RFX Refco Inc.

Shalov Stone & Bonner LLP, which last week commenced a class action lawsuit on behalf of purchasers of Refco, Inc. (NYSE: RFX) securities in the period between August 10, 2005, and October 7, 2005, has made available at www.refcoclassaction.com the criminal complaint filed against Phillip R. Bennett, the company's Chief Executive Officer and Chairman during the class period. On the evening of October 11, 2005, Bennett was arrested and charged with securities fraud in the United States District Court for the Southern District of New York. The following day, the U.S. Attorney argued that Bennett faced life in prison and that bail should be denied. Bennett was later released on $50 million bail. Shalov Stone & Bonner LLP continues to actively investigate potential shareholder and bondholder claims against Refco, its key executive officers, the company's principal outside auditor, and the lead underwriters for Refco's recent initial public offering, and has prepared a complaint that we encourage you to review. Purchasers of Refco stock and bonds (due on August 1, 2012, with an interest rate of 9%; CUSIP No. 75866HAC1) may view the complaint at the www.refcoclassaction.com website. Shalov Stone & Bonner LLP has extensive experience in the prosecution of class actions on behalf of investors. For more information about the firm and the Refco litigation, please visit Shalov Stone & Bonner LLP's new website devoted to the Refco class action: www.refcoclassaction.com. If you would like additional information about the Refco litigation or would like to discuss your legal rights, please contact Thomas G. Ciarlone, Jr., at Shalov Stone & Bonner LLP, 485 Seventh Avenue, Suite 1000, New York, New York 10018 (telephone: (212) 239-4340; e-mail: tciarlone@lawssb.com).