GFI Group's Michel Everaert steps down

GFI Group (NASDAQ:GFIG) announced today the departure of Michel Everaert, who will leave GFI effective June 30, 2007.

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Mr. Everaert joined GFI in 2000 as Global Head of Product Marketing and served as Chief Information Officer - eCommerce since 2005. Mr. Everaert has informed GFI that he intends to pursue new opportunities in the development and growth of financial technology businesses that are not competitive with GFI's business. GFI does not plan to name a successor to Mr. Everaert at this time and his current duties will be assumed by several executives at the firm. GFI would like to thank Mr. Everaert for his contributions to the firm and wishes him the best in his future endeavors.

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