Two Harbors Investment Corp. Subsidiary Named Federal Home Loan Mortgage Corporation Licensed Servicer

  Two Harbors Investment Corp. Subsidiary Named Federal Home Loan Mortgage
  Corporation Licensed Servicer

Business Wire

NEW YORK -- March 14, 2013

Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) announced today
that one of its wholly-owned subsidiaries received approval as a servicer
under the Federal Home Loan Mortgage Corporation’s (“Freddie Mac”) home
mortgage (1-4 unit) program. This approval allows the company to invest in
Mortgage Servicing Rights (MSRs) on Freddie Mac loans.

Two Harbors Investment Corp.

Two Harbors Investment Corp., a Maryland corporation, is a real estate
investment trust that invests in residential mortgage-backed securities,
residential mortgage loans and other financial assets. Two Harbors is
headquartered in Minnetonka, Minnesota, and is externally managed and advised
by PRCM Advisers LLC, a wholly-owned subsidiary of Pine River Capital
Management L.P. Additional information is available at
www.twoharborsinvestment.com.

Additional Information

Stockholders and warrant holders of Two Harbors, and other interested persons,
may find additional information regarding the company at the Securities and
Exchange Commission’s Internet site at www.sec.gov or by directing requests
to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 1400, Minnetonka,
MN 55305, telephone 612-629-2500.

Contact:

Investors:
Two Harbors Investment Corp.
July Hugen, 612-629-2514
Investor Relations
july.hugen@twoharborsinvestment.com