BFC Financial Corporation's Class A Common Stock Anticipated to Move to OTC Pink Sheets

• Press Release
• Source: BFC Financial Corporation
• On 4:15 pm EST, Friday December 5, 2008

FORT LAUDERDALE, FL--(MARKET WIRE)--Dec 5, 2008 -- BFC Financial Corporation (NYSEArca:BFF - News) announced today that, beginning with the opening of the market on Tuesday, December 9, 2008, BFC's Class A Common Stock will move off of the NYSE Arca and instead begin trading on the OTC Pink Sheets. The transition to the OTC Pink Sheets is due to the fact that BFC's Class A Common Stock has remained below the NYSE Arca's continued listing requirements. Information on the OTC Pink Sheets can be accessed via its internet website at www.PinkSheets.com.

For further information, please visit our website at: www.BFCFinancial.com

To receive future news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button.

     BFC Contact Info:
     Investor and Corporate Communications:
     Sharon Lyn
     Vice President
     Email: Email Contact
      
     Investor Relations:
     Leo Hinkley
     SVP, Investor Relations Officer
     Email: Email Contact
      
     Mailing Address and Telephone:
     BFC Financial Corporation
     Attn: Investor Relations
     2100 West Cypress Creek Road
     Fort Lauderdale, FL 33309
     Phone: (954) 940-4994
     Fax: (954) 940-5320