Anworth Schedules Conference Call to Announce Quarterly Earnings

Anworth Mortgage Asset Corporation (NYSE:ANH) announced today that it will release results for the third quarter of 2009 on November 3, 2009.

Lloyd McAdams, Anworth’s Chairman of the Board and Chief Executive Officer, will host a conference call on November 3, 2009 at 5:00 PM Eastern Time, 2:00 PM Pacific Time, to discuss third quarter 2009 results.

The dial-in number for the conference call is 866-356-4279 for U.S. and Canadian callers (international callers should dial 617-597-5394) and the passcode is 27700944. Replays of the call will be available for a 7-day period commencing at 7:00 PM Eastern Time. The dial-in number for the replay is 888-286-8010 for U.S. and Canadian callers (international callers should dial 617-801-6888) and the passcode is 54069222. The conference call will also be webcast over the Internet which can be accessed on Anworth’s web site at www.anworth.com through the corresponding link located on the home page.

About Anworth Mortgage Asset Corporation

Anworth is a mortgage real estate investment trust which invests 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. Anworth generates income for distribution to shareholders primarily based on the difference between the yield on its mortgage assets and the cost of its borrowings. The Company’s common stock is traded on the New York Stock Exchange under the symbol ANH.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties including increases in the prepayment rates on the mortgage loans securing our mortgage-backed securities, our ability to use borrowings to finance our assets, risks associated with investing in mortgage-related assets including changes in business conditions and the general economy, our ability to maintain our qualification as a real estate investment trust for federal income tax purposes and management's ability to manage our growth. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.