Bimini Mortgage Management, Inc. to Participate in NYSSA REIT Conference.

VERO BEACH, Fla. -- Bimini Mortgage Management, Inc. (NYSE:BMM), a real estate investment trust that invests primarily in residential mortgage-related securities, today announced that Jeffrey J. Zimmer, Chief Executive Officer, Chairman and President, and Robert Cauley, Chief Financial Officer and Chief Investment Officer, will participate in the New York Society of Security Analysts (NYSSA) 15th Annual REIT Industry Conference, which takes place on April 12, 2005, in New York City. The presentation by Bimini's management is scheduled at 2:10 p.m. Eastern Time and will be available to investors via a live audio webcast. A link to the webcast can be found at the investor relations section of the Company's website, www.biminireit.com, and the event will be available for replay for 30 days using that same link.

Bimini Mortgage Management, Inc. invests primarily in 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 earns returns on the spread between the yield on its assets and its costs, including the interest expense on the funds it borrows.