IndyMac Bancorp Announces Earnings Webcast & Teleconference Call for Third Quarter 2006 Financial Results

  
    
  
  
    
      IndyMac Bancorp, Inc. (NYSE:NDE) (“Indymac” 
      or the “Company”), 
      the holding company for IndyMac Bank® 
      F.S.B. (“Indymac Bank”), 
      will hold a presentation for the investment community on Thursday, Nov. 
      2, 2006, at 11:00 a.m. ET (8:00 a.m. PT) to review third quarter 2006 
      financial results, which are scheduled to be released before the market 
      opens that morning. A live audio Webcast of the presentation will be 
      hosted by Michael W. Perry, Chairman and Chief Executive Officer. A 
      slide presentation will accompany the Webcast/conference call and can be 
      accessed along with Indymac’s Form 10-Q via 
      Indymac Bank’s home page at www.indymacbank.com.
    
    
      If you would like to participate:
    
    
      
        Please R.S.V.P. for the call at [phone] or [phone] 
        (international) access code #1402942.
      
      
        Internet Webcast access will be available at: http://www.indymacbank.com
      
      
        The telephone dial-in number is [phone] or [phone] 
        (international) access code #1402942; and
      
      
        The replay number is [phone] or [phone] (international) 
        access code #1402942.
      
    
    
      To participate on the call, please dial in 15 minutes prior to the 
      scheduled start time. The conference call will be replayed continuously 
      beginning 3:00 p.m. ET (12:00 p.m. PT) through midnight on Thursday, 
      Nov. 9th and will be available on Indymac’s 
      Website at www.indymacbank.com.
    
    
      About Indymac Bank
    
    
      IndyMac Bancorp, Inc. (NYSE:NDE) (Indymac®) 
      is the holding company for IndyMac Bank, F.S.B. (Indymac Bank®), 
      the largest savings and loan in Los Angeles and the ninth largest 
      mortgage originator in the nation. Indymac Bank, operating as a hybrid 
      thrift/mortgage banker, provides cost-efficient financing for the 
      acquisition, development, and improvement of single-family homes. 
      Indymac also provides financing secured by single-family homes and other 
      banking products to facilitate consumers’ 
      personal financial goals.
    
    
      With an increased focus on building customer relationships and a 
      valuable consumer franchise, Indymac is committed to becoming a top six 
      mortgage lender in the U.S. by 2010, while maintaining annualized 
      earnings per share growth in excess of 15 percent. The company is 
      dedicated to constantly raising expectations and conducting itself with 
      the highest level of ethics.
    
    
      For more information about Indymac and its affiliates, or to subscribe 
      to the company's Email Alert feature for notification of company news 
      and events, please visit http://about.indymacbank.com/investors.
    
    
      FORWARD-LOOKING STATEMENTS
    
    
      Certain statements contained in this press release may be deemed to be 
      forward-looking statements within the meaning of the federal securities 
      laws. The words "anticipate," "believe," "estimate," "expect," 
      "project," "plan," "forecast," "intend," "goal," "target," and similar 
      expressions identify forward-looking statements that are inherently 
      subject to risks and uncertainties, many of which cannot be predicted or 
      quantified. Actual results and the timing of certain events could differ 
      materially from those projected in or contemplated by the 
      forward-looking statements due to a number of factors, including, the 
      effect of economic and market conditions including industry volumes and 
      margins(1); the level and volatility of interest rates(1); the 
      Company’s hedging strategies, hedge 
      effectiveness and asset and liability management(1); the accuracy of 
      subjective estimates used in determining the fair value of financial 
      assets of Indymac; the credit risks with respect to our loans and other 
      financial assets; the actions undertaken by both current and 
      potential new competitors(1); the availability of funds from 
      Indymac's lenders and from loan sales and securitizations, to fund 
      mortgage loan originations and portfolio investments; the execution 
      of Indymac's growth plans and ability to gain market share in a 
      significant market transition(1); the impact of disruptions 
      triggered by natural disasters; pending or future legislation, regulations(1) 
      or litigation; and other risk factors described in the reports that 
      Indymac files with the Securities and Exchange Commission, including the 
      Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and its 
      reports on Form 8-K.
    
