HFF Announces Pricing of Initial Public Offering

PITTSBURGH--()--HFF, Inc. (NYSE:HF) announced yesterday the pricing of the initial public offering of 14.3 million shares of its Class A common stock at a price of $18.00 per share.

The shares are expected to commence trading today, January 31, 2007, on the New York Stock Exchange under the symbol HF. The underwriters also have an option for a period of 30 days to purchase up to 2,145,000 additional shares of Class A common stock to cover over-allotments, if any.

The joint book-running managers for the initial public offering are Goldman, Sachs & Co. and Morgan Stanley & Co. Incorporated, and the co-managers for this offering are Banc of America Securities LLC, Wachovia Capital Markets, LLC, J.P. Morgan Securities Inc. and Lehman Brothers Inc.

A copy of the final prospectus relating to this offering may be obtained from Morgan Stanley & Co. Incorporated, Attn: Prospectus Delivery Department at 1585 Broadway, New York, NY 10036, by telephone at (212) 761-6775, or by email at prospectus@morganstanley.com; or from Goldman, Sachs & Co., Attn: Prospectus Dept. at 85 Broad St., New York, NY 10004, by fax at (212) 902-9316 or by email at prospectus-ny@ny.email.gs.com.

The final prospectus, when it is available, also may be obtained on the Securities and Exchange Commissions Web site at http://www.sec.gov.

About HFF

Through its subsidiaries Holliday Fenoglio Fowler, L.P. and HFF Securities L.P., HFF operates out of 18 offices nationwide and is a provider of commercial real estate and capital market services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sale and note sales advisory services and commercial loan servicing.

Contacts

HFF, Inc.
John H. Pelusi Jr., 412-281-8714
HFF Chief Executive Officer
jpelusi@hfflp.com
Myra F. Moren, 713-852-3500
HFF Director of Investor Relations
mmoren@hfflp.com

Contacts

HFF, Inc.
John H. Pelusi Jr., 412-281-8714
HFF Chief Executive Officer
jpelusi@hfflp.com
Myra F. Moren, 713-852-3500
HFF Director of Investor Relations
mmoren@hfflp.com