Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Anworth Mortgage Asset Corporation

announced today that, in accordance with the terms of Anworth's 6.25% Series B Cumulative Convertible Preferred Stock, or Series B Preferred Stock, the conversion rate of the Series B Preferred Stock has increased from 3.6075 shares of Anworth's common stock to 3.6714 shares of its common stock effective December 28, 2011.