Paul Hastings Enhances Capital Markets Practice with Addition of Ann Lawrence to Los Angeles Office

May 21, 2007

Paul Hastings Enhances Capital Markets Practice with Addition of Ann Lawrence to Los Angeles Office

Los Angeles, CA (May 21, 2007) - Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce that Ann Lawrence, previously at Latham & Watkins, LLP, has joined the firm's Corporate Department as Of Counsel, resident in the firm's Los Angeles office. Ms. Lawrence's practice focuses on representing investment banks and issuers in public and private securities offerings, with a focus on high-yield debt financings.

"The continued growth of the Paul Hastings Global Capital Markets Practice is a top priority for the firm," said Bill Schwitter, Capital Markets Practice Co-Chair. "Ann's significant experience representing investment banks and issuers in high profile transactions enhances our capital markets practice and adds depth to our group."

Ms. Lawrence has represented underwriters including Goldman, Sachs & Co., Morgan Stanley, UBS Securities, Credit Suisse, and Jefferies & Co., in a broad range of domestic and international corporate transactions, including leveraged buy-out transactions, initial public offerings and public and private securities offerings.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in banking and finance, capital markets, corporate/M&A, litigation and dispute resolution, intellectual property, project finance, investment management, real estate, labor and employment and tax advisory services. For additional information, please visit our website at www.paulhastings.com.