TWO (Two Harbors Investment Corp, NYSE: TWO) is sad to announce the passing of W. Reid Sanders, who served as a member of its Board of Directors since the company’s inception in October 2009.

“It is with great sadness that I reflect upon the passing of my friend and fellow Board member, Reid Sanders,” stated Stephen Kasnet, Chairman of TWO’s Board of Directors. “Reid was an integral part of TWO’s Board of Directors, helping guide the company through many years of growth and innovation. He will be greatly missed by his friends, family, and all who had the experience of meeting him.”

“Reid has long been a trusted advisor and partner to TWO and its management team, and we are deeply saddened by his passing,” stated Bill Greenberg, TWO’s President and CEO. “Reid’s wisdom and influence has been felt throughout our company’s evolution over the years, as we benefitted not only from his keen business acumen, but also from his integrity, humility, kindness and positivity.”

Reid had a long and distinguished career in the commercial real estate and financial services industries. Most recently, he was President of Sanders Properties, Inc., a real estate company that he founded, and served on the board of directors for several public and private companies, including TWO. He was well-known in his community for his lifelong commitment to philanthropy, including as a director, trustee and benefactor of several nonprofit organizations throughout the Southeast. His professional and personal legacies will leave an indelible mark on those who had the good fortune to know, work and serve with him.

About TWO

TWO (Two Harbors Investment Corp., NYSE: TWO), a Maryland corporation, is a real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities and other financial assets. TWO is headquartered in St. Louis Park, MN.

Additional Information

Stockholders of TWO and other interested persons may find additional information regarding the company at www.twoinv.com, at the Securities and Exchange Commission’s internet site at www.sec.gov or by directing requests to: TWO, 1601 Utica Avenue South, Suite 900, St. Louis Park, MN 55416, (612) 453-4100.

Margaret Karr, Head of Investor Relations, TWO, (612) 453-4080, Margaret.Karr@twoinv.com

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