Richard E. Thornburgh to Join Corsair Capital LLC.

NEW YORK -- Corsair Capital LLC, a private equity specialist in financial services, announces that Richard E. Thornburgh will join the firm as a Partner in February 2006. Since 1993, the Corsair team ("Corsair") has been involved in investing approximately $1 billion in a broad range of financial institutions around the world, including banks, insurers, asset managers, and specialty lenders.

Mr. Thornburgh is currently Executive Vice Chairman at Credit Suisse First Boston. He has nearly 30 years of experience in the global banking and financial services sector, and has held a number of senior leadership positions at Credit Suisse Group. Mr. Thornburgh will step down from day-to-day management at Credit Suisse at the end of 2005. Credit Suisse has announced that he will be nominated for election to the Board of Directors of Credit Suisse Group at the April 2006 Annual General Meeting of Shareholders, and will be invited to join the Board's Risk Committee.

Mr. Thornburgh will be based in Corsair's New York office. His appointment is intended to enhance the firm's global investment origination and execution platform, as well as its ability to deliver value-adding management and operational guidance to portfolio companies in a diverse array of financial services sub-sectors.

Mr. Thornburgh will join the Corsair management team led by Nicholas B. Paumgarten, D. T. Ignacio Jayanti, and T. Kimball Brooker, Jr., who have together managed Corsair for more than a decade. Corsair recently announced the appointment of Luqman Arnold, former CEO of the U.K. consumer bank Abbey National Plc and former Chairman of the Group Executive Board of UBS AG, as a Partner in London.

Corsair has historically been affiliated with the global financial services firm JPMorgan, and has now agreed on an amicable separation wherein Corsair Capital LLC has been established to operate as an independent entity.

Nicholas B. Paumgarten, Chairman of Corsair Capital LLC, commented:

"I have known Dick for 30 years. He is one of my oldest colleagues from First Boston, and will bring to our firm a distinguished career at one of the leading financial institutions in the world, including at the highest levels of executive management. His deep knowledge of financial services across a diverse set of sub-sectors and geographies will be an invaluable asset to Corsair, which is one of the longest-standing private equity investment teams focused exclusively on financial services. Dick will play a particularly important role in representing Corsair to our portfolio companies, where his stellar reputation in our industry should command the respect and trust of both management teams and co-shareholders."

Richard E. Thornburgh commented:

"After 30 years advising managements and Boards of financial institutions, I now look forward to contributing to the industry as part of one of its most active investors. I'm particularly excited about Corsair's prospects in this dynamic sector and am keen to apply my experience and knowledge to this next phase of my career. Corsair represents a tremendous opportunity to partner with a small group of very talented individuals who have deep skills in this area. I also wish to thank all of my colleagues and associates of Credit Suisse Group and CSFB for contributing to what I feel has been a fulfilling career in financial services and look forward to the opportunity to continue serving Credit Suisse as an external board member."

Notes to Editors:

About Richard E. Thornburgh

Richard E. Thornburgh has nearly 30 years of investment banking and financial services sector experience. He is currently Executive Vice Chairman of Credit Suisse First Boston and Member of the Credit Suisse Group Executive Board. He has served on the Executive Board of Credit Suisse Group for the past nine years. On November 2nd, Credit Suisse Group announced that Mr. Thornburgh would step down from day-to-day management at the end of 2005 and that he would be nominated for election to join the Board of Directors of Credit Suisse Group at the April 2006 Annual General Meeting of Shareholders. He will be invited to join the Board's Risk Committee.

Mr. Thornburgh began his career in 1976 with The First Boston Corporation, a predecessor firm of the current CSFB. He spent 20 years in the investment-banking department specializing in financial institutions. During that period he also ran the Los Angeles office in the late 1980s and was the first global head of the financial institutions group for CSFB. He was an advisor on many of the landmark M&A transactions that took place during the consolidation of the U.S. regional banking industry in the 1980s and early 1990s. He spearheaded CSFB's mandate to advise on the privatization of the Mexican banking industry, the recapitalization of the California thrift industry, and served as advisor to the governments of Sweden, New Zealand, South Australia, Mexico and Australia in the early 1990s.

During the past ten years his executive responsibilities have included: Chief Financial and Administrative Officer of CS First Boston, Chief Financial Officer of Credit Suisse Group, Vice Chairman of the Executive Board of CSFB, and Chief Risk Officer of Credit Suisse Group.

Mr. Thornburgh is a member of the Financial Services Roundtable and the International Institute of Finance. He has served on the Executive Committee of the Securities Industry Association for the past six years, and was Chairman of the SIA in 2004. He serves on the executive committee of the University of Cincinnati Foundation and is Co-chair of the Foundation's investment committee.

About Corsair Capital LLC

Corsair Capital LLC is a private equity specialist that focuses exclusively on financial services companies worldwide. An investment team that has over 60 years of combined experience working in the global financial services sector manages the firm, including more than a decade of collaboration on Corsair investments.

Corsair has maintained a strong international focus, with over 65% of capital invested outside of the United States.

Since 1993, the Corsair team has operated as employees of JPMorgan. Corsair Capital LLC was established to operate independently of JPMorgan, and its senior management includes:

Nicholas B. Paumgarten. Mr. Paumgarten is Chairman of Corsair Capital LLC. He joined JPMorgan in 1992 to manage Corsair and has participated in all of Corsair's investments. Mr. Paumgarten has held a variety of senior positions on Wall Street, including Global Co-Head of Financial Institutions at Credit Suisse First Boston, Global Co-Head of Financial Institutions at JPMorgan, and Co-Head of Mergers & Acquisitions for the Americas at JPMorgan.

D. T. Ignacio Jayanti. Mr. Jayanti is President of Corsair Capital LLC. He served as Secretary and Treasurer of Corsair (1994 to 2000) and as President of Corsair (2000 to 2005) and participated in all Corsair's investments. Mr. Jayanti's investment experience includes sourcing, structuring and negotiating a variety of investments, including transactions involving consortia where Corsair has played a lead or principal role. Mr. Jayanti has also been a Managing Director in JPMorgan's Financial Institutions area leading the Emerging Markets group and prior to that worked at Credit Suisse First Boston in the Financial Institutions department under Mr. Paumgarten.

T. Kimball Brooker, Jr. Mr. Brooker is Chief Investment Officer of Corsair Capital LLC. Mr. Brooker joined JPMorgan and Corsair in 1994 as an Associate and has served as Principal since 1999 and as Chief Investment Officer since 2003. Mr. Brooker has been a Managing Director at JPMorgan and served as an analyst in the Financial Institutions Group at Lazard Freres prior to joining JPMorgan's Financial Institutions department and Corsair in 1994.

Luqman Arnold. Mr. Arnold joined Corsair Capital LLC in November 2005 as a Partner in London. He was most recently CEO of Abbey National Plc until he oversaw the completion of the sale of the bank to Santander Central Hispano. Prior to that, he spent five years with UBS AG, becoming President and Chairman of the Group Executive Board. Previous roles include four years with Banque Paribas and ten years with Credit Suisse First Boston. Mr. Arnold is a member of the UK Financial Services Authority led Financial Capability Steering Group, and the FSA Practitioner Panel.