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Cowen Group, Inc. to Announce First Quarter 2009 Financial Results

NEW YORK, May 4, 2009 /PRNewswire-FirstCall via COMTEX/ — Cowen Group, Inc. (Nasdaq: COWN) today announced that it intends to release its first quarter 2009 financial results on May 7, 2009. At that time, the Company will issue a press release before the market opens.

Management holds conference calls to discuss the Company’s six-month and full-year results. Stockholders and industry analysts are encouraged to contact the Company directly regarding general information requests or specific questions about the Company’s financial results. General information requests should be directed to the Company’s Director of Communications, Jean Calleja, at (646) 562-1880. Questions regarding the Company’s financial results should be directed to the Company’s Chief Financial Officer, Tom Conner, at (646) 562-1719.

About Cowen Group, Inc.

Cowen Group, Inc., through its operating subsidiaries, provides investment banking, equity research, sales and trading, alternative asset management services to companies and institutional investor clients in the healthcare, technology, telecommunications, aerospace and defense, consumer and alternative energy sectors. Our investment banking business includes Cowen Latitude Asia, a boutique specializing in crossborder M&A and capital raising transactions.

SOURCE Cowen Group, Inc.