First Albany Companies Inc. Announces Fourth Quarter Earnings Conference Call - March 14, 2006

Business Wire, March 3, 2006

ALBANY, N.Y. -- First Albany Companies Inc. (NASDAQ:FACT) will release fourth quarter results before market opening on Tuesday, March 14, 2006. Management will then discuss the results on a conference call at 10:00 A.M., EST. To participate on the call, please dial 800.362.0571 and request the First Albany earnings call. A recording of the call will be available for 7 days by dialing 800.283.7928.

This event will be Webcast and can be accessed on the Investor Relations portion of the First Albany Companies website at www.firstalbany.com, as well as being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.

About First Albany

Founded in 1953, First Albany is a leading institutionally focused independent investment bank that serves the institutional market, the growing corporate middle market and public institutions by providing clients with strategic, research-based, innovative investment opportunities. First Albany offers a diverse range of products through its Equities division, Fixed Income division and Venture Capital division, FA Technology Ventures Inc. First Albany is traded on NASDAQ under the symbol FACT with offices in major business and commercial markets.