BKF Capital Group Initiates Quarterly Dividend NEW YORK, March 18 /PRNewswire-FirstCall/ -- BKF Capital Group, Inc. has announced that it has a declared a quarterly dividend of $0.10 per share payable on April 20, 2004 to shareholders of record as of April 2, 2004. John A. Levin, Chairman and Chief Executive Officer of the company, stated: "the initiation of a quarterly dividend is part of our effort to enhance shareholder value, and we will be communicating more about these efforts in the materials to be provided to shareholders in advance of our annual shareholder meeting." BKF Capital Group trades on the New York Stock Exchange under the symbol "BKF" and operates primarily through its subsidiary John A. Levin & Co., Inc. Founded in 1982, John A. Levin & Co., Inc., is a New York-based investment management firm. As of December 31, 2003, the firm had $12.7 billion under management. Clients include U.S. and foreign individuals, their related trusts and charitable organizations, college endowments, foundations, registered investment funds, and pension and profit-sharing plans. DATASOURCE: BKF Capital Group, Inc. CONTACT: Norris Nissim, Vice President and General Counsel of BKF Capital Group, Inc., +1-212-332-8400

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