Introduction

6/27/2003


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Table of Contents

PPT Slide

PPT Slide

Introduction

Business Units

Investment Banking 2002 Transactions: 76 Total; 28 Lead and Sole Managed 2002

Investment Banking 2002 Rankings by Dollar Amount Raised in Public Offerings

Investment Banking FBR Ranks #1 in Aftermarket Performance

Sales & Trading Growth

Asset Management Growth

FBR MBS and Principal Investments

PPT Slide

PPT Slide

Funding Strategy

Access to Capital Drives Investment Banking Growth

Selected Comparables

Independent Broker-Dealer Business Mix

First Quarter 2003 Results

FBR Group Common Shares

Investment Highlights

Author: FBR Staff