Rodman & Renshaw Capital Group, Inc (NASDAQ: RODM - News), today announced that it will release financial results for the quarter ended June 30, 2008 at 8:00 AM Eastern on Tuesday, August 12, 2008. The Company will hold a conference call to discuss the results at 10:00 AM Eastern on Tuesday, August 12, 2008, which will be hosted by Michael Lacovara and David Horin, Rodman & Renshaw Capital Group’s Chief Executive Officer and Chief Financial Officer, respectively.

Investors can participate in the conference call by dialing (888)-713-4214 (domestic) or (617)-213-4866 (international). The passcode for the call is 45608124. Participants may pre-register at: www.theconferencingservice.com/prereg/key.process?key=PXDMDFFPV. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.

The conference will be replayed in its entirety beginning at 12:00 PM on August 12, 2008, through to 11:59 PM on August 19, 2008. If you wish to listen to the replay of this conference call, please dial (888)-286-8010 (domestic) or (617)-801-6888 (international) and enter passcode 11393682.

The call is being webcast by Thomson/CCBN and can be accessed through the Rodman & Renshaw Capital Group, Inc. website at www.rodmanandrenshaw.com as well as the Thomson/CCBN link: http://phx.corporate-ir.net/ phoenix.zhtml?p=irol-eventDetails&c=122722&eventID=1905305. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

>About Rodman & Renshaw Capital Group, Inc.

Rodman & Renshaw Capital Group, Inc. is a holding company with a number of direct and indirect subsidiaries, including Rodman & Renshaw, LLC, Rodman Principal Investments, LLC and Miller Mathis & Co., LLC.

Rodman & Renshaw, LLC is a full service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies, along with research and sales and trading services to investor clients that focus on such companies. Rodman is a leading investment banking firm with particular emphasis on “essential” industries with significant capital needs, including health care (especially life science), energy (especially upstream oil and gas), ferrous and non-ferrous metals, shipping, and natural resources, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.

MEMBER FINRA, SIPC