Citadel Appoints Kaveh Alamouti as Senior Managing Director to Launch Global Macro Investment Business

Citadel Investment Group, L.L.C. today announced the appointment
of Kaveh Alamouti as Senior Managing Director. Mr. Alamouti will be
responsible for Citadel´s soon-to-be-launched multi-strategy macro
investment business and will lead a team to develop and launch new
alternative investment strategies.

"We continue to bring together the best in the industry as we
expand across regions, asset classes and strategies," said Kenneth
Griffin, CEO and founder of Citadel Investment Group. "Kaveh Alamouti
has an exceptional reputation and track record, and we are pleased to
have him join Citadel."

"There are tremendous trading and arbitrage opportunities in the
global markets, creating a very attractive environment for a
multi-strategy macro business," said Mr. Alamouti. "I have long
admired Citadel´s approach to innovative expansion, and they are the
ideal partner when it comes to creating leading-edge investment
strategies."

Mr. Alamouti most recently managed a global macro and
multi-strategy business at Moore Capital. Prior to joining Moore
Capital, he founded Optimum Asset Management. Mr. Alamouti ran Tokai
Bank´s global proprietary trading and arbitrage group, and launched
his career at Salomon Brothers, where he ultimately led the European
arbitrage and proprietary trading businesses.

Mr. Alamouti received a bachelor´s degree from Imperial College in
London and an MBA and PhD from London Business School.

About Citadel Investment Group, L.L.C.

Citadel is a leading global financial institution focused on
alternative investment strategies and services. The Citadel group of
companies employs 1,200 professionals worldwide in Chicago, New York
City, San Francisco, Bermuda, London, Hong Kong and Tokyo.