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Dynex Capital, Inc. to Present at the Southwest IDEAS Investor Conference

GLEN ALLEN, Va.-( Business Wire )-

Dynex Capital, Inc. (NYSE: DX) announced today that members of the Company’s executive management team will present at the Southwest IDEAS Investor Conference on Thursday, November 17, 2011, at 9:10 a.m. Central Time (10:10 a.m. Eastern Time). A copy of the Company’s presentation and a live audio webcast will be accessible at www.dynexcapital.com on the “Investor Relations” page or through the conference website at www.swideas.com. The conference will be held at The Hilton Anatole in Dallas, Texas on November 16 and 17, 2011.

The IDEAS Investor Conferences are held annually in Boston, Chicago and Dallas and are produced by Three Part Advisors, LLC with sponsorships from the regional investment communities in which they are held. Additional information about the events can be located at www.IDEASconferences.com

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.

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


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