Earnings Call Rescheduled From 9:00 AM to 5:00 PM on
                   Wednesday, February 10, 2010

ARLINGTON, Va., Feb. 8, 2010 (GLOBE NEWSWIRE) -- FBR Capital Markets
Corporation (Nasdaq:FBCM) (FBR Capital Markets), a leading investment
bank serving the middle market, announced today that it has rescheduled
its fourth quarter and full year 2009 earnings call due to the Winter
Storm Warning issued today by the National Weather Service for the
Washington, D.C. metropolitan area. The earnings call -- originally
scheduled for 9:00 A.M. U.S. EST, Wednesday, February 10, 2010 -- will
now take place at 5:00 P.M. U.S. EST, Wednesday, February 10, 2010.

Investors wishing to listen to the earnings call may do so via the Web
or conference call at:

Webcast link:

http://investor.shareholder.com/media/eventdetail.cfm?eventid=76559&Com
panyID=FBCM&e=1&mediaKey=A638ADF35B185A230531194DBE6AEB85

Conference call dial-in number (domestic, toll-free): 888.477.8284

Conference call dial-in number (international): 201.604.5059

Conference call code: 222230

Replays of the webcast will be available after the call.

FBR Capital Markets Corporation (Nasdaq:FBCM) provides investment
banking, merger and acquisition advisory, institutional brokerage,
prime brokerage and research services through its subsidiary FBR
Capital Markets & Co. FBR Capital Markets focuses capital and financial
expertise on seven industry sectors: consumer; diversified industrials;
energy & natural resources; financial institutions; insurance; real
estate; and technology, media & telecom. Asset management services are
provided by FBR Investment Management, Inc., and mutual funds are
provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of
FBR Capital Markets Corporation. FBR Capital Markets is headquartered
in the Washington, D.C. metropolitan area with offices throughout the
United States and in London. For more information, please visit
www.fbrcapitalmarkets.com.

The FBR Capital Markets Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6405

Statements in this release concerning future performance, developments,
events, market forecasts, revenues, expenses, earnings, run rates and
any other guidance on present or future periods, constitute
forward-looking statements that are subject to a number of factors,
risks and uncertainties that might cause actual results to differ
materially from stated expectations or current circumstances. These
factors include, but are not limited to, the effect of demand for
public offerings, activity in the secondary securities markets,
interest rates, costs of borrowing, interest spreads, mortgage
pre-payment speeds, risks associated with merchant banking investments,
the realization of gains and losses on principal investments, available
technologies, competition for business and personnel, and general
economic, political and market conditions. For a discussion of these
and other risks and important factors that could affect our future
results and financial condition, see "Risk Factors" in Part I, Item 1A
of our Annual Report on Form 10-K for the fiscal year ended December
31, 2008 and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in Part II, Item 7 of the our
Annual Report on Form 10-K for the fiscal year ended December 31, 2008.


CONTACT:  FBR Capital Markets Corporation
          Media:
          Troy D. Gravitt
            703.469.1004
            tgravitt@fbr.com   
          Investors:
          Bradley J. Wright
            703.469.1080
            fbcmir@fbr.com