TNF Tailwind Financial

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Share Name	Share Symbol	Market	Type
Tailwind Financial	AMEX:TNF	AMEX	Ordinary Share

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
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Tailwind Financial Inc. Announces Termination of Letter of Intent

28/10/2008 4:47pm

PR Newswire (US)

Tailwind Financial (AMEX:TNF)
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TORONTO and NEW YORK, Oct. 28 /PRNewswire-FirstCall/ -- Tailwind Financial Inc. ("Tailwind") (Amex: TNF; TNF.U; TNF.WS), a special purpose acquisition company, today announced that the previously-announced letter of intent signed between Tailwind and GrandUnion Inc. on August 26, 2008 has terminated in accordance with its terms effective October 25, 2008. About Tailwind Tailwind was incorporated in Delaware on June 30, 2006 as a special purpose acquisition company whose objective is to acquire, through a purchase, asset acquisition, or other business combination, one or more operating businesses. Tailwind completed its initial public offering on April 17, 2007. DATASOURCE: Tailwind Financial Inc. CONTACT: Andrew A. McKay, Chief Executive Officer of Tailwind Financial, Inc., +1-416-601-2422 or fax, +1-416-601-2423,