GFI chairman to receive Theodor Herzl award

Michael Gooch honored by Global Capital Associates

New York, June 6, 2007 ? Michael Gooch, chairman and CEO of GFI Group Inc. (Nasdaq: GFIG), has been honored by Global Capital Associates with its Theodor Herzl award. The award will be presented on June 25 during Global Capital Associates’ 18th International Networking and Awards Mission to Israel and Jordan.

Irwin Katsof, the President and CEO of Global Capital Associates said, “The Herzl award salutes people who had a vision to build new enterprises and movements and change existing paradigms; people with the courage to do something different. It symbolizes the importance of people and their value to society through enterprise.”

Mr Gooch said, “I am honored to receive this award and wish to thank all those who have assisted me along the way.”

Global Capital Associates arranges financing, finds strategic partners, promotes joint ventures, facilitate mergers and acquisitions and consults and advises on niche markets. Go to www.globalcapitalassociates.com for more.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 1,500 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Englewood (NJ), and Sugar Land (TX). GFI provides services and products to over 2,000 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI™, Starsupply?, GFInet?, CreditMatch?, FENICS? and Amerex?.

Forward-looking statement

Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “might,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: economic, political and market factors affecting trading volumes; securities prices or demand for the Company’s brokerage services; competition from current and new competitors; the Company’s ability to attract and retain key personnel, including highly-qualified brokerage personnel; the Company’s ability to identify and develop new products and markets; changes in laws and regulations governing the Company’s business and operations or permissible activities; the Company’s ability to manage its international operations; financial difficulties experienced by the Company’s customers or key participants in the markets in which the Company focuses its brokerage services; the Company’s ability to keep up with technological changes; and uncertainties relating to litigation. Further information about factors that could affect the Company’s financial and other results is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Alan Bright
PR Manager
GFI Group Inc.
+ 44 (0)20 7877 8049
alan.bright@gfigroup.co.uk