New head of sales for GFI in New York

New York, May 31st 2005 - GFI Group Inc. (GFIG on NASDAQ) today announced that it has appointed Peter Vitale as North American head of sales for Data and Analytics. Mr Vitale will report to Scott Fitzpatrick, GFI's global head of sales for Data and Analytics.

"Our strategy around solution selling to global derivatives players is well suited to Peter's skill set," said Mr Fitzpatrick. "A crucial part of selling solutions like FENICS dealFX is credibility during the sales process, and that is what we have in a person like Peter."

Mr Vitale said, "With the success of the recent IPO, and GFI's strategy for leveraging the knowledge we have in the global derivative markets into world class technology to serve those markets makes GFI an exciting place to be right now and I'm pleased to be a part of it."

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