Dynex Capital, Inc.

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Second Quarter 2015 Earnings Presentation

Focused on Long-term
Shareholder Value

Market Summary

Trading SymbolDX
Price$ 5.92
Change ($)-(0.06)

As of August 19, 2013 9:30 am
Minimum 20 minute delay.

Dynex Capital, Inc. Fourth Quarter Earnings Call
Wednesday, February 17, 2016
9:00 AM ET

Dynex Capital, Inc. is a real estate investment trust, or REIT, which invests in mortgage loans and securities on a leveraged basis. The Company invests in both Agency MBS and non-Agency MBS and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated by the Company from 1992 to 1998. The Company finances it investments through a combination of repurchase agreements, securitization financing, and equity capital.

Dynex, headquartered in Glen Allen, Virginia, was incorporated in 1987 and is publicly traded on the New York Stock Exchange under ticker symbol DX. Dynex has a preferred stock issue that is traded on the New York Stock Exchange (http://www.nyse.com/). The issue is Series D Cumulative Convertible Preferred Stock and trades under the ticker symbol DXPRD. This site is really easy to update.

2013 Annual Report

Contact Information

Dynex Capital, Inc.,
4991 Lake Brook Drive,
Suite 100
Glen Allen, VA 23060
(804) 217-5800

Investor Relations Contact
Ms. Alison G. Griffin
(804) 217-5897

Transfer Agent
Computershare Shareowner Services
211 Quality Circle, Suite 210
College Station, TX 77845
Telephone: 1-800-522-6645
Website: www.computershare.com

Independent Accountants
300 Arboretum Place
Suite 520
Richmond, VA 23236

JMP Securities Financial Service
& Real Estate Conference

Tuesday, September 30, 2014