Anworth Announces Annual Meeting Results

Anworth Mortgage Asset Corporation (NYSE: ANH) announced the results of its 2012 Annual Meeting of Stockholders (the “Annual Meeting”), which was held on Wednesday, May 23, 2012. Stockholders of record on the record date (March 26, 2012) were entitled to vote at the Annual Meeting.

The following items were presented for stockholder approval:
  • The election of six directors to hold office until the next annual meeting of stockholders or until their successors have been duly elected and qualified;
  • An advisory vote to approve the compensation of our Named Executive Officers; and
  • The ratification of the appointment of McGladrey & Pullen, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2012.

The proposal for election of each nominee for director passed with affirmative votes exceeding 94% of the votes cast (excluding abstentions and broker non-votes); the advisory vote to approve the compensation of our Named Executive Officers passed with affirmative votes exceeding 76% of the votes cast (excluding abstentions and broker non-votes); and the proposal for ratification of the independent registered public accounting firm passed with affirmative votes exceeding 99% of the votes cast (excluding abstentions but including broker non-votes). The final voting results for each proposal will be filed today with the U.S. Securities and Exchange Commission on a Current Report on Form 8-K and will be available for viewing on our website at http://www.anworth.com.

About Anworth Mortgage Asset Corporation

Anworth is an externally-managed mortgage real estate investment trust. We invest primarily in securities guaranteed by the U.S. Government, such as Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie Mae or Freddie Mac. We seek to generate income for distribution to our shareholders primarily based on the difference between the yield on our mortgage assets and the cost of our borrowings. We are managed by Anworth Management, LLC, or the Manager, pursuant a management agreement. The Manager is subject to the supervision and direction of our Board of Directors and is responsible for (i) the selection, purchase and sale of our investment portfolio; (ii) our financing and hedging activities; and (iii) providing us with management services and other services and activities relating to our assets and operations as may be appropriate. Our common stock is traded on the New York Stock Exchange under the symbol “ANH.”

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