Cadwalader Announces Two UK Special Counsel

Cadwalader, Wickersham & Taft LLP, one of the world's leading
international law firms, today announced the recent hires of Jonathan
Price and Karl Clowry who join the firm as special counsel resident in
the Firm's London office. Mr. Price joins the Capital Markets
Department while Mr. Clowry joins the firm's Financial Restructuring
team.

Cadwalader Chairman and Managing Partner Robert O. Link, Jr.
stated, "Jonathan and Karl are both experienced and highly-regarded
lawyers who bring significant banking and restructuring experience to
our practices. They will be assets to the firm as we continue to build
a formidable presence in the London and European markets."

Mr. Price has extensive experience in a wide range of structured
finance transactions, with a particular emphasis on real estate
finance investment and development. He has acted for senior lenders,
mezzanine lenders, funds and corporate borrowers in the UK, Europe and
the Russian Federation. He recently advised IVG Asticus as an investor
in connection with the financing arrangements for the GBP 600M
acquisition of the "Gherkin". He has also acted for banks, borrowers
and trustees on a range of general banking transactions. Prior to
joining the firm, he was with CMS Cameron McKenna.

Mr. Clowry, who comes to Cadwalader from Allen & Overy LLP, has
broad banking, insolvency and restructuring experience covering all
aspects of general lending, debt restructuring, loan and business
acquisitions and disposals. He has acted for both borrowers and
lenders on a variety of complex domestic and cross-border transactions
including; acting for the lenders in connection with the restructuring
of Uneximbank involving US$2 billion of indebtedness, and, acting for
liquidity providing lenders on the restructuring of a structured
investment vehicle holding US$3 billion in assets.

About Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of
the world's leading international law firms, with offices in New York,
London, Charlotte, Washington and Beijing. Cadwalader serves a diverse
client base, including many of the world's top financial institutions,
undertaking business in more than 50 countries in six continents. The
firm offers legal expertise in antitrust, banking, business fraud,
corporate finance, corporate governance, environmental, healthcare,
insolvency, insurance and reinsurance, litigation, mergers and
acquisitions, private client, private equity, real estate, regulation,
securitisation, structured finance, and tax. More information about
Cadwalader can be found at www.cadwalader.com.