AG Mortgage Investment Trust, Inc. Announces Public Offering of Common Stock

AG Mortgage Investment Trust, Inc. (NYSE:MITT) (the “Company”) announced today that it intends to offer 3,000,000 shares of its common stock in an underwritten public offering. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The Company intends to use the net proceeds from this offering to fund purchases of residential mortgage loans, commercial mortgage loans and its target assets in accordance with its investment objectives and strategies, as well as for other general corporate purposes.

Morgan Stanley & Co. LLC is acting as sole book-running manager for the offering. JMP Securities LLC is acting as co-manager for the offering.

The offering will be made pursuant to the Company’s existing shelf registration statement, previously filed with the Securities and Exchange Commission (the "SEC") and which became effective on May 18, 2018. The offering of these shares is being made only by means of a prospectus and a related prospectus supplement, which will be filed with the SEC. Copies of the prospectus and prospectus supplement related to this offering may be obtained, when available, by contacting: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, CA 94111, Attention: Prospectus Department, or by calling [phone].

This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock or any other securities, nor shall there be any sale of these securities or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

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 and commercial mortgage assets, other real estate-related securities, financial assets and real estate. 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.