News Release

IRVINE, Calif., July 17 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, Inc. (Pink Sheets: IMPM), a Maryland corporation, or the "Company," announces the live webcast of its Annual Stockholders' Meeting. You are invited to listen to the meeting on Tuesday, July 21, 2009 at 9:00 a.m. P.T. (12:00 p.m. E.T.). The webcast information is as follows:

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070305/LAM033LOGO)

    What:   Impac Mortgage Holdings, Inc.
            Annual Stockholders' Meeting

    When:   Tuesday, July 21, 2009, 9:00 a.m. P.T. (12:00 p.m. E.T.)

    Where:  www.impaccompanies.com  then link to Stockholder Relations /
            Presentations

    How:    Internet - Simply log on to the web at the address above. Go to
            Impac Mortgage Holdings, Inc., link to Stockholder Relations and
            then to Presentations.

If you are unable to connect during the live webcast, the presentation will be archived on our web site for 90 days. A copy of the presentation will also be posted under Presentations.

About the Company

Impac Mortgage Holdings, Inc., through its Long Term Investment Operations, primarily invests in non-conforming mortgage loans and to a lesser extent small balance commercial and multi-family loans.

For additional information, questions or comments, please call Justin Moisio in Investor Relations at (949) 475-3988 or email jmoisio@impaccompanies.com. Web site: www.impaccompanies.com

SOURCE Impac Mortgage Holdings, Inc.

CONTACT: Justin Moisio, Investor Relations of Impac Mortgage Holdings, Inc., +1-949-475-3988, jmoisio@impaccompanies.com
Photo: http://www.newscom.com/cgi-bin/prnh/20070305/LAM033LOGO
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PRN Photo Desk, photodesk@prnewswire.com
Web Site: http://www.impaccompanies.com
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