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

PASADENA, Calif. -- Third bullet point of release dated Jan. 5, 2007 should read:

* The telephone dial-in number is [phone] or [phone] (international) access code #9448230; and

The corrected release reads:

INDYMAC BANCORP ANNOUNCES EARNINGS WEBCAST & TELECONFERENCE CALL FOR FOURTH QUARTER 2006 FINANCIAL RESULTS

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, Jan. 25, 2007, at 8:00 a.m. PT (11:00 a.m. ET) to review fourth quarter 2006 financial results, which are scheduled to be released before the market opens on 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 8-K 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 #9448230.

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

* The telephone dial-in number is [phone] or [phone] (international) access code #9448230; and

* The replay number is [phone] or [phone] (international) access code #9448230.

To participate on the call, please dial in 15 minutes prior to the scheduled start time. The conference call will be replayed continuously beginning on Jan. 25 at 12:00 p.m. PT through 10:00 p.m. PT on Jan. 30 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 7th largest savings and loan and the 9th 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 continually 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.