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Rosemarie Morbelli, CFA Joins Gabelli Research Team

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^{Published in Business and Finance on Tuesday, February 22nd 2011 at 6:10 GMT by Market Wire}  

RYE, N.Y.--([ BUSINESS WIRE ])--GAMCO Investors, Inc. (NYSE: GBL) announced today that veteran analyst Rosemarie J. Morbelli, CFA has joined Gabelli & Company, Inc., the firma™s institutional brokerage business. She will assume research coverage of the specialty chemical industry.

"We are delighted that Rosemarie will be joining our research team. Her experience as a leading sell-side analyst has been recognized over the years by the institutional community, and will further enhance our competitive edge in providing insightful research ideas by focusing on the specialty chemical group."

Commenting on Ms. Morbellia™s appointment, Daniel M. Miller, Head of Institutional Equities at Gabelli & Company, said, "We are delighted that Rosemarie will be joining our research team. Her experience as a leading sell-side analyst has been recognized over the years by the institutional community, and will further enhance our competitive edge in providing insightful research ideas by focusing on the specialty chemical group."

Ms. Morbelli spent nearly 30 years with Ingalls & Snyder, where she was named aBest on the Streeta and the aBest of the Boutique and Regionalsa by Institutional Investor. She is a member of the New York Society of Security Analysts and has served as the President and Treasurer of the Chemical Specialists Group. In addition, Ms. Morbelli is a member of the Societe de Chimie Industrielle.

Ms. Morbelli is a graduate of the University of Grenoble, France with a Bachelor Degree in Natural Sciences.

GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Investment Partnerships) and is known for its Private Market Value with a Catalysta" style of investment. As of December 31, 2010, GAMCO Investors, Inc. had $32.5 billion in assets under management.