Cypress Sharpridge Investments (CYS)

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Cypress Sharpridge Investments, Inc. Announces Conference Call to Discuss Third Quarter 2009 Results

Cypress Sharpridge Investments, Inc. (NYSE:CYS) ("CYS" or the "Company") announced it will host a conference call at 9:00 AM EDT on Thursday, October 22, 2009, to discuss the Company's financial results for the quarter ended September 30, 2009.

Hosting the call will be Kevin E. Grant, Chairman and Chief Executive Officer, along with other members of the Company's senior management team.

To participate in the conference call by telephone, please dial 866.510.0707 at least 10 minutes prior to the start time and reference passcode 30156740. International callers please dial 617.597.5376 and reference the same passcode.

The conference call will also be webcast live over the Internet and can be accessed at CYS’ Web site at www.cysinv.com. To listen to the live webcast, please visit www.cysinv.com at least 15 minutes prior to the start of the call to register, download, and install necessary audio software.

A dial in replay of the call will be available on Thursday, October 22, 2009 at approximately 3:00 PM EDT through Thursday, October 29, 2009 at 11:00 AM EDT. To access this replay, please dial 888.286.8010 and enter the conference ID number 28580733. International callers should dial 617.801.6888 and enter the same conference ID number. A replay of the conference call will also be archived on the Company’s website at www.cysinv.com.

About Cypress Sharpridge Investments, Inc.

Cypress Sharpridge Investments, Inc. is a specialty finance company that invests on a leveraged basis in whole-pool residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. The Company refers to these securities as Agency RMBS. Cypress Sharpridge Investments has elected to be taxed as a real estate investment trust for federal income tax purposes.

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