Deerfield Capital Corp. to Release Fourth Quarter and Full Year 2008 Financial Results and Host Conference Call

CHICAGO, March 3  /PRNewswire-FirstCall/ -- Deerfield Capital Corp. (NYSE Alternext: DFR) today announced that the company will report fourth quarter and year-end financial results on Monday, March 16, 2009 after the market closes.

The company will host a live conference call to discuss its financial results on Tuesday, March 17, 2009, at 11:00 a.m. Eastern Time.  The conference call will be accessible by telephone and through the Internet.  Interested individuals are invited to access the call by dialing 888-205-6648. To participate in the webcast, log on to the company's website at http://www.deerfieldcapital.com/ 15 minutes before the call to download the necessary software.

For those unable to listen to the call live, a replay will be available beginning one hour following the completion of the call on March 17, 2009 and will continue through March 24, 2009.  To access the rebroadcast, dial 888-203-1112 and request reservation number 9964992. A replay of the call will also be available on the internet at http://www.deerfieldcapital.com/ for 30 days.

About the Company

Deerfield Capital Corp. is a Maryland corporation that, through its subsidiary, Deerfield Capital Management LLC, manages client assets, including government securities, corporate debt, residential mortgage backed securities and asset-backed securities.  In addition, Deerfield Capital Corp. has a principal investing portfolio comprised of fixed income investments, including residential mortgage backed securities, government securities and corporate debt.

For more information, please go to the company website at http://www.deerfieldcapital.com/ 

DATASOURCE: Deerfield Capital Corp.



CONTACT:  Frank P. Straub, Chief Financial Officer of Deerfield Capital

Corp., [phone]; or Analyst Inquiries, Leslie Loyet of Financial

Relations Board, [phone], for Deerfield Capital Corp.



Web Site:  http://www.deerfieldcapital.com/ 

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