FBR to Host 2006 Growth Conference in New York on May 31st and June 1st
More Than 140 Technology, Media and Telecommunications and Healthcare Firms Scheduled to Present
PRNewswire - First Call via COMTEX
Arlington, Virginia

ARLINGTON, Va., May 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) today announced that it will host its 2006 Growth Conference in midtown Manhattan on Wednesday, May 31st and Thursday, June 1st, 2006. Companies scheduled to present to investors include nearly 140 leading growth companies, primarily from the technology, media and telecommunications and healthcare sectors. The conference will be held at the Grand Hyatt New York Hotel, located at Grand Central Station.

Company presentations will be webcast, and can be accessed at FBR's website, http://www.fbr.com. Complete lists of the companies scheduled to make presentations, along with the full conference schedule, are also available at that site.

Attendance at the conference is by invitation only. Investors should contact their FBR representative for more information.

Members of the press are welcome and should contact Lauren Burk at 703-469-1004 or lburk@fbr.com for credentials.

This conference is sponsored by Friedman, Billings, Ramsey & Co., Inc., a subsidiary of Friedman, Billings, Ramsey Group, Inc.

Friedman, Billings, Ramsey Group, Inc. provides investment banking*, institutional brokerage*, asset management, and private wealth through its operating subsidiaries and invests in mortgage-related assets and merchant banking opportunities. FBR focuses capital and financial expertise on eight industry sectors: consumer, diversified industrials, energy and natural resources, financial services, healthcare, insurance, real estate, and technology, media and telecommunications. FBR is headquartered in the Washington, D.C. metropolitan area with offices in Arlington, Va., Boston, Dallas, Denver, Houston, Irvine, London, New York, Phoenix and San Francisco. Friedman, Billings, Ramsey Group, Inc. is the parent company of First NLC Financial Services, Inc., a non-conforming residential mortgage originator headquartered in Deerfield Beach, Florida. For more information, visit http://www.fbr.com.

*Friedman, Billings, Ramsey & Co., Inc.

SOURCE Friedman, Billings, Ramsey Group, Inc.

For further information: Lauren Burk of Friedman, Billings, Ramsey Group, Inc., +1-703-469-1004, lburk@fbr.com http://www.prnewswire.com