losses on derivatives		(22,100		)		101,110				(46,842		)		71,540				(88,028		)
Net unrealized (gains) losses on financial instruments at fair value		(30,347		)		(16,871		)		69,793				40,955				37,260
Net realized (gains) losses on sales of investments		(6,631		)		2,674				(34,285		)		(3,539		)		(9,685		)
(Gains) losses on extinguishment of debt		—				1,766				(8,906		)		19,915				(5,079		)
Realized (gains) losses on terminations of interest rate swaps		60,158				458				(754		)		—				31,124
Net realized (gains) losses on Futures (1)		(635		)		21,609				(9,018		)		9,309				7,778
Total other (gains) losses		—				—				256				—				—
Other income		—				(95,000		)		—				—				—
Core Earnings		$	95,527			$	109,522			$	100,320			$	107,753			$	116,658
GAAP net income per basic common share		$	0.39			$	0.44			$	0.61			$	(0.24	)		$	0.57
Core earnings per basic common share		$	0.51			$	0.58			$	0.53			$	0.54			$	0.57
(1) Included in net realized gains (losses) on derivatives in the Consolidated Statement of Operations.

The following tables provide a summary of the Company’s RMBS portfolio at June 30, 2016 and December 31, 2015.

		June 30, 2016
		Principal or Notional Value at Period-End (dollars in thousands)				Weighted Average Amortized Cost Basis				Weighted Average Fair Value				Weighted Average Coupon		Weighted Average Yield at Period-End (1)
Non-Agency RMBS
Senior		$	3,398,933			$	55.76			$	77.11			4.0%		15.6%
Senior, interest-only		5,693,428				5.18				4.93				1.6%		13.3%
Subordinated		718,917				70.19				80.28				3.2%		10.2%
Subordinated, interest-only		274,357				5.30				4.58				1.1%		11.3%
Agency MBS
Residential pass-through		2,833,811				105.03				106.92				3.9%		2.6%
Commercial pass-through		1,226,725				102.57				106.76				3.5%		3.0%
Interest-only		3,077,732				4.81				4.61				0.9%		4.1%
		December 31, 2015
		Principal or Notional Value at Period-End (dollars in thousands)				Weighted Average Amortized Cost Basis				Weighted Average Fair Value				Weighted Average Coupon		Weighted Average Yield at Period-End (1)
Non-Agency RMBS
Senior		$	3,651,869			$	57.47			$	77.39			3.8%		13.7%
Senior, interest-only		5,426,029				4.95				4.32				1.7%		12.9%
Subordinated		762,466				69.25				79.26				3.2%		8.8%
Subordinated, interest-only		284,931				5.34				3.95				1.2%		10.9%
Agency MBS
Residential pass-through		5,045,418				105.07				104.41				3.7%		2.8%
Commercial pass-through		952,091				102.27				102.28				3.4%		2.9%
Interest-only		6,722,472				4.17				4.06				0.8%		3.4%
(1) Bond Equivalent Yield at period end.

At June 30, 2016 and December 31, 2015, the repurchase agreements collateralized by RMBS had the following remaining maturities.

		June 30, 2016			December 31, 2015
		(dollars in thousands)
Overnight		$	331,855		$	—
1 to 29 days		2,491,293			3,312,902
30 to 59 days		804,971			2,501,513
60 to 89 days		1,086,872			246,970
90 to 119 days		432,569			430,026
Greater than or equal to 120 days		708,703			947,928
Total		$	5,856,263		$	7,439,339

The following table summarizes certain characteristics of our portfolio at June 30, 2016 and December 31, 2015.

		June 30, 2016				December 31, 2015
Interest earning assets at period-end (1)		$	17,185,187			$	14,959,081
Interest bearing liabilities at period-end		$	13,815,136			$	11,689,250
GAAP Leverage at period-end		4.7:1				4.0:1
GAAP Leverage at period-end (recourse)		2.0:1				2.5:1
Economic Leverage at period-end (recourse)		2.1:1				2.7:1
Portfolio Composition, at amortized cost
Non-Agency RMBS		8.7		%		10.4		%
Senior		3.7		%		4.7		%
Senior, interest only		1.8		%		1.9		%
Subordinated		3.1		%		3.7		%
Subordinated, interest only		0.1		%		0.1		%
RMBS transferred to consolidated VIEs		8.0		%		10.1		%
Agency MBS		26.9		%		46.0		%
Residential		18.3		%		37.2		%
Commercial		7.7		%		6.8		%
Interest-only		0.9		%		2.0		%
Securitized loans held for investment		56.4		%		33.5		%
Fixed-rate percentage of portfolio		87.9		%		84.7		%
Adjustable-rate percentage of portfolio		12.1		%		15.3		%
Annualized yield on average interest earning assets for the periods ended		6.1		%		6.0		%
Annualized cost of funds on average borrowed funds for the periods ended (2)		2.7		%		2.5		%
(1) Excludes cash and cash equivalents.
(2) Includes the effect of realized losses on interest rate swaps.

