NEW YORK, Jan. 15 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) ("NYMT" or the "Company") announced today the following tax treatment for dividends paid in 2009 on the Company's common stock.



                                         Cash      Short-
                                     Distribution   term    Taxable   Return
     Declaration    Record  Payment       per     Capital   Ordinary     of
         Date        Date     Date       share      Gain    Dividend  Capital
    -----------    ------   -------  ------------ -------  --------  -------
    12/23/08       01/07/09 01/26/09        $0.10    $0.00     $0.10    $0.00
    03/25/09       04/06/09 04/27/09        $0.18    $0.00     $0.18    $0.00
    06/14/09       06/26/09 07/27/09        $0.23    $0.00     $0.23    $0.00
    09/28/09       10/13/09 10/26/09        $0.25    $0.00     $0.25    $0.00

    Total 2009 Cash
     Distribution                           $0.76    $0.00     $0.76    $0.00

Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of dividends on the Company's common stock. The information set forth above is also available on the Company's website, www.nymtrust.com, under the "Investor Relations -- Dividend History" section of the website.

About New York Mortgage Trust

New York Mortgage Trust, Inc. is a real estate investment trust (REIT) that acquires and manages primarily real estate-related assets, including mortgage-backed securities ("RMBS") issued by Fannie Mae or Freddie Mac (each an "Agency"), high credit quality residential adjustable rate mortgage ("ARM") loans, non-Agency RMBS, and to a lesser extent, certain alternative real-estate related and financial assets. As a REIT, the Company is not subject to federal income tax, provided that it distributes at least 90% of its REIT income to stockholders.

SOURCE New York Mortgage Trust, Inc.