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Contact:
Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


FOR IMMEDIATE RELEASE

PFGBEST Forex Division Taps Bruce Pollack as Vice President

CHICAGO, April 14, 2009: PFGBEST today announced that Bruce Pollack is promoted to Vice President of the PFGBEST Forex Division. He joined the company in September 2007 as Global Forex Director.

"Forex is the fastest–growing of our market sectors," said PFGBEST President and COO Russ Wasendorf, Jr. "Bruce is a strategic business development professional with impeccable credentials. He has been a force in creating deep trading liquidity for numerous currency pairs, and developing technology efficiency to process billions in our daily forex volume. Bruce also has been instrumental in building international bank relationships and trading lines."

Prior to joining PFGBEST, Mr. Pollack was director of strategic business development and a member of the Advisory Board of Greeneye. From 2003 to 2005 he was SVP at R.J. O’Brien & Associates where he ran their FX division, managed sales and the 24–hour market–making desk, spearheaded their entry into online FX trading and led the creation of their first forex fund.

Mr. Pollack started his career in 1975 with Lind–Waldock and Co. in trading floor services, later becoming floor manager, back office manager, then purchasing his own seat on the Chicago Mercantile Exchange in 1980 and registering with the NFA that year. He was an active trader on the CME floor for 20 years, returning to join Lind–Waldock and Co. in 1998. Lind–Waldock was acquired by Refco in 2000, where Mr. Pollack helped consolidate global operations into a new Chicago facility while helping that firm accommodate greater capacity with cost efficiency. Then, as executive vice president in charge of global sales, his focus turned to developing and marketing forex products including electronic platforms that proved to be extremely profitable as FX volumes grew massively during the period.

As the head of the PFGBEST Forex Division Mr. Pollack will stress the PFGBEST business model, building the BEST products and distribution channels for those products.

About PFGBEST:

PFGBEST is the second–largest non–clearing U.S. FCM, with customers, affiliates and brokerage offices in more than 80 countries. It offers a range of trading and investor products and services for retail investors as well as for commercial and institutional clients. The company is a leader in sustainable investing through diversified products including managed funds, futures, forex, options, full–service and discount brokerage, trader education, research, and direct online trading through its BESTDirect™ platform, and numerous other platforms and applications. Please visit www.pfgbest.com.