ANWORTH MORTGAGE ASSET CORPORATION 1,000,000 Shares of 8.625% Series A Cumulative Preferred Stock UNDERWRITING AGREEMENT November 1, 2004Underwriting Agreement • November 3rd, 2004 • Anworth Mortgage Asset Corp • Real estate investment trusts • New York
Anworth Mortgage Asset Corporation, a Maryland corporation (the “Company”), confirms its agreement with each of the Underwriters listed on Schedule I hereto (collectively, the “Underwriters”), for whom you are acting as a representative (in such capacity, the “Representative”), with respect to (i) the sale by the Company of One Million (1,000,000) shares (the “Initial Shares”) of 8.625% Series A Cumulative Preferred Stock, par value $.01 per share, of the Company (the “Preferred Stock”) and the purchase by the Underwriters, acting severally and not jointly, of the respective number of shares of Preferred Stock set forth opposite the names of the Underwriters in Schedule I hereto, and (ii) the grant of the option to the Underwriters described in Section 1(b) hereof to purchase all or any part of One Hundred Fifty Thousand (150,000) additional shares of Preferred Stock to cover over-allotments (the “Option Shares”), if any, as set forth in Schedule I hereto. The 1,000,000 shares of Prefe
