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Gleacher & Company, Inc. to Announce Fourth Quarter Earnings and Conference Call a" February 11, 2011

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NEW YORK--([ BUSINESS WIRE ])--Gleacher & Company, Inc. (Nasdaq: GLCH) will release its Fourth Quarter earnings results before the market opening on Friday, February 11, 2011. Management will hold a conference call at 10:00 A.M. (EST) on February 11, 2011 to discuss these results. To participate in this call, please dial 888.680.0878 (domestic) or 617.213.4855 (international), participant passcode 50379834, or request the Gleacher & Company earnings call. A recording of the call will be available for seven days following the call by dialing 888.286.8010 (domestic) or 617.801.6888 (international), participant passcode 34521681.

This event can be accessed on the Investor Relations portion of the Gleacher & Company website at [ www.gleacher.com ], as well as through the Thomson StreetEvents Network. Individual investors can listen to the call at [ www.earnings.com ], Thomsona�s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents ([ www.streetevents.com ]), a password-protected event management site.

About Gleacher & Company

Gleacher & Company, Inc. (Nasdaq: GLCH) is an independent, full service investment bank that provides corporate and institutional clients with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as securities brokerage services, and, through a new subsidiary, engages in residential mortgage lending. For more information, please visit [ www.gleacher.com ].

Forward Looking Statements

This press release contains aforward-looking statements.a These statements are not historical facts but instead represent the Companya�s belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Companya�s forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and acceptance of the Companya�s services within those markets and other risks and factors identified from time to time in the Companya�s filings with the Securities and Exchange Commission. It is possible that the Companya�s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements.