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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 5, 2003
DYNEX CAPITAL, INC.
(Exact Name of Registrant as Specified in Charter)
1-9819
(Commission File Number)
Virginia 52-1549373
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
4551 Cox Road, Suite 300, Glen Allen, Virginia 23060
(Address of principal executive offices) (Zip Code)
(804) 217-5800
(Registrant's telephone number, including
area code)
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Item 7. Exhibits.
(c) Exhibits
99.1 Press Release dated May 5, 2003 of Dynex Capital, Inc.
(the "Company").
Item 9. Regulation FD Disclosure.
The information contained in this Item 9 of this Current Report is being
furnished pursuant to "Item 12. Results of Operations and Financial Condition"
of Form 8-K in accordance with Release Nos. 33-8216 and 34-47583.
The information in this Current Report is being furnished and shall not be
deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that Section. The
information in this Current Report shall not be incorporated by reference into
any registration statement or other document pursuant to the Securities Act of
1933, as amended.
On May 5, 2003, the Company issued a Press Release announcing the Company's
results for the quarter ending March 31, 2003. A copy of the Press Release has
been furnished as an exhibit to this report and is incorporated by reference
herein.
The Press Release in Exhibit 99.1 includes forward-looking statements within the
meaning of the federal securities laws. Actual results and developments could
differ materially from those expressed in or contemplated by the forward-looking
statements due to a number of factors, including general economic and market
conditions, disruptions in the capital markets, fluctuations in interest rates,
the accuracy of subjective estimates used in determining the fair value of
certain financial assets of the Company, the impact of recently issued financial
accounting standards, increases in costs, other general competitive factors, and
other risk factors discussed in the Company's SEC filings. The Company does not
undertake to update, revise or correct any of the forward-looking information.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DYNEX CAPITAL, INC.
Date: May 5, 2003 By: /s/ Stephen J. Benedetti
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Stephen J. Benedetti
Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit Name of
Number Exhibit
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99.1 Press Release dated May 5, 2003.