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SWS Group Sells 4.347 Million Common Shares

December 10, 2009 (FinancialWire) — SWS Group, Inc. (NYSE: SWS) has closed a public offering of 4,347,827 shares of SWS common stock at a price of $11.50 per share. SWS has granted the underwriters a 30-day option to purchase up to 652,174 additional shares to cover over-allotments, if any.

BofA Merrill Lynch (NYSE: BAC) acted as the sole book-running manager.

The net proceeds, after deducting underwriting discounts and commissions, are approximately $47.4 million. SWS plans to use the proceeds for general corporate purposes and to support continued growth or selective opportunistic acquisitions.

Dallas-based SWS Group offers a range of investment and financial services through its subsidiaries.

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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279). Recently issued reports and/or recorded webcasts include Aria International Holdings, Inc. (OTCBB: ARAH), Continental Materials Corp. (AMEX: CUO), Darling International, Inc. (NYSE: DAR), Document Security Systems, Inc. (AMEX: DMC), and Juhl Wind, Inc. (OTCBB: JUHL).

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