FBR Group to Report Second Quarter 2008 Results
Investors Able to Access Conference Call on Web Thursday, July 24, 2008
PRNewswire - First Call via COMTEX
Arlington, Virginia
NYSE: FBR

ARLINGTON, Va., July 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) today announced that the company will release results for the second quarter of 2008 before the market opens on Thursday, July 24, 2008.

Investors wishing to listen to the earnings conference call at 9:00 A.M. U.S. EDT, Thursday, July 24, 2008, may do so via the Web at: http://phx.corporate-ir.net/phoenix.zhtml?c=71352&p=irol-irhome .

Replays of the webcast will be available after the call.

Friedman, Billings, Ramsey Group, Inc. (FBR) invests in mortgage-related assets, merchant banking opportunities and is the majority owner of FBR Capital Market Corporation, a separate publicly traded company. FBR is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.fbr.com.

Statements concerning future performance, developments, events, market forecasts, revenues, expenses, earnings, run rates and any other guidance on present or future periods, constitute forward-looking statements that are subject to a number of factors, risks and uncertainties that might cause actual results to differ materially from stated expectations or current circumstances. These factors include, but are not limited to, the effect of demand for public offerings, activity in the secondary securities markets, interest rates, costs of borrowing, interest spreads, mortgage pre-payment speeds, risks associated with merchant banking investments, the realization of gains and losses on principal investments, available technologies, competition for business and personnel, and general economic, political and market conditions. These and other risks are described in the company's Annual Report and Form 10-K and quarterly reports on Form 10-Q that are available from the company and from the SEC.

SOURCE Friedman, Billings, Ramsey Group, Inc.

For further information: Media +1-703-469-1004 media@fbr.com Investors Paul Beattie +1-703-312-9673 pbeattie@fbr.com