BKF Capital Group, Inc. and Opportunity Partners L.P. Announce Settlement NEW YORK, April 29 /PRNewswire/ -- BKF Capital Group, Inc. and Opportunity Partners L.P. announced today that they have reached a settlement relating to a shareholder proposal submitted by Opportunity Partners. In response to Opportunity Partners' proposal, BKF reaffirmed its commitment to enhancing shareholder value. BKF indicated that it is committed to increasing profits through a program focused on the continued development of current investment products, the maintenance and development of the infrastructure required for managed growth and the recruitment and development of complementary investment capabilities. In connection with the settlement, BKF has also agreed to pay the legal costs incurred by Opportunity Partners in connection with its claim. Separately, Mr. Phillip Goldstein, President of Kimball & Winthrop, Inc., the general partner of Opportunity Partners, announced that Opportunity Partners would be voting this year in accordance with the recommendations of the Board of Directors on the matters to be presented at BKF's annual meeting of stockholders. This press release contains certain statements that are not historical facts, including, most importantly, information concerning possible or assumed future results of operations of BKF and statements preceded by, followed by or that include the words "may," "believes," "expects," "anticipates," or the negation thereof, or similar expressions, which constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). For those statements, BKF claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are based on BKF's current expectations and are susceptible to a number of risks, uncertainties and other factors, and BKF's actual results, performance and achievements may differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include the following: retention and ability of qualified personnel; the performance of the securities markets and of value stocks in particular; the investment performance of client accounts; the retention of significant client and/or distribution relationships; competition; the existence or absence of adverse publicity; changes in business strategy; quality of management; availability, terms and deployment of capital; business abilities and judgment of personnel; labor and employee benefit costs; changes in, or failure to comply with, government regulations; the costs and other effects of legal and administrative proceedings; and other risks and uncertainties referred to in this document and in BKF's other current and periodic filings with the Securities and Exchange Commission, all of which are difficult or impossible to predict accurately and many of which are beyond BKF's control. BKF will not undertake and specifically declines any obligation to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. In addition, it is BKF's policy generally not to make any specific projections as to future earnings, and BKF does not endorse any projections regarding future performance that may be made by third parties. DATASOURCE: BKF Capital Group, Inc. CONTACT: Norris Nissim, Vice President and General Counsel of BKF Capital Group, Inc., +1-212-332-8400

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