UPDATE: Chimera Investment Corporation Announces Special Dividend of $0.20/Share

The Board of Directors of Chimera Investment Corporation

today declared a special common stock cash dividend of $0.20 per common share. This special dividend is payable January 31, 2014, to common shareholders of record on January 8, 2014. The ex-dividend date is January 6, 2014. The special dividend may constitute a return of capital for federal tax purposes. Taxable income and the ultimate composition of the dividend between income and return of capital are calculated on a cumulative basis and will change over the course of the year. The character and composition of the dividend will not be finalized until the Company files its 2014 tax return in 2015. Matthew Lambiase, the Chief Executive Officer and President of Chimera,