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Cohen & Company Announces New Hires in Mortgage Sales and Trading and Corporate Sales

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Press Release

COHEN & COMPANY SECURITIES ANNOUNCES NEW HIRES IN MORTGAGE SALES AND TRADING AND CORPORATE SALES

Philadelphia, PA and New York, NY – August 24, 2009 – Cohen & Company Securities, LLC (“Cohen & Company Securities”), Cohen & Company’s registered broker-dealer, is pleased to announce several new hires in its Institutional Sales and Trading business.

Kevin Heal has joined Cohen & Company Securities as a Managing Director in mortgage sales. Kevin will have coverage responsibility for the regional dealer community and a few key institutional accounts. Kevin comes to Cohen & Company Securities from Deutsche Bank, where he was the senior regional dealer coverage specialist, Freddie Mac, where he held the same position, and BNP Paribas, where he covered the regional dealer community and was manager of the mortgage sales team.

Mike Mantyla has joined Cohen & Company Securities as a Director in the Agency Mortgage Securities Trading group. Mike will report to the head of Agency Mortgage Trading, Peter Incledon, and will focus on the trading of Agency Specified Pools and Agency Hybrid ARM securities. Prior to joining Cohen & Company Securities, Mike spent several years in the agency mortgage market both structuring and trading Agency specified pools and pass-through’s for Piper Jaffray and Jefferies.

Jim Jospe has joined Cohen & Company Securities as a Managing Director in corporate bond sales. Jim will have coverage responsibility for a number of large institutional corporate bond buyers. Jim comes to Cohen & Company Securities from senior corporate bond sales positions first at Deutsche Bank and then BNP Paribas. Jim was also the corporate bond sales manager at BNP Paribas.

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, Washington D.C., San Francisco, Boston, 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

General Information
Cira Center
2929 Arch Street, Suite 1703
Philadelphia, PA 19104-2870

All Media and Press
Investor Relations
215.701.9555
investorrelations@cohenandcompany.com

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