FBR & Co. Announces New NASDAQ Ticker FBRC Effective Monday, August 1, 2011

FBR & Co. (Nasdaq:FBCM) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that its common stock will begin trading under the ticker FBRC as of August 1, 2011. Trading of the Company's stock will not be interrupted and the stock history will seamlessly reflect the Company's prior results. This change in the ticker symbol aligns more closely with the recent shareholder approved name change from FBR Capital Markets Corporation to FBR & Co.

FBR & Co. (Nasdaq:FBCM) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom. FBR Fund Advisers, Inc., a subsidiary of FBR, provides clients with a range of investment choices through The FBR Funds, a family of mutual funds. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London. For more information, please visit www.fbr.com.

The FBR & Co. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6405

CONTACT: Media:
         Shannon Small
         703.469.1190
         [e-mail]
         
         Investors:
         Bradley J. Wright
         703.469.1080
         [e-mail]