Ellington Residential Mortgage REIT (NYSE: EARN) today announced that its 2018 Annual Meeting of Shareholders will be held on Wednesday, May 16, 2018, at 11:45 AM Eastern Time at the Hyatt Regency at 1800 East Putnam Avenue, Old Greenwich, CT 06870. The Board of Trustees has established March 22, 2018 as the record date for determining shareholders entitled to vote at the 2018 Annual Shareholders Meeting.

About Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT is a mortgage real estate investment trust that specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. government-sponsored enterprise. Ellington Residential Mortgage REIT is externally managed and advised by Ellington Residential Mortgage Management LLC, an affiliate of Ellington Management Group, L.L.C.

Investor Contact: Maria Cozine, Vice President of Investor Relations, Ellington Residential Mortgage REIT, (203) 409-3773 or info@earnreit.com;orMedia Contact: Amanda Klein or Kevin Fitzgerald, Gasthalter & Co., for Ellington Residential Mortgage REIT, (212) 257-4170 or Ellington@gasthalter.com.

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