LaBranche & Co Inc. to Present at Salomon Smith Barney Electronic Financial Services Conference.

LaBranche & Co Inc. announced today that Michael LaBranche, Chairman and Chief Executive Officer will be presenting at the Salomon Smith Barney Electronic Financial Services Conference on Wednesday, November 6, 2002 from 11:30AM to 11:55 AM (Eastern Time) in New York City, New York.

The presentation will be broadcast live over the Internet and can be accessed via the Company's web site located at http://www.labranche.com/.

Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the Internet broadcast.

Founded in 1924, LaBranche is a leading Specialist firm. The Company is the Specialist for more than 650 companies, nine of which are in the Dow Jones Industrial Average, 30 of which are in the S&P 100 Index and 102 of which are in the S&P 500 Index. In addition, LaBranche acts as the Specialist in over 120 options.

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CONTACT: Larry Prendergast, Executive Vice President of Finance, or Harvey S. Traison, Senior Vice President & Chief Financial Officer, both of LaBranche & Co Inc., +1-212-425-1144; Investors - Michael Polyviou, or Lanie Fladell; Media - Scot Hoffman, +1-212-850-5600, all of FD Morgen-Walke for LaBranche & Co Inc.