Fried Frank Names Seven New Partners.

NEW YORK -- Fried, Frank, Harris, Shriver & Jacobson LLP announced today that seven lawyers have been elected to the partnership of the firm. As of September 1, 2006, the new partners are Michael J. Alter, Craig Arnott, Tommy P. Beaudreau, Brian Kniesly, Brian T. Mangino, Rob McBride, and David L. Shaw.

Attorneys elected to partner:

Michael J. Alter, an attorney in the Washington DC Tax Department, focuses his practice on federal income taxation, with particular emphasis on the structuring and negotiation of taxable and tax-free corporate acquisitions, reorganizations, spinoffs and dispositions of ongoing business enterprises, the development of partnership and other joint-venture arrangements and tax planning for financings and other capital formation transactions. Mr. Alter joined the firm in 2000. He received his JD, with honors, from George Washington University Law School and his BA, magna cum laude, from Union College. He is admitted to the bar in the District of Columbia and Massachusetts.

Craig Arnott, based in London, heads the firm's European Antitrust team. He has a particular focus on European, UK and multi-national merger approvals for major private and listed companies, as well as private equity transactions, joint ventures and the application of competition law to commercial strategies. Mr. Arnott joined the firm in 2004. He attended Balliol College, Oxford as a Rhodes Scholar and received his D. Phil and Bachelor of Civil Law from the University of Oxford. He received his LL.B., first class hons., and B.A., first class hons., degrees from the University of Queensland, respectively. He has taught at the University of Oxford and University of Sydney. He is admitted to practice in England and Wales.

Tommy P. Beaudreau, an attorney in the Washington DC Litigation Department, focuses his practice on a wide variety of criminal and civil litigation matters, including white-collar criminal defense, internal corporate investigations, monitoring of the District of Columbia Metropolitan Police Department, defense of False Claims Act suits brought by the United States and qui tam relators, securities fraud and enforcement matters, counseling of government contractors and commercial litigation. Mr. Beaudreau joined the firm in 1997. He received his JD, cum laude, from the Georgetown University Law Center, where he was a member of the Georgetown International Environmental Law Review and a law clerk at the National Treasury Employees Union. He received his BA, with distinction, from Yale University. He rejoined the firm in 2001 after a yearlong clerkship with Judge Jerome B. Friedman, United States District Court for the Eastern District of Virginia. He is licensed to practice in the District of Columbia and Virginia and is admitted to the bars of the United States District Courts for the Eastern District of Virginia and the District of Columbia.

Brian Kniesly, an attorney in the New York Tax Department, focuses his practice on taxation issues of hedge funds, real estate transactions, REITS, private equity funds and partnerships. Mr. Kniesly joined the firm in 2001. He received his JD from University of Pennsylvania Law School in 1998 and his BA from Ohio State University in 1992. He is admitted to the bar in New York and Connecticut.

Brian T. Mangino, an attorney in the Washington DC Corporate Department, focuses his practice on private equity transactions and mergers and acquisitions representing both private equity firms and public and private corporations. In addition, he regularly advises clients on issues of corporate governance and securities law compliance. Mr. Mangino joined the firm's London office in 2000 and transferred to the Washington office in 2003. He received his JD from the University of Virginia and his BA from the University of Virginia. He is admitted to the bar in the District of Columbia and Virginia.

Rob McBride, an attorney in the London Corporate Department, focuses his practice on a wide range of financing transactions including international debt offerings, project financings, derivatives, securitizations and other structured finance transactions. He joined the firm in 2005. Mr. McBride received his MA from Gonville & Caius College, Cambridge University and completed his CPE and LPC at The College of Law, Guildford, UK. Prior to his legal studies, Mr. McBride studied at the Konservatorium fur Musik, Biel/Bienne in Switzerland. He is admitted to the Supreme Court of England and Wales.

David L. Shaw, an attorney in the New York Corporate Department, focuses his practice on the representation of public and private companies in mergers and acquisitions, private equity and financing transactions. Mr. Shaw joined the firm in 1998. He received his JD from New York University School of Law, his MBA from New York University and his BBA from Emory University. Mr. Shaw is admitted to the bar in New York.

Fried, Frank, Harris, Shriver & Jacobson LLP is a leading international law firm with more than 550 attorneys in offices in New York, Washington, D.C., London, Paris and Frankfurt. Fried Frank lawyers regularly represent major investment banking firms, private equity houses and hedge funds, as well as many of the largest companies in the world. The firm offers legal counsel on M&A and corporate finance matters, white-collar criminal defense and civil litigation, securities regulation, compliance and enforcement, government contracts, real estate, tax, bankruptcy, antitrust, benefits and compensation, intellectual property and technology, international trade, and trusts and estates. More information on Fried Frank can be found at www.friedfrank.com.