BGC Partners Reports First Quarter 2008 Preliminary Results.(Financial report)

Combined Company Provides 2Q2008 Outlook Including Better Long-term Tax Rate; Institutes New Dividend Policy that it Expects will Result in an Annual Dividend per Share of at Least 60 Cents for the 12 Months Ended March 31, 2009

NEW YORK -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or the "Combined Company"), a leading global inter-dealer broker of financial instruments, today reported results for the first quarter ended March 31, 2008.

The merger of BGC Partners, LLC with and into eSpeed, Inc. to form BGC Partners, Inc. closed on April 1, 2008. Correspondingly, the Combined Company's Form 10-Q for the first quarter of 2008 will contain financial results for ...

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