Capstead Mortgage Corp.

Andrew F. Jacobs was elected to the board of directors in July 2003 and has served as our President and Chief Executive Officer since that time. He served as our Executive Vice President—Finance from August 1998 to July 2003 and as Secretary from April 2000 to July 2003. Mr. Jacobs has served in various other executive positions with us since 1988. Mr. Jacobs is a certified public accountant.

Christopher W. Mahowald has served as a director since June 2005. Mr. Mahowald has been president of RSF Management and RSF Partners since 1997 and serves as managing partner of several of their real estate private equity funds. From 1990 to 1997 Mr. Mahowald was a partner with the Robert M. Bass Group where he was a founding principal in several real estate-related private equity funds, including the Brazos Fund and the Lone Star Opportunity Fund. Mr. Mahowald serves on the boards of Smith Packet and Stonegate Senior Living, both private firms, as well as the board for the Stanford Graduate School of Business.

Phillip A. Reinsch has served as our Executive Vice President, Chief Financial Officer and Secretary since July 2006. He served as our Senior Vice President, CFO and Secretary from July 2003 to July 2006. Mr. Reinsch has served in various other executive positions with us since March 1993. He was employed by Ernst & Young LLP from July 1984 to March 1993, last serving as Audit Senior Manager. Mr. Reinsch is a certified public accountant.

Mark S. Whiting has served as a director since April 2000. Mr. Whiting has been the managing partner of Drawbridge Partners, LLC, a real estate investment firm, since September 1998. Mr. Whiting served as chief executive officer and a director of TriNet Corporate Realty Trust, Inc., a commercial REIT, from May 1996 through September 1998 and served as president, chief operating officer and a director of TriNet from May 1993 to May 1996. Mr. Whiting currently serves on the board of directors of The Marcus & Millichap Company, a private real estate investment brokerage firm.

Paul M. Low has served as a director continuously since November 1990, and prior thereto from April 1985 to March 1990. Mr. Low served as our chairman from July 2003 - April 2009. He currently serves as our Chairman Emeritus. Mr. Low was chief executive officer of Laureate Inc., a private software company, from March 1997 to his retirement in February 2001. From January 1992 to September 1994, Mr. Low was chairman of the board of New America Financial L.P., a mortgage banking firm which he founded. Mr. Low was president of Lomas Mortgage USA, a mortgage banking firm, from July 1987 to December 1990, and he served in various other executive positions with Lomas beginning in 1957. Mr. Low served as our senior executive vice president from April 1985 to January 1988.

Jack Biegler was named Chairman of our board in April 2009, and he has served as a director since June 2005. Mr. Biegler has served since 1996 as president of Ellison Management LLC which invests in and finances commercial real estate. From 1980 until its sale in 1996, Mr. Biegler served as chief financial officer of Ray Ellison Industries, which was involved with the development and construction of single-family homes in San Antonio, Texas. Mr. Biegler serves as chairman of the community board of Wells Fargo Bank, San Antonio.

As a senior member of Merrill Lynch & Co.'s Investment Banking Division for more than 29 years, O'Neil raised more than $150 billion for Merrill Lynch clients. He brings to MobilePro expertise in the raising of debt and equity capital in the public and private capital markets, mergers and acquisitions, project financing and advising young technology companies. O'Neil is a member of the board of directors of Capstead Mortgage Corporation, a New York Stock Exchange listed company, and Massively Parallel Technologies, Inc., a privately held software technology company specializing in high-speed computing. He received his bachelor's degree in economics from the University of California, Berkeley and his MBA from the Wharton Graduate School of Business at the University of Pennsylvania. O'Neil also served in the United States Marine Corps.

Mr. O Neil was a director in the investment banking division of the corporate and institutional client group at Merrill Lynch, Pierce, Fenner & Smith Incorporated from 1972 until his retirement in May 2001. Mr. O Neil served on the board of Massively Parallel Technologies, Inc., a private software technology company specializing in high-speed computing, until March 1, 2009, when he became a member of their advisory board.