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Two Harbors Investment Corp. Announces Public Offering Of Common Stock

Two Harbors Investment Corp . (NYSE: TWO; NYSE MKT: TWO.WS) today announced that it plans to offer, subject to market and other conditions, 50,000,000 shares of its common stock in an underwritten public offering. The company has also granted the underwriters an option for 30 days to purchase up to an additional 7,500,000 shares of common stock to cover overallotments. Credit Suisse Securities (USA) LLC is acting as the lead book-running manager for the offering. Barclays Capital Inc., BofA Merrill Lynch and Goldman, Sachs & Co. are also acting as book-running managers.

The company expects to use the net proceeds from this offering to make additional acquisitions of its target assets, including residential mortgage-backed securities, prime jumbo residential mortgage loans, credit sensitive residential mortgage loans and mortgage servicing rights, and for other general corporate purposes.

The offering will be made pursuant to the company’s existing shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission on May 18, 2012 (Commission File No. 333-180791). The offering will be made only by means of a prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus supplement and accompanying prospectus, when available, may be obtained by contacting:

Credit Suisse Securities (USA) LLC

One Madison Avenue

New York, New York 10010

Attention: Prospectus Department

or by telephone at (800) 221-1037

or by emailing

newyork.prospectus@credit-suisse.com
             

Barclays Capital Inc.

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717

Telephone: (888) 603-5847

or by emailing

barclaysprospectus@broadridge.com
 
 
 

BofA Merrill Lynch

222 Broadway

New York, NY 10038

Attention: Prospectus Department

or by emailing

dg.prospectus_requests@baml.com

Goldman Sachs & Co.

200 West Street

New York, NY 10282

Attention: Prospectus Department

Telephone: (866) 471-2526

Facsimile: 212-902-9316

or by emailing

prospectus-ny@ny.email.gs.com

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