GFI Says No Lehman Exposure

GFI Group Inc. (NASDAQ:GFIG) stated today that it believes that it has no material exposure to Lehman Brothers. GFI is an inter-dealer broker specializing in over-the-counter derivatives products and related securities.

GFI Terminates Tullet Prebon Discussions

GFI Group Inc. has terminated its discussions with Tullett Prebon plc regarding a possible business combination because the two companies failed to reach acceptable economic terms for a transaction.

GFI noted that it will continue to pursue its strategy of technology enabled brokerage and other services in OTC derivative and cash markets and to focus on delivering value to its shareholders.

GFI Group

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, trading platform and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.