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TheStreet Open House

GFI Group Inc. Announces One Day Extension Of Exchange Offer

NEW YORK, Dec. 15, 2011 /PRNewswire/ -- GFI Group Inc. (NYSE: GFIG) announced today that it will extend its offer to exchange (the "Exchange Offer") up to $250 million in aggregate principal amount of its registered 8.375% Senior Notes due 2018 (the "New Notes") for up to $250 million in aggregate principal amount of its currently outstanding  unregistered 8.375% Senior Notes due 2018 (the "Original Notes") to 5:00p.m., New York City time, on December 15, 2011.  Other than the extension described in this announcement, all terms of the Exchange Offer remain unchanged.

As of close of business on December 14, 2011, $249.8 million in aggregate principal amount of the Original Notes have been validly tendered for exchange and not withdrawn.  The extension of the Exchange Offer has been made to allow those few holders of the outstanding Original Notes who have not yet tendered their Original Notes for exchange to do so.

This announcement does not constitute an offer to sell or buy any security or a solicitation of any offer to buy securities.  The Exchange Offer is made by means of a prospectus dated November 15, 2011, which has been filed with the U.S. Securities and Exchange Commission. 

About GFI Group Inc. GFI Group Inc. (NYSE: "GFIG") is a leading provider of wholesale brokerage services, clearing services, electronic execution and trading support products for global financial markets.

GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 2,000 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,600 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFISM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.

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 GFI Group Inc. (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; uncertainties relating to litigation and the Company's ability to assess and integrate acquisition prospects. 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.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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