Business Services Industry

IndyMac Bancorp, Inc. to Present at Cohen & Company Third Annual Investors Conference

Business Wire, March 20, 2007

PASADENA, Calif. -- First graph, first sentence of the release should read: IndyMac Bancorp, Inc. (NYSE:NDE) (Indymac([R])), the holding company for IndyMac Bank F.S.B. (Indymac Bank([R])), today announced that it will present on Tuesday, March 20, 2007, at the Cohen & Company Third Annual Investors Conference in New York City. (sted Wednesday, March 20, 2007).

The corrected release reads:

INDYMAC BANCORP, INC. TO PRESENT AT COHEN & COMPANY THIRD ANNUAL INVESTORS CONFERENCE

IndyMac Bancorp, Inc. (NYSE:NDE) (Indymac([R])), the holding company for IndyMac Bank F.S.B. (Indymac Bank([R])), today announced that it will present on Tuesday, March 20, 2007, at the Cohen & Company Third Annual Investors Conference in New York City.

Indymac's management will speak at the conference beginning at 10:10 a.m. EDT. An audio webcast will be available on the Company'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 2nd largest independent mortgage lender 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 five mortgage lender in the U.S. by 2011, with a long-term goal of providing returns on equity of 15 percent or greater. 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.>