Ellington Financial LLC Reports Estimated Book Value Per Share as of September 30, 2018
Ellington Financial LLC (NYSE: EFC) ("Ellington Financial" or the "Company") today announced that its estimated book value per
common share as of September 30, 2018 was $19.69, or $19.37 on a diluted basis. Estimated book value per share on a diluted basis
takes into account securities convertible into the Company's common shares. These estimates are subject to change upon completion
of the Company's month-end valuation procedures relating to its investment positions, and any such change could be material. There
can be no assurance that the Company's estimated book value per common share as of September 30, 2018 is indicative of what the
Company's results are likely to be for the three or nine month period ending September 30, 2018 or in future periods, and the
Company undertakes no obligation to update or revise its estimated book value per common share prior to issuance of financial
statements for such periods.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results
may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be
identified by words such as "anticipate," "estimate," "will," "should," "may," "expect," "project," "believe," "intend," "seek,"
"plan" and similar expressions or their negative forms, or by references to strategy, plans, or intentions. The Company's results
can fluctuate from month to month depending on a variety of factors, some of which are beyond the Company's control and/or are
difficult to predict, including, without limitation, changes in interest rates, changes in mortgage default rates and prepayment
rates, and other changes in market conditions and economic trends. Furthermore, forward-looking statements are subject to risks and
uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K filed on March 15,
2018, which can be accessed through the link to our SEC filings under "For Our Shareholders" on our website (www.ellingtonfinancial.com)
or at the SEC's website (www.sec.gov).
Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected may be described
from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to
update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to
purchase securities.
About Ellington Financial LLC
Ellington Financial LLC is a specialty finance company that invests in a diverse array of financial assets, including
residential and commercial mortgage-backed securities, residential and commercial mortgage loans, consumer loans and asset-backed
securities backed by consumer loans, collateralized loan obligations, corporate equity and debt securities (including distressed
debt), non-mortgage and mortgage-related derivatives, equity investments in mortgage-related entities, and other strategic
investments. Ellington Financial LLC is externally managed and advised by Ellington Financial Management LLC, an affiliate of
Ellington Management Group, L.L.C.
Investor Contact:
Ellington Financial LLC
Investor Relations, 203-409-3575
info@ellingtonfinancial.com
or
Media Contact:
Gasthalter & Co., for Ellington Financial LLC
Amanda Klein / Kevin FitzGerald, 212-257-4170
ellington@gasthalter.com
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