Fieldstone Investment Corporation Announces Dates for Third Quarter 2006 Earnings Release and Conference Call

COLUMBIA, Md., Oct. 31  /PRNewswire-FirstCall/ -- Fieldstone Investment Corporation (NASDAQ:FICC) announced today that it will report third quarter 2006 financial results on Wednesday, November 8, 2006 after the U.S. markets have closed.  Fieldstone will hold a conference call on Thursday, November 9, 2006 at 10:00 a.m. Eastern Time to discuss its third quarter 2006 operating results.

The conference call may be accessed by dialing 800-565-5442 (domestic) or 913-312-1298 (international).  Please dial in at least 10 minutes prior to the start of the call.  The conference call will also be webcast live on the Internet at http://www.fieldstoneinvestment.com/.  Interested participants should go to the Fieldstone website at least 15 minutes prior to the start of the call, select the "Press Room" tab, choose "Live Webcast of Third Quarter 2006 Earnings Call" and follow the related instructions.

A replay of the conference call will be available on Fieldstone's website at http://www.fieldstoneinvestment.com/ shortly after the conclusion of the call and will be archived on Fieldstone's website for a minimum of 30 days following the conference call.  Interested participants may also access a replay of the conference call by telephone after 1:00 p.m. Eastern Time on Thursday, November 9, 2006 until 11:59 p.m. Eastern Time on Wednesday, November 15, 2006 by dialing 888-203-1112 (domestic) or 719-457-0820 (international), passcode 6848285.

About Fieldstone

Fieldstone Investment Corporation owns and manages a portfolio of non- conforming mortgage loans originated primarily by its mortgage origination subsidiary, Fieldstone Mortgage Company, and has elected to be a real estate investment trust for federal income tax purposes.  Founded in 1995, Fieldstone Mortgage Company is a nationwide residential mortgage banking company that originates non-conforming and conforming residential mortgage loans through independent mortgage brokers serviced by regional wholesale operations centers and a network of retail branch offices located throughout the country. Fieldstone is headquartered in Columbia, Maryland.

To find out more about Fieldstone, please visit http://www.fieldstoneinvestment.com/. 

DATASOURCE: Fieldstone Investment Corporation



CONTACT:  Mark C. Krebs, Director of Investor Relations of Fieldstone

Investment Corporation, [phone], or Toll-Free, [phone], or





Web site:  http://www.fieldstoneinvestment.com/ 

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