BGC Partners Initiates Dividend Reinvestment and Stock Purchase Plan

BGC Partners, Inc. BGCP today announced the initiation of a Dividend Reinvestment and Stock Purchase Plan. The Company believes that the Plan provides existing and potential investors a convenient and cost-effective method to purchase shares of BGC's Class A common stock. Those purchasing under the Plan may be eligible to do so free of fees or commissions and may also receive a discount of up to three percent from the relevant market price of the stock, depending on the circumstances. Under the Plan, current BGC stockholders can purchase shares by reinvesting the cash dividends paid on all or a portion of their shares of common stock in additional shares of BGC's Class A common stock. Current BGC stockholders may also purchase additional shares of BGC's Class A common stock through optional cash purchases of not less than $100 per month and not more than $10,000 per month (except in cases covered by approved requests for waiver, which are discussed under "Description of the Plan" in the Plan Prospectus accessible through the webpage link below.). Persons who are not currently BGC stockholders may make initial cash purchases of not less than $500 and not more than $10,000 (except in cases covered by approved requests for waiver) to purchase shares of BGC's Class A common stock under the Plan. American Stock Transfer & Trust Company, LLC administers the Plan.