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AG Mortgage Investment Trust, Inc. Announces Public Offering of Common Stock

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Wed Dec 19, 2012 4:19pm EST

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20121219:nBw196586a

NEW YORK--(Business Wire)--
AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the "Company") announced today
that it intends to make a public offering of 3,750,000 shares of its common
stock. The Company intends to grant the underwriters a 30-day option to purchase
up to 562,500 additional shares of its common stock. 

The Company expects to use the net proceeds from the offering to make additional
acquisitions of residential mortgage-backed securities, other real
estate-related assets, and for general corporate purposes. 

Credit Suisse Securities (USA) LLC is acting as the lead book-running manager
for the offering. BofA Merrill Lynch, Nomura and Stifel Nicolaus Weisel are
acting as book-running managers. JMP Securities LLC, Wunderlich Securities and
Maxim Group LLC are acting as co-managers. 

The offering will be made pursuant to the Company's existing shelf registration
statement, which was declared effective by the Securities and Exchange
Commission on July 20, 2012. This press release is neither an offer to sell nor
a solicitation of an offer to buy shares of common stock. The offering of these
securities will be made only by means of a prospectus and a related prospectus
supplement, a copy of which may be obtained by contacting: Credit Suisse
Securities (USA) LLC, One Madison Avenue, New York, New York 10010, Attention:
Prospectus Department or by calling (800) 221-1037 or emailing
newyork.prospectus@credit-suisse.com; BofA Merrill Lynch at 222 Broadway, New
York, NY 10038, Attention: Prospectus Department or by emailing
dg.prospectus_requests@baml.com; Stifel Nicolaus Weisel, Attn: Prospectus
Department, One South Street, 15th Floor, Baltimore, MD 21201 or by calling
855-300-7136; and Nomura Securities International, Inc., by mail at Attention:
Equity Syndicate Department, 2 World Financial Center, New York, NY 10281 or by
telephone at (212) 667-9000. 

This press release and the prospectus supplement and the accompanying prospectus
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. 

About AG Mortgage Investment Trust, Inc.

AG Mortgage Investment Trust, Inc. is a real estate investment trust that
invests in, acquires and manages a diversified portfolio of residential mortgage
assets, other real estate-related securities and financial assets. AG Mortgage
Investment Trust, Inc. is externally managed and advised by AG REIT Management,
LLC, a subsidiary of Angelo, Gordon & Co., L.P., an SEC-registered investment
adviser that specializes in alternative investment activities. 

Forward-Looking Statements Disclaimer

This press release contains "forward-looking statements" made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995,
including with regard to the Company's consummation of its offering of common
stock and the anticipated use of proceeds. Forward-looking statements typically
are identified by use of the terms such as "believe," "expect," "anticipate,"
"estimate," "plan," "continue," "intend," "should," "may" or similar
expressions. Forward-looking statements are based on our beliefs, assumptions
and expectations of our future performance, taking into account all information
currently available to us. No assurance can be given that the offering discussed
above will be consummated, or that the net proceeds of the offering will be used
as indicated. Consummation of the offering, and the application of the net
proceeds of the offering, are subject to numerous possible events, factors and
conditions, many of which are beyond the control of the Company and not all of
which are known to us, including, without limitation, market conditions and
those described in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2011, Quarterly Report on Form 10-Q for the quarter ended June 30,
2012, as amended, and Quarterly Report on Form 10-Q for the quarter ended
September 30, 2012, each of which has been filed with the Securities and
Exchange Commission. All forward-looking statements speak only as of the date on
which they are made. New risks and uncertainties arise over time, and it is not
possible to predict those events or how they may affect us. Except as required
by law, we are not obligated to, and do not intend to, update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

AG Mortgage Investment Trust, Inc.
Lisa Yahr, 212-692-2282
Investor Relations
lyahr@angelogordon.com



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