    
      (1) While all of the above items are important, the highlighted items 
      represent those that, in management’s view, 
      merit increased focus given current conditions.
    
  
IndyMac Bancorp, Inc. (NYSE:NDE) ("Indymac" or the "Company"), the
holding company for IndyMac Bank(R) F.S.B. ("Indymac Bank"), will hold
a presentation for the investment community on Thursday, Nov. 2, 2006,
at 11:00 a.m. ET (8:00 a.m. PT) to review third quarter 2006 financial
results, which are scheduled to be released before the market opens
that morning. A live audio Webcast of the presentation will be hosted
by Michael W. Perry, Chairman and Chief Executive Officer. A slide
presentation will accompany the Webcast/conference call and can be
accessed along with Indymac's Form 10-Q via Indymac Bank's home page
at www.indymacbank.com.

   If you would like to participate:

   --  Please R.S.V.P. for the call at [phone] or (719)
        457-2550 (international) access code #1402942.

   --  Internet Webcast access will be available at:
        http://www.indymacbank.com

   --  The telephone dial-in number is [phone] or (719)
        457-2680 (international) access code #1402942; and

   --  The replay number is [phone] or [phone]
        (international) access code #1402942.

   To participate on the call, please dial in 15 minutes prior to the
scheduled start time. The conference call will be replayed
continuously beginning 3:00 p.m. ET (12:00 p.m. PT) through midnight
on Thursday, Nov. 9th and will be available on Indymac's Website at
www.indymacbank.com.

   About Indymac Bank

   IndyMac Bancorp, Inc. (NYSE:NDE) (Indymac(R)) is the holding
company for IndyMac Bank, F.S.B. (Indymac Bank(R)), the largest
savings and loan in Los Angeles and the ninth largest mortgage
originator in the nation. Indymac Bank, operating as a hybrid
thrift/mortgage banker, provides cost-efficient financing for the
acquisition, development, and improvement of single-family homes.
Indymac also provides financing secured by single-family homes and
other banking products to facilitate consumers' personal financial
goals.

   With an increased focus on building customer relationships and a
valuable consumer franchise, Indymac is committed to becoming a top
six mortgage lender in the U.S. by 2010, while maintaining annualized
earnings per share growth in excess of 15 percent. The company is
dedicated to constantly raising expectations and conducting itself
with the highest level of ethics.

   For more information about Indymac and its affiliates, or to
subscribe to the company's Email Alert feature for notification of
company news and events, please visit
http://about.indymacbank.com/investors.

   FORWARD-LOOKING STATEMENTS

   Certain statements contained in this press release may be deemed
to be forward-looking statements within the meaning of the federal
securities laws. The words "anticipate," "believe," "estimate,"
"expect," "project," "plan," "forecast," "intend," "goal," "target,"
and similar expressions identify forward-looking statements that are
inherently subject to risks and uncertainties, many of which cannot be
predicted or quantified. Actual results and the timing of certain
events could differ materially from those projected in or contemplated
by the forward-looking statements due to a number of factors,
including, the effect of economic and market conditions including
industry volumes and margins(1); the level and volatility of interest
rates(1); the Company's hedging strategies, hedge effectiveness and
asset and liability management(1); the accuracy of subjective
estimates used in determining the fair value of financial assets of
Indymac; the credit risks with respect to our loans and other
financial assets; the actions undertaken by both current and potential
new competitors(1); the availability of funds from Indymac's lenders
and from loan sales and securitizations, to fund mortgage loan
originations and portfolio investments; the execution of Indymac's
growth plans and ability to gain market share in a significant market
transition(1); the impact of disruptions triggered by natural
disasters; pending or future legislation, regulations(1) or
litigation; and other risk factors described in the reports that
Indymac files with the Securities and Exchange Commission, including
the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and
its reports on Form 8-K.

   (1) While all of the above items are important, the highlighted
items represent those that, in management's view, merit increased
focus given current conditions.