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May 10, 2012 - GMP Report of Voting Results

Pursuant to Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations REPORT OF VOTING RESULTS The following matters were voted on at the Annual and Special Meeting of Shareholders (the Meeting”) of GMP Capital Inc. (“GMP”) held on Friday, May 4, 2012. Full details of the matters are set out in the Notice of Meeting and Management Information Circular, which was mailed to shareholders prior to the Meeting and is available at www.gmpcapital.com or on SEDAR at www.sedar.com. The Board of Directors and management of GMP recommended that shareholders vote: (i) FOR the election as director of each of the nine nominees listed in the Management Information Circular; (ii) FOR the appointment of Ernst & Young LLP as auditors of GMP, and (iii) FOR the resolution approving all unallocated common share options, right or other entitlements under the GMP common share option plan, the full text of which is set out in the Management Information Circular (the “Unallocated Common Share Options Resolution”).

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May 4, 2012 - GMP Announces Q1/12 Results

For further information about GMP Capital Inc., our results for first quarter 2012 and the meaning of certain references, this quarterly earnings release should be read in conjunction with our First Quarter 2012 Financial Statements and Management’s Discussion and Analysis for the three months ended March 31, 2012, which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our First Quarter 2012 Financial Statements prepared in accordance with International Accounting Standard 34, Interim Financial Reporting.

TORONTO, May 4, 2012 – GMP Capital Inc. (“GMP”) (TSX: GMP) today reported revenue of $66.1 million in first quarter 2012, representing a 43% decrease compared with the same period a year ago primarily due to weaker performance in our Capital Markets segment. GMP recorded net income of $0.2 million and a net loss attributable to common shareholders of $2.3 million ($0.04 net loss per basic share) in first quarter 2012 compared with net income of $26.3 million and net income attributable to common shareholders of $22.5 million ($0.32 per basic share) in first quarter 2011. This quarter’s results continued to be affected by the unfavourable market environment and also reflect $4.5 million (pre-tax) in restructuring charges incurred in connection with previously announced senior management changes and other initiatives.

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