0000905148-07-003964 Sample Contracts

JOINT FILING AGREEMENT
Joint Filing Agreement • May 25th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing of MatlinPatterson FA Acquisition LLC, MatlinPatterson LLC, MatlinPatterson Asset Management LLC, MatlinPatterson Global Advisers LLC, MatlinPatterson Global Partners II LLC, MatlinPatterson Global Opportunities Partners II L.P., MatlinPatterson Global Opportunities Partners (Cayman) II L.P., David J. Matlin, Mark R. Patterson, Frank Plimpton and Chris Pechock, on behalf of each of them a statement on Schedule 13D (including amendments thereto) with respect to shares of common stock, par value $0.01 per share, of First Albany Companies Inc., a New York corporation, and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

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VOTING AGREEMENT
Voting Agreement • May 25th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

THIS VOTING AGREEMENT (“Agreement”), dated as of May 14, 2007, is made by and among MATLINPATTERSON FA ACQUISITION LLC, a Delaware limited liability company (the “Investor”), and ALAN P. GOLDBERG (the “Shareholder”), an individual and a shareholder of First Albany Companies Inc., a New York corporation (the “Company”).

CONFIDENTIALITY AGREEMENT
Confidentiality Agreement • May 25th, 2007 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York
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