JAVELIN Mortgage Investment Corp. Announces Pricing of Public Offering of 6,000,000 Shares of Common Stock

JAVELIN Mortgage Investment Corp. Announces Pricing of Public Offering of
6,000,000 Shares of Common Stock

VERO BEACH, Fla., May 8, 2013 (GLOBE NEWSWIRE) -- JAVELIN Mortgage Investment
Corp. (NYSE:JMI) ("JAVELIN" or the "Company") announced today that it has
priced a public offering of 6,000,000 shares of common stock.JAVELIN has
granted the underwriters a 30-day option to purchase up to 900,000 additional
shares of common stock. Deutsche Bank SecuritiesInc., Citigroup Global
Markets Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC
areacting as joint book-running managers of the offering. The offering is
expected to close on May 13, 2013.

The Company intends to use the net proceeds of the offering to acquire
additional agency and non-agency securities as market conditions warrant and
for general corporate purposes.

A registration statement relating to the offered securities was filed with the
Securities and Exchange Commission ("SEC") and declared effective on May 7,
2013.The offering is being made by means of a preliminary prospectus
supplement, copies of which may be obtained by contacting: Deutsche Bank
Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY
10005-2836, by calling (800) 503-4611, or by emailing prospectus.cpdg@db.com;
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146, or by emailing
batprospectusdept@citi.com; Barclays Capital Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, Telephone: (888)
603-5847, or by emailing barclaysprospectus@broadridge.com; or Credit Suisse
Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue,
New York, NY, 10010, Telephone: (800) 221-1037, or by emailing

This press release shall not constitute an offer to sell, or a solicitation of
an offer to buy, nor shall there be any sale of the Company's securities in
any state or jurisdiction in which such an offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws
of such state or jurisdiction.

About JAVELIN Mortgage Investment Corp.

JAVELIN is a Maryland corporation that invests primarily in fixed rate agency
and fixed rate and hybrid adjustable rate non-agency residential
mortgage-backed securities. JAVELIN is externally managed and advised by
ARMOUR Residential Management LLC, an investment advisor registered with the
SEC. JAVELIN Mortgage Investment Corp. will elect to be taxed as a real estate
investment trust ("REIT") for U.S. Federal income tax purposes, commencing
with JAVELIN's taxable year ended December 31, 2012.

Safe Harbor

This press release includes "forward-looking statements" within the meaning of
the safe harbor provisions of the United States Private Securities Litigation
Reform Act of 1995. Actual results may differ from expectations, estimates and
projections and, consequently, you should not rely on these forward looking
statements as predictions of future events. Words such as "expect,"
"estimate," "project," "budget," "forecast," "anticipate," "intend," "plan,"
"may," "will," "could," "should," "believes," "predicts," "potential,"
"continue," and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements involve
significant risks and uncertainties that could cause the actual results to
differ materially from the expected results. Additional information concerning
these and other risk factors are contained in the Company's most recent
filings with the SEC. All subsequent written and oral forward-looking
statements concerning the Company are expressly qualified in their entirety by
the cautionary statements above. The Company cautions readers not to place
undue reliance upon any forward-looking statements, which speak only as of the
date made. The Company does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in their expectations or any
change in events, conditions or circumstances on which any such statement is

CONTACT: Investor Contact:
         James R. Mountain
         Chief Financial Officer
         JAVELIN Mortgage Investment Corp.
         (772) 617-4340

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