GFI Expands Middle East Presence With Tel Aviv Office

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Thu Apr 10, 2008 11:12am EDT

LONDON, April 10 /PRNewswire-FirstCall/ -- GFI Group, Inc. (Nasdaq:
GFIG), today announced the launch of an office in Tel Aviv, Israel, to better
serve its fast-growing client base there.
    GFI will begin offering global equity and futures execution through GFI
Securities Limited, a wholly-owned subsidiary, with plans to broker local
money market products in the near future.
    The office will be initially staffed with brokers from GFI's London and
Paris operations.
    The launch of GFI's Tel Aviv office was spearheaded by Marc Souffir,
Managing Director and Head of Paris. "Having an on-the-ground presence in
Israel is critical in providing top-tier service to our clients there," said
Mr. Souffir.
    "We see huge potential in this region and look forward to expanding our
business in such a dynamic and fast-growing country," said Mickey Gooch,
Chairman of GFI Group. Mr. Gooch is the founder of GFI Group and the 2007
winner of the Theodor Herzl Award by Global Capital Associates.
    About GFI Group Inc. http://www.GFIgroup.com
    GFI Group Inc. (http://www.GFIgroup.com) is a leading inter-dealer broker
specializing in over-the-counter derivatives products and related securities.
GFI Group Inc. provides brokerage services, market data and analytics
software products to institutional clients in markets for a range of credit,
financial, equity and commodity instruments.
    Headquartered in New York, GFI was founded in 1987 and employs more than
1,600 people with additional offices in London, Paris, Dubai, Hong Kong,
Shanghai, Tokyo, Singapore, Sydney, Seoul, Cape Town, Calgary, Englewood
(NJ), and Sugar Land (TX). GFI provides services and products to over 2,200
institutional clients, including leading investment and commercial banks,
corporations, insurance companies and hedge funds. Its brands include
GFI(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(TM), EnergyMatch(R),
FENICS(R), Starsupply(R), Amerex(R) and Trayport(R).
    Forward-looking statement
    Certain matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "might," "intend," "expect" and similar expressions
identify such forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated, expressed or
implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the
Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with:
economic, political and market factors affecting trading volumes; securities
prices or demand for the Company's brokerage services; competition from
current and new competitors; the Company's ability to attract and retain key
personnel, including highly-qualified brokerage personnel; the Company's
ability to identify and develop new products and markets; changes in laws and
regulations governing the Company's business and operations or permissible
activities; the Company's ability to manage its international operations;
financial difficulties experienced by the Company's customers or key
participants in the markets in which the Company focuses its brokerage
services; the Company's ability to keep up with technological changes; and
uncertainties relating to litigation. Further information about factors that
could affect the Company's financial and other results is included in the
Company's filings with the Securities and Exchange Commission. The Company
does not undertake to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
SOURCE  GFI Group Inc

Media Contact: GFI Group Inc. Alan Bright, Public Relations Manager,
+44-20-7877-8049, alan.bright@gfigroup.co.uk
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