GMP Securities, LLC In The News

MTR Securities Hires Director and Vice President of Institutional Equity Trading

For Immediate Release

March 22, 2006

New York, NY - Miller Tabak Roberts Securities, LLC ("MTR") announced today the hiring of Bill Murphy as director of institutional equity sales and trading and the hiring of Anthony Mazzurco as vice president of institutional equity sales and trading. Mr. Murphy will head the Equity Capital Markets Group and will be responsible for the firm's expansion in the trading of distressed and reorganized equity securities.

With the addition of Mr. Murphy, MTR will commence trading distressed equity securities through its new Equity Capital Markets Group. Adding to MTR's strong foundation in the secondary trading of high-yield, distressed and illiquid debt issues, the Equity Group will support the diversification of MTR's client base into other investment categories.

"Having focused over the past few years on driving the growth of the high-yield distressed, and illiquid debt issues, we are now devoting greater attention to expanding MTR's equity sales and trading effort," said Adam Margulies, Managing Director. Mr. Murphy has outstanding experience and relationships on Wall Street and represents a key hire for the company.

"I am very excited to join MTR's thriving platform as the firm enhances its focus on equity sales and trading," said Mr. Murphy. "The significant order flow and broad relationships of MTR's trading business should allow me to develop an increasing array of market-leading services for our clients."

Mr. Murphy has more than a decade of financial and investment experience. Prior to joining MTR, Mr. Murphy worked for Guggenheim Capital Markets as the head of the U.S. Equity Trading desk. He will be based in New York at MTR's headquarters.

Anthony Mazzurco joins Miller Tabak Roberts from Bear Stearns, where he was a vice president, making markets in pink sheet and bulletin board stocks.

"We believe Mr. Mazzurco will be instrumental in expanding the reach of our trading in the pink sheets and bulletin board stocks to the institutional community," says Director Bill Murphy. Mr. Mazzurco will also be based in New York.

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