Press Release

Release No. 0807-09
August 14, 2007

JOHN KELLEY JOINS
RAYMOND JAMES INVESTMENT BANKING
AS MANAGING DIRECTOR OF
TECHNOLOGY & COMMUNICATIONS GROUP

PALO ALTO, Calif. – John Kelley recently joined the Raymond James Technology & Communications Investment Banking Group as a managing director in the firm’s Palo Alto office, according to Jeffrey Trocin, head of Equity Capital Markets.

“We are delighted to welcome John to the firm,” said Trocin. “His extensive software industry knowledge and relationships will be a tremendous asset to our team as we further build our technology and communications franchise.”

Prior to joining Raymond James, Kelley spent eight years with Banc of America Securities, most recently as the head of Application Software in investment banking. He also brings prior experience with CIBC, BZW/Barclays and Arthur Andersen.

John is a graduate of Pennsylvania State University and earned his MBA from New York University.
About Raymond James & Associates

Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, which has built a national reputation during the past 43 years as a leader in financial planning for individuals, corporations and municipalities, is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a financial services holding company. Through its three broker/dealer subsidiaries, Raymond James Financial has more than 4,640 financial advisors serving 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $207 billion, of which approximately $36.1 billion are managed by the firm’s asset management subsidiaries.

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For more information, contact Anthea Penrose at 727-567-2824.
Please visit the Raymond James Press Center at raymondjames.com/media.