Thomas Weisel Partners Group, Inc. Announces Management Changes for PCD/Asset Management and Institutional Sales

SAN FRANCISCO, CA (TSX: TWP), an investment bank focused on the growth sectors of the economy, today announced that Paul Slivon, former Head of Institutional Sales, will now be heading up the Private Client Department, with approximately $9 billion of assets under administration. In addition, Mr. Slivon will be assisting Thomas Weisel in building out the asset management business. Mr. Slivon will remain as a member of the company's executive committee. Tom Carbeau, currently head of New York Sales, will become the new Head of Institutional Sales and will join the company's executive committee. These changes are effective immediately.

About Thomas Weisel Partners Group, Inc.

Thomas Weisel Partners Group, Inc. is an investment bank, founded in 1998, focused principally on the growth sectors of the economy. Thomas Weisel Partners Group, Inc. generates revenues from three principal sources: investment banking, brokerage and asset management. The investment banking group is comprised of two disciplines: corporate finance and strategic advisory. The brokerage group provides equity and convertible debt securities sales and trading services to institutional investors, and offers brokerage, advisory and cash management services to high-net-worth individuals and corporate clients. The asset management group consists of: private equity, public equity and distribution management. Thomas Weisel Partners is headquartered in San Francisco with additional offices in Baltimore, Boston, Calgary, Chicago, Cleveland, Denver, Montreal, New York, Portland, Silicon Valley, Toronto, London, Mumbai and Zurich. For more information, please visit www.tweisel.com.

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