Ellington Financial to Release Estimated Month-End Book Value Per Common Share

Ellington Financial Inc. (NYSE: EFC) (the "Company") today confirmed that it expects to provide estimated book value per common share as of March 31, 2020, after the close of markets on Tuesday, April 7^th. The Company is currently undergoing its month-end valuation process, and consistent with past practice, expects to provide an estimate of its book value per common share on the fifth business day of the month.

About Ellington Financial

Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

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