Colony Financial To Present At Roth Capital Partners 24th Annual Growth Stock Conference

Colony Financial, Inc. (the “Company”) (NYSE: CLNY) today announced Darren Tangen, the Company’s Chief Financial Officer, will present at the ROTH Capital Partners 24 th Annual Growth Stock Conference on March 12, 2012 at The Ritz-Carlton, Laguna Nigel in Dana Point, California.

The presentation will begin at 4:30 p.m. PT / 7:30 p.m. ET and will be webcast live on the Internet in the Investor Relations section of the Company’s Web site at The webcast will also be archived and available on the Web site for 90 days.

About Colony Financial, Inc.

Colony Financial, Inc. is a real estate finance and investment company that is focused primarily on acquiring and originating commercial real estate loans and real estate-related debt at attractive risk-adjusted returns. Secondary debt purchases may include performing, sub-performing or non-performing loans (including loan-to-own strategies). Colony Financial has elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes. Colony Financial is a component of the Russell 2000® and the Russell 3000® indices. For more information, visit

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. Statements regarding the following subjects, among others, may be forward-looking: the Company's ability to maintain its qualification as a REIT for U.S. federal income tax purposes and the Company's ability to maintain its exemption from registration under the 1940 Act.

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