Cheswold Lane Named Sub-Advisor for Northern Trust's International Emerging Manager Program.

WEST CONSHOHOCKEN, Pa. -- Cheswold Lane Asset Management, LLC, an institutional investment management firm specializing in international large cap value equities, has been selected as an advisor for the Northern Trust Global Advisors (NTGA) international multi-manager program.

"We are honored to be partnering with such a renowned and well respected firm as Northern Trust," says Ms. Colleen Quinn Scharpf, President and COO of Cheswold Lane. "It is a tremendous vote of confidence for Cheswold Lane and will help us to accelerate our growth in the institutional marketplace." With this initial assignment, Cheswold Lane's assets under management will approximately double from year end 2007.

Cheswold Lane's International High Dividend Strategy blends a strong, front-end quantitative process with narrowly focused fundamental research. "We believe Cheswold Lane's significant alpha generation capability and differentiated portfolio characteristics will play an integral role in our institutional multi-manager program," said John McCareins, Vice President and Investment Program Manager of NTGA.

About Cheswold Lane Asset Management, LLC

Cheswold Lane Asset Management, LLC is an independent investment advisory firm, specializing in the management of international large cap value equities. The firm was founded in 2006 and is 100% owned by employees.