Bear Stearns CFO to Present at the UBS Global Financial Conference in

    Business Editors

    NEW YORK--(BUSINESS WIRE)--May 2, 2005--The Bear Stearns Companies Inc. announced today that Samuel L. Molinaro Jr., executive vice president and chief financial officer is scheduled to speak at the UBS Global Financial Services Conference on Tuesday, May 10, 2005, at 1:30 p.m. (EST). He will discuss the company's recent results and corporate strategy.
    Mr. Molinaro's presentation will be simultaneously broadcast on the firm's web site at http://www.bearstearns.com. Slides used in the presentation will also be available on the firm's website.
    Founded in 1923, The Bear Stearns Companies Inc. (NYSE:BSC) is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm. With approximately $48.5 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance, mergers and acquisitions, institutional equities and fixed income sales and trading, securities research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers financing, securities lending, clearing and technology solutions to hedge funds, broker-dealers and investment advisors. Headquartered in New York City, the company has approximately 11,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's website at http://www.bearstearns.com

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CONTACT: The Bear Stearns Companies Inc. Elizabeth Ventura, 212-272-9251 John Quinn, 212-272-5934

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING CONFERENCE CALLS SOURCE: The Bear Stearns Companies Inc.

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