Opteum Inc. Declares $0.05 First Quarter 2007 Cash Dividend

  
    
  
  
    
      Opteum Inc. (NYSE:OPX), a real estate investment trust (REIT) that 
      operates an integrated mortgage-related securities investment portfolio 
      and mortgage origination platform, today announced that its Board of 
      Directors has declared a cash dividend of $0.05 per share of Class A and 
      Class B Common Stock for the quarter ending March 31, 2007. The dividend 
      is payable April 13, 2007, to stockholders of record on March 26, 2007.
    
    
      About Opteum
    
    
      Opteum Inc. is a real estate investment trust (REIT) that operates an 
      integrated mortgage-related investment portfolio and mortgage 
      origination platform. The REIT invests primarily in, but is not limited 
      to, residential mortgage-related securities issued by the Federal 
      National Mortgage Association (Fannie Mae), the Federal Home Loan 
      Mortgage Corporation (Freddie Mac) and the Government National Mortgage 
      Association (Ginnie Mae). It attempts to earn returns on the spread 
      between the yield on its assets and its costs, including the interest 
      expense on the funds it borrows. Opteum’s 
      mortgage origination platform, Opteum Financial Services, originates, 
      buys, sells, and services residential mortgages from offices throughout 
      the United States and operates as a taxable REIT subsidiary.
    
    
      Statements herein relating to matters that are not historical facts 
      are forward-looking statements as defined in the Private Securities 
      Litigation Reform Act of 1995. The reader is cautioned that such 
      forward-looking statements are based on information available at the 
      time and on management's good faith belief with respect to future 
      events, and are subject to risks and uncertainties that could cause 
      actual performance or results to differ materially from those expressed 
      in such forward-looking statements. Important factors that could cause 
      such differences are described in Opteum Inc.'s filings with the 
      Securities and Exchange Commission, including Opteum Inc.'s most recent 
      Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Opteum Inc. 
      assumes no obligation to update forward-looking statements to reflect 
      subsequent results, changes in assumptions or changes in other factors 
      affecting forward-looking statements.