X0202 4 2007-04-03 0000878520 SWS GROUP INC SWS 0001182222 COBB BRODIE L 1201 ELM STREET SUITE 3500 DALLAS TX 75270 1 Common Stock $.10 Par Value 2007-04-03 4 S 0 100 25.01 D 1021983 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 100 25.03 D 1021883 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 100 25.02 D 1021783 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 200 25.07 D 1021583 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 300 25.08 D 1021283 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 700 25.09 D 1020583 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 2300 25.06 D 1018283 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 7400 25.1 D 1010883 I Family Partnership Common Stock $.10 Par Value 2007-04-03 4 S 0 13800 25 D 997083 I Family Partnership Common Stock $.10 Par Value 7909 D Sales being made are pursuant to a Plan adopted on 02/17/07 intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934. Allen R. Tubb, Power of Attorney 2007-04-03