Company Profile For Chimera Investment Corporation

Chimera Investment Corporation is a specialty finance company that invests in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company (FIDAC). The Company's targeted asset classes and the principal investments it expects to make includes RMBS comprising agency and non-agency RMBS, residential mortgage loans consisting of prime mortgage loans, jumbo mortgage loans, and Alt-A mortgage loans and other asset backed securities (ABS) consisting of debt and equity tranches of collateralized debt obligations (CDOs), commercial mortgage backed securities (CMBS) and consumer and non-consumer ABS.

BRIEF: For the nine months ended 30 September 2009, Chimera Investment Corporation's revenue totaled $197.8M, up from $81.6M. Net income totaled $228.5M vs. a loss of $128.6M. Revenues reflect higher interest income. Net income reflects the presence of realized gains on sales of investment, net vs. losses, the presence of non-credit portion of gain recognized in other comprehensive income and the absence of realized losses on terminations of interest rate swaps.