Economic Book Value

The table below presents our estimated economic book value. We believe that the presentation of economic book value is useful to our stockholders as it represents an estimate of the fair value of the assets we own or are able to dispose of, pledge, or otherwise monetize. The estimated economic book value should not be viewed in isolation and is not a substitute for book value computed in accordance with GAAP.

June 30, 2016
(dollars in thousands, except per share data)
GAAP Book Value		$	2,963,080
GAAP Book Value per Share		$	15.78
Economic Adjustments:
Assets of Consolidated VIEs		(11,185,498		)
Non-Recourse Liabilities of Consolidated VIEs		7,958,873
Interests in VIEs eliminated in consolidation		3,013,777
Total Adjustments - Net		(212,848		)
Total Adjustments - Net (per share)		(1.13		)
Economic Book Value		$	2,750,232
Economic Book Value per Share		$	14.65
December 31, 2015
(dollars in thousands, except per share data)
GAAP Book Value		$	2,946,188
GAAP Book Value per Share		$	15.70
Economic Adjustments:
Assets of Consolidated VIEs		(6,908,910		)
Non-Recourse Liabilities of Consolidated VIEs		4,249,911
Interests in VIEs eliminated in consolidation		2,462,713
Total Adjustments - Net		(196,286		)
Total Adjustments - Net (per share)		(1.05		)
Economic Book Value		$	2,749,902
Economic Book Value per Share		$	14.65

Economic Net Interest Income

Our “Economic net interest income” is a non-GAAP financial measure, that equals interest income, less interest expense and realized losses on our interest rate swaps. Realized losses on our interest rate swaps are the periodic net settlement payments made or received. For the purpose of computing economic net interest income and ratios relating to cost of funds measures throughout this section, interest expense includes net payments on our interest rate swaps, which is presented as a part of Realized gains (losses) on derivatives in our Consolidated Statements of Operations and Comprehensive Income. Interest rate swaps are used to manage the increase in interest paid on repurchase agreements in a rising rate environment. Presenting the net contractual interest payments on interest rate swaps with the interest paid on interest-bearing liabilities reflects our total contractual interest payments. We believe this presentation is useful to investors because it depicts the economic value of our investment strategy by showing actual interest expense and net interest income. Where indicated, interest expense, including interest payments on interest rate swaps, is referred to as economic interest expense. Where indicated, net interest income reflecting interest payments on interest rate swaps, is referred to as economic net interest income.

The following table reconciles the GAAP and non-GAAP measurements reflected in the Management’s Discussion and Analysis of Financial Condition and Results of Operations.

		GAAP Interest Income				GAAP Interest Expense				Add: Net Realized Losses on Interest Rate Swaps				Economic Interest Expense				GAAP Net Interest Income				Less: Net Realized Losses on Interest Rate Swaps				Economic Net Interest Income (1)
For the Quarter Ended June 30, 2016		$	221,096			$	83,227			$	8,141			$	91,368			$	137,869			$	8,141			$	129,361
For the Quarter Ended March 31, 2016		$	201,194			$	62,981			$	11,220			$	74,201			$	138,213			$	11,220			$	126,545
For the Quarter Ended December 31, 2015		$	201,912			$	64,954			$	11,673			$	76,627			$	136,958			$	11,673			$	125,272
For the Quarter Ended September 30, 2015		$	211,876			$	65,696			$	11,355			$	77,051			$	146,180			$	11,355			$	134,714
For the Quarter Ended June 30, 2015		$	215,804			$	66,044			$	9,030			$	75,074			$	149,760			$	9,030			$	140,173

(1) Excludes interest income on cash and cash equivalents.

The table below shows our average earning assets held, interest earned on assets, yield on average interest earning assets, average debt balance, economic interest expense, economic average cost of funds, economic net interest income, and net interest rate spread for the periods presented.

		For the Quarter Ended
		June 30, 2016											June 30, 2015
		(dollars in thousands)											(dollars in thousands)
		Average Balance				Interest				Average Yield/Cost			Average Balance				Interest				Average Yield/Cost
Assets:
Interest-earning assets (1):
Agency MBS		$	4,882,776			$	29,376			2.4	%		$	6,360,739			$	44,821			2.8	%
Non-Agency RMBS		1,432,834				30,469				8.5	%		1,322,212				25,651				7.8	%
Non-Agency RMBS transferred to consolidated VIEs		1,346,840				62,889				18.7	%		1,593,971				68,885				17.3	%
Jumbo Prime securitized residential mortgage loans held for investment		411,343				3,489				3.4	%		559,150				6,250				4.5	%
Seasoned subprime securitized residential mortgage loans held for investment		6,214,467				94,505				6.1	%		4,518,897				71,765				6.4	%
Total		$	14,288,260			$	220,728			6.2	%		$	14,354,969			$	217,372			6.1	%
Liabilities and stockholders' equity:
Interest-bearing liabilities:
Agency repurchase agreements (2)		$	4,612,205			$	15,795			1.4	%		$	5,395,795			$	16,580			1.2	%
Non-Agency repurchase agreements		2,251,755				16,801				3.0	%		1,508,721				8,069				2.1	%
Securitized debt, collateralized by Non-Agency RMBS		458,350				5,922				5.2	%		648,437				9,218				5.7	%
Securitized debt, collateralized by jumbo prime residential mortgage loans		313,077				2,450				3.1	%		447,975				5,157				4.6	%
Securitized debt, collateralized by seasoned subprime residential mortgage loans		5,351,393				50,399				3.8	%		3,799,069				36,050				3.8	%
Total		$	12,986,780			$	91,367			2.8	%		$	11,799,997			$	75,074			2.5	%
Economic net interest income/net interest rate spread						$	129,361			3.4	%						$	142,298			3.6	%
Net interest-earning assets/net interest margin		$	1,301,480							3.6	%		$	2,554,972							4.0	%
Ratio of interest-earning assets to interest bearing liabilities		1.10											1.22
(1) Interest-earning assets at amortized cost
(2) Interest includes cash paid on swaps

