AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2012 Dividend Distributions

Thu Jan 24, 2013 4:30pm EST

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NEW YORK--(Business Wire)--
AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the "Company"), a real estate
investment trust (REIT), announced today the tax treatment of common and
preferred stock dividends declared in 2012. This information is provided to
assist stockholders with tax reporting requirements related to dividend
distributions of taxable income by the Company. 

Stockholders should review the 2012 tax statements received from their brokerage
firms or other institutions to ensure that the statements agree with the
information provided below. Also, as each stockholder`s tax situation may be
different, stockholders are encouraged to consult with their own professional
tax advisor with respect to their specific tax treatment of the Company`s
dividend distributions. 

During 2012, the Company did not generate qualified dividends income.
Additionally, because the Company is a REIT, dividends declared in the last
month of a calendar year with a record date in that calendar year, but which are
payable in January of the following year, are considered paid for Form 1099
reporting purposes on the record date, not on the payable date, to the extent
the REIT has any remaining undistributed earnings and profits (as computed for
income tax purposes) as of December 31 of that calendar year. 

The Company's dividend distributions per share of common stock (CUSIP
#001228105) are to be classified for income tax purposes as follows:

                                                                                                                                                 
 Security Description        Declaration         Record Date        Payable Date      2012                    2012 Ordinary       2012 Capital   
                             Date                                                     Distribution Per        Dividends           Gains          
                                                                                      Share                                                      
 Common Stock                12/06/2012          12/18/2012         1/28/2013         $0.80                   $0.69192            $0.10808       
 Common Stock                9/06/2012           9/18/2012          10/26/2012        $0.77                   $0.66597            $0.10403       
 Common Stock                6/07/2012           6/29/2012          7/27/2012         $0.70                   $0.60543            $0.09457       
 Common Stock                3/14/2012           3/30/2012          4/27/2012         $0.70                   $0.60543            $0.09457       
 Totals                                                                               $2.97                   $2.56875            $0.40125       
                                                                                                                                                 


The distributions per share of Series A 8.25% Cumulative Redeemable Preferred
Stock (CUSIP #001228204) are to be classified for income tax purposes as
follows:

                                                                                                                                                 
 Security Description        Declaration         Record Date        Payable Date      2012                    2012 Ordinary       2012 Capital   
                             Date                                                     Distribution Per        Dividends           Gains          
                                                                                      Share                                                      
 Series A Preferred          11/16/2012          11/30/2012         12/17/2012        $0.51563                $0.44597            $0.06966       
 Series A Preferred          8/17/2012           8/31/2012          9/17/2012         $0.25210                $0.21804            $0.03406       
 Totals                                                                               $0.76773                $0.66401            $0.10372       
                                                                                                                                                 


The distributions per share of Series B 8.00% Cumulative Redeemable Preferred
Stock (CUSIP #001228303) are to be classified for income tax purposes as
follows:

                                                                                                                                           
 Security Description      Declaration       Record Date      Payable Date      2012                    2012 Ordinary       2012 Capital   
                           Date                                                 Distribution Per        Dividends           Gains          
                                                                                Share                                                      
 Series B Preferred        11/16/2012        11/30/2012       12/17/2012        $0.44                   $0.38056            $0.05944       
                                                                                                                                           


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.

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

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