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FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that Thomas P. Curran, CFA has been hired by the Company to join its Energy team in Equity Research. Mr. Curran will cover the Oilfield Services, Equipment, & Drilling sector.

"FBR has been a strong voice in the energy arena and we are thrilled to have Tom augment our team," said David Hilal, Senior Managing Director and Director of Research at FBR. "Tom is a well respected analyst by institutional investors and we believe he will create terrific synergy with our existing team – with both our fundamental and our policy analysts. We look forward to him making significant contributions to our valued clients."

Most recently Mr. Curran served as Vice President in Equity Research at Wells Fargo Securities where he specialized in oilfield services, equipment, and drilling for ten years. Prior to that, he worked at Blaylock & Partners, LP and Citigroup. Mr. Curran earned a B.A. from the University of Pittsburgh. He will be based in the Company's New York office.  

FBR & Co. (Nasdaq:FBRC) 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 is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.

CONTACT: Investors: Bradley J. Wright
         at 703.312.9678 or bwright@fbr.com
         Media: Shannon Small
         at 703.469.1190 or ssmall@fbr.com