Company Press Release

Kevin Handwerker Joins GAMCO Investors as Executive Vice President, General Counsel and Secretary

RYE, N.Y.--GAMCO Investors, Inc. (NYSE:GBL) announced today that Kevin Handwerker has joined the firm as Executive Vice President, General Counsel and Secretary.

“We are delighted to have Kevin join us and we are confident that his stellar reputation and extensive experience in the asset management industry will provide great value to all our constituents, including clients, teammates and shareholders”

Kevin joins GAMCO from Neuberger Berman LLC where he served as Managing Director and General Counsel for twelve years.

“We are delighted to have Kevin join us and we are confident that his stellar reputation and extensive experience in the asset management industry will provide great value to all our constituents, including clients, teammates and shareholders”, said Mario J. Gabelli, CEO of GAMCO.

Previously, Kevin held senior positions in National Financial Partners Corp. and J.P. Morgan Investment Management Inc. He began his law career at Shearman & Sterling representing financial institutions and other entities in public and private financings, mergers and acquisitions and merchant banking transactions. Kevin received his J.D. from Fordham University School of Law after earning his B.S. in Accounting summa cum laude from the State University of New York at Albany.

GAMCO Investors, Inc., through its subsidiaries, manages private advisory accounts (GAMCO Asset Management Inc.), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Gabelli Securities, Inc.). As of September 30, 2013, GAMCO had $43.5 billion in assets under management.