Due to technical difficulties at the Company’s webcast and conference call hosting provider, the Second Quarter 2016 earnings conference call and live webcast originally scheduled for 10:00 a.m. Eastern Time today is being rescheduled to 2:30 p.m. Eastern Time today. The conference call to discuss the Second Quarter 2016 results can be accessed at 1-888-339-0823 or by live webcast which includes a slide presentation, the link for which is provided under “Investor Center” on the Company’s website at www.dynexcapital.com. When available, a transcript of the conference call will also be available on the Company's website.

About Dynex Capital, Inc.

Dynex Capital, Inc. (NYSE: DX) 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 CMBS and RMBS. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com..

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

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