JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared cash distributions of $0.03 per share for the months of April, May and June 2016. In total, the three monthly distributions equal $0.09 per share for the second quarter of the year.

The April distribution is payable on May 13, 2016, to shareholders of record as of April 29, 2016. The May distribution is payable on June 15, 2016, to shareholders of record as of May 31, 2016. The June distribution is payable on July 15, 2016, to shareholders of record as of June 30, 2016.

In addition, the board of directors has increased the company’s share repurchase authorization by 745,981 common shares. As a result, as of the close of the market on April 18, 2016, a total of 1,500,000 common shares were eligible for repurchase through December 31, 2016.

About JMP Group

JMP Group LLC is an investment banking and asset management firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities; its hedge fund and other investment activities though Harvest Capital Strategies; the underwriting and management of investments in senior secured debt through JMP Credit Advisors; and the management of Harvest Capital Credit Corporation (NASDAQ: HCAP), a business development company that finances small and midsized businesses, through HCAP Advisors. For more information, visit www.jmpg.com.

Investor Relations ContactJMP Group LLCAndrew Palmer, 415-835-8978apalmer@jmpg.comorMedia Relations ContactsDukas Linden Public RelationsSeth Linden, 212-704-7385seth@dukaspr.comBen Jaffe, 212-704-7385ben@dlpr.com

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