Rodman & Renshaw Capital Group, Inc. to Release Third Quarter 2009 Financial Results on October 22, 2009

Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) today announced that it will report its financial results for the third quarter, ended September 30, 2009, the morning of Thursday, October 22, 2009.

In conjunction with the earnings release, Rodman & Renshaw senior management will host a conference call at 10:00 AM Eastern Time, hosted by Mr. Edward Rubin, Chief Executive Officer and Mr. David Horin, Chief Financial Officer. Investors and analysts can participate in the conference call by dialing 1-877-407-8031 (United States) or 1-201-689-8031 (International).

The conference will be replayed in its entirety beginning at approximately 1:00 PM Eastern Time on October 22, 2009, through to 11:59 PM Eastern Time on October 29, 2009. If you wish to listen to the replay of this conference call, please dial 1-877-660-6853 (United States) or 1-201-612-7415 (International) and use Account #286, Conference #335225.

The conference call will also be simultaneously broadcast live over the Internet, as well as for replay, and can be accessed through the webcasts and presentations tab of the investor relations section of the Rodman & Renshaw Capital Group, Inc. website located at www.rodm.com. Please allow for some time following the completion of the conference call to access the archive of the Web cast.

Allow for time prior to the conference call Webcast to visit the web site and download the streaming media software required to listen to the Internet broadcast.

About Rodman & Renshaw Capital Group, Inc.

Rodman & Renshaw (NASDAQ: RODM) is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. The company also provides research and sales and trading services to institutional investors. Rodman is the leader in the PIPE (private investment in public equity) and RD (registered direct offering) transaction markets. Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005 and 2009 year-to-date. For more information visit Rodman & Renshaw on the Internet at www.rodm.com.

MEMBER FINRA, SIPC

SOURCE: Rodman & Renshaw Capital Group, Inc.

Rodman & Renshaw Investor Relations 
Grayling 
Mr. Christopher Chu, 1-646-284-9400 (ext. 426) 
Rodman@us.grayling.com

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