Invesco Mortgage Capital Inc. announced today that the public offering of 20,000,000 shares of its common stock has priced at$18.37per share for gross proceeds of approximately$367.4 million, before deducting underwriting discounts and estimated offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of common stock to cover over-allotments, if any. The offering is expected to close onAugust 23, 2011.

The Company expects to use the net proceeds from this offering to make additional acquisitions of residential and commercial mortgage-backed securities and mortgage loans, on a leveraged basis, and other general corporate purposes, which could include repaying debt or posting margin collateral on our borrowings and swaps.

Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.