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First Trust Advisors L.P. Announces Portfolio Manager Update Call for First Trust Specialty Finance and Financial Opportunities Fund
First Trust Advisors L.P.

WHEATON, Ill., May 23, 2012 (BUSINESS WIRE) -- First Trust Advisors L.P. ("FTA") announced today that First Trust Specialty Finance and Financial Opportunities Fund FGB -0.14% intends to host a conference call with Confluence Investment Management LLC ("Confluence"), the Fund's investment sub-advisor, on Monday, June 11, 2012, at 4:15 P.M. Eastern Time. The purpose of the call is to hear the Fund's portfolio management team provide an update for the Fund.

        --   Dial-in Number: (866) 865-6631; International (706) 679-1727; and
             Passcode # 78807244. Please call 10 to 15 minutes before the
             scheduled start of the teleconference.
        --   Telephone Replay: (800) 585-8367; International (404) 537-3406; and
             Passcode # 78807244. The replay will be available after the call
             until 11:59 P.M. Eastern Time on Wednesday, July 11, 2012.

FTA has served as the Fund's investment advisor since the Fund's inception. FTA, along with its affiliate, First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of over $56 billion as of April 30, 2012, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Confluence Investment Management LLC ("Confluence"), an SEC registered investment advisor, serves as the Fund's investment sub-advisor. The investment professionals at Confluence have over 80 years of aggregate portfolio management experience. Confluence provides portfolio management and advisory services to both institutional and individual clients. As of April 30, 2012, Confluence managed or supervised over $1.4 billion in assets.

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