Two Harbors Investment appoints Stephen Kasnet as Chairman of the Board of Directors

– USA, NY –  Two Harbors Investment Corp. (NYSE:TWO), today announced that Stephen G. Kasnet, Lead Independent Director of the Board of Directors, has been appointed as Chairman. In connection with Mr. Kasnet’s appointment, Brian Taylor announced that he is stepping down from his position as Chairman and member of the Board in order to more fully focus on the business and operations of Pine River Capital Management L.P., for which he serves as the Chief Executive Officer.

“The Board is pleased to announce the appointment of Stephen Kasnet as its Chairman,” stated Thomas Siering, Two Harbors’ President and Chief Executive Officer. “Steve has been an integral member of our Board, serving as our Lead Independent Director since our inception in October 2009. We are also grateful for Brian’s dedication and contributions to the Board over the past nine years.”

About Two Harbors Investment Corp.

Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets. Two Harbors is headquartered in New York, New York, and is externally managed and advised by PRCM Advisers LLC, a wholly owned subsidiary of Pine River Capital Management L.P.

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