Hanover Capital Mortgage Holdings, Inc. (Amex: HCM) will release 2006 second-quarter results on Thursday, August 10, 2006, prior to market opening. John A. Burchett, President and Chief Executive Officer, will host a conference call later that morning at 11:00 am ET to discuss the Company's results.

A live Webcast of the conference call may be accessed at http://www.investorcalendar.com . To participate, go to the Web site approximately 15 minutes before the call is scheduled in order to register and download/install the necessary audio software. A replay of the call will be available for 30 days.

To access the live call by phone, dial 877-407-8035 (international callers dial 201-689-8035) several minutes before the call. A recorded replay may be heard through Monday, August 14 at 11:59 pm by dialing 877-660-6853 (international callers dial 201-612-7415) and using playback account # 286 and conference ID # 210302.

Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed by seasoned mortgage capital markets professionals. HCM invests in mortgage- backed securities and mortgage loans and engages in non-interest income- generating activities through its subsidiary, Hanover Capital Partners 2, Ltd., which operates two separate divisions, Hanover Capital Partners and HanoverTrade. Hanover Capital Partners provides consulting and outsourcing services to the mortgage industry. HanoverTrade provides technology solutions and loan sale advisory services for the mortgage industry. For further information, visit HCM's Web site at http://www.hanovercapitalholdings.com .

Certain statements in this press release may constitute "forward-looking" statements as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. HCM is including this cautionary statement to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical fact are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements, to differ materially from future results, performance or achievements. The forward-looking statements are based on HCM's current belief, intentions and expectations. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties that are described in Item 1A of HCM's Annual Report on Form 10-K for the year ended December 31, 2005 and in other securities filings by HCM. HCM's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The forward-looking statements contained in this press release are made only as of the date hereof and HCM undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, subsequent events or circumstances or otherwise, unless otherwise required by law.

For further information, contact:

Hanover Capital Mortgage Holdings, Inc.

John A. Burchett, CEO, Irma N. Tavares, COO, or Harold McElraft, CFO

732-593-1044

Source: prnewswire