The table below shows our Net Income, Economic Net Interest Income and Core Earnings, each as a percentage of average equity. Return on average equity is defined as our GAAP net income (loss) as a percentage of average equity. Average equity is defined as the average of Company’s beginning and ending equity balance for the period reported. Economic Net Interest Income is a non-GAAP financial measure, that equals interest income, less interest expense and realized losses on our interest rate swaps. Core Earnings is a non-GAAP measures as defined in previous section.

	Return on Average Equity		Economic Net Interest Income/Average Equity *		Core Earnings/Average Equity
	(Ratios have been annualized)
For The Quarter Ended June 30, 2016	10.09%		17.61%		13.00%
For The Quarter Ended March 31, 2016	11.34%		17.28%		14.95%
For The Quarter Ended December 31, 2015	15.22%		16.52%		13.23%
For The Quarter Ended September 30, 2015	(5.89)%		16.43%		13.14%
For The Quarter Ended June 30, 2015	13.35%		16.10%		13.40%
For The Year Ended
For The Year Ended December 31, 2015	7.52%		17.12%		14.20%
For The Year Ended December 31, 2014	16.99%		14.06%		12.70%

The table below presents changes in accretable yield, or the excess of the security’s cash flows expected to be collected over the Company’s investment, solely as it pertains to the Company’s Non-Agency RMBS portfolio accounted for according to the provisions of ASC 310-30.

		For the Quarter Ended								For the Six Months Ended
		June 30, 2016				June 30, 2015				June 30, 2016				June 30, 2015
		(dollars in thousands)								(dollars in thousands)
Balance at beginning of period		$	1,726,541			$	1,536,862			$	1,742,744			$	1,534,497
Purchases		22,417				23,872				42,600				108,625
Accretion		(35,054		)		(71,005		)		(71,407		)		(140,710		)
Reclassification (to) from non-accretable difference		27,492				211,625				27,459				218,807
Sales and deconsolidation		(26,804		)		(3,031		)		(26,804		)		(22,896		)
Balance at end of period		$	1,714,592			$	1,698,323			$	1,714,592			$	1,698,323

Disclaimer

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “target,” “assume,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among other things, those described in our Annual Report on Form 10-K for the year ended December 31, 2015, and any subsequent Quarterly Reports on Form 10-Q, under the caption “Risk Factors.” Factors that could cause actual results to differ include, but are not limited to: the state of credit markets and general economic conditions; changes in interest rates and the market value of our assets; the rates of default or decreased recovery on the mortgages underlying our target assets; the occurrence, extent and timing of credit losses within our portfolio; the credit risk in our underlying assets; declines in home prices; our ability to establish, adjust and maintain appropriate hedges for the risks in our portfolio; the availability and cost of our target assets; our ability to borrow to finance our assets and the associated costs; changes in the competitive landscape within our industry; our ability to manage various operational risks and costs associated with our business; interruptions in or impairments to our communications and information technology systems; our ability to acquire residential mortgage loans and successfully securitize the residential mortgage loans we acquire; our ability to oversee our third party sub-servicers; the impact of any deficiencies in the servicing or foreclosure practices of third parties and related delays in the foreclosure process; our exposure to legal and regulatory claims; legislative and regulatory actions affecting our business; the impact of new or modified government mortgage refinance or principal reduction programs; our ability to maintain our REIT qualification; and limitations imposed on our business due to our REIT status and our exempt status under the Investment Company Act of 1940.

Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Chimera does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Additional information concerning these and other risk factors is contained in Chimera’s most recent filings with the Securities and Exchange Commission (SEC). All subsequent written and oral forward-looking statements concerning Chimera or matters attributable to Chimera or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above.

Readers are advised that the financial information in this press release is based on company data available at the time of this presentation and, in certain circumstances, may not have been audited by the company’s independent auditors.

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Chimera Investment Corporation
Investor Relations
866-315-9930
www.chimerareit.com

Source: Chimera Investment Corporation