Press Release

COHEN & COMPANY HIRES JON DEVIRIAN TO FOCUS ON COMMERCIAL MORTGAGE BACKED SECURITIES TRADING

Philadelphia, PA and New York, NY – March 30, 2009 – Jon Devirian has joined Cohen & Company to specialize in Commercial Mortgage Backed Securities Trading. Prior to joining Cohen & Company, Jon spent the previous six years of his career with Merrill Lynch where his primary responsibility was trading the firm’s multi-billion dollar CMBS cash book. Jon will be based in Cohen & Company’s New York office.

About Cohen & Company
Cohen & Company is an investment firm specializing in credit related fixed income investments. Through Cohen & Company Securities, LLC, the company also provides institutional broker-dealer services focused on debt securities. With offices in Philadelphia, New York, Chicago, Los Angeles, Washington DC, Paris, London and Tokyo, Cohen & Company serves a diverse international network of institutional and individual clients. For more information about Cohen & Company, we encourage you to visit www.cohenandcompany.com.

Media Inquiries Joseph Kuo Kekst and Company 212-521-4863 joe-kuo@kekst.com