GFI group Inc.(fka GFIG)

[Drub Howlety]

DRUB HOWLETY INC. INVESTMENT GROuP BEGINS MONITORING OF GFI GROUP

Reno, Nevada (M2 Presswire June 22, 2010)-- Drub Howlety Inc., a private investment group, today issued the following excerpts from the securities it is following. Today, DHI is monitoring GFI Group, Inc. (NASDAQ: GFIG).

GFI Group, Inc. shocked the trading industry when it announced it agreed to purchase the Kyte Group Limited and Kyte Capital Management, a company that provides clearing, broking, settlement, and back-office services to proprietary traders, brokers, market makers, and hedge funds. GFI said it expects to pay approximately over $56 million, subject to the adjustments described below, to acquire a 70% equity ownership interest in Kyte. GFI anticipates the transaction will be accretive to non-GAAP earnings in the calendar year of 2010.

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