Exhibit 107.1

Calculation of Filing Fee Tables

Form S-3

(Form Type)

Ellington Financial Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

Security Type

Security Class Title

Fee Calculation or Carry Forward Rule

Amount Registered

Proposed  Maximum Offering Price Per Unit

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee

Carry Forward Form Type

Carry Forward File Number

Carry  Forward Initial Effective Date

Filing Fee Previously Paid In  Connection  with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to be Paid:

Equity

Common Stock, par value $0.001 per share

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Equity

Preferred Stock, par value $0.001 per share

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Other

Stockholder Rights to Purchase Common or Preferred Stock

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Other

Warrants to Purchase Common or Preferred Stock (3)

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Debt

Debt Securities

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Other

Depositary Shares, Representing Preferred Stock (4)

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Other

Units

Rule 457(r)

(1)

(1)

(1)

(2)

(2)

Fees Previously Paid

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Total Offering Amounts:

N/A

N/A

Total Fees Previously Paid:

N/A

Total Fee Offsets:

N/A

Net Fee Due:

N/A

(1)An unspecified number or amount of the securities of each identified class of securities is being registered as may be offered and sold from time to time at indeterminate prices. There is also being registered hereunder an indeterminate amount of each identified class of securities as may be issued upon conversion of, or in exchange for, or upon exercise of, or pursuant to, convertible or exchangeable securities that provide for exercise or conversion into or purchase of such

securities of Ellington Financial Inc. Separate consideration may or may not be received for securities that are issuable on exercise, conversion or exchange of other securities.

(2)In reliance upon Rules 456(b) and 457(r) under the Securities Act, the registrant is deferring payment of the registration fees relating to securities that are registered and available for sale under this registration statement. Registration fees will be paid subsequently in advance or on a pay-as-you-go basis.

(3)The warrants covered by the registration statement to which this exhibit is attached may be warrants to purchase common stock, preferred stock or depositary shares.

(4)Each depositary share will be issued under a deposit agreement and will be evidenced by a depositary receipt. In the event Ellington Financial Inc. elects to offer to the public fractional interests in shares of the preferred stock registered hereunder, depositary receipts will be distributed to those persons purchasing such fractional interests, and shares of preferred stock will be issued to the depositary under the deposit agreement. No separate consideration will be received for the depositary shares.