Cadwalader Broadens Reach in China by Adding Prominent Partner

Leading Corporate and Financial Law Practitioner Rocky T. Lee Joins Beijing Office

NEW YORK, June 3, 2010 - Cadwalader, Wickersham & Taft LLP, one of the world's most prominent law
firms, has significantly broadened its reach in China with the addition of
Rocky Lee, a lawyer widely recognized as among Asia's top private equity and
venture capital advisors.

    (Photo: photos.prnewswire.com/prnh/20100603/NY15367 )
    (Photo: www.newscom.com/cgi-bin/prnh/20100603/NY15367 )

Rocky joins Cadwalader as its newly appointed Asia Managing Partner and
Head of its Greater China Corporate Practice in the Corporate Department.

"At this critical moment in the development of Asian finance and given
the emerging influence of China, it is more important than ever for clients
to seek expert advice concerning complex regulatory and legal matters in
Asia," Lee stated. "Cadwalader is known for that unparalleled sophistication
and for the ability to deliver exceptional legal service under the most
demanding conditions. I am excited to be joining a firm where I can lend my
skills and insight in support of leading firm clients."

"Rocky has an established reputation as an outstanding practitioner in
the Asian equity markets," said Ron Hopkinson, Head of Cadwalader's Private
Equity Group. Numerous awards and accolades evidence his competence and skill
as a legal counselor who can deliver exceptional market insight and premier
client service. However, it is his entrepreneurial energy, his passion for
the law, and his leadership qualities that make him a perfect match for
Cadwalader," Hopkinson stated. "Rocky is a true legal pioneer with
exceptional knowledge and experience in China legal and business affairs".

"Cadwalader has a long term Asia strategy. We intend to build practices
that respond to the demands of our clients and reflect our practice
strengths." said W. Christopher White, Cadwalader's Chairman.

Rocky not only represents many Chinese companies and multinationals in
financing, acquisitions and capital markets matters, but he regularly advises
entrepreneurs, executives and company boards on business and legal issues. In
particular, Rocky's representation of multinational financial services firms,
investment banks, funds and institutional investors operating and investing
in China has earned him an unsurpassed reputation in the legal market. Rocky
has been recognized as a top lawyer in his area of expertise by The Legal
500, Asia Law & Practice, and Chambers Asia ranked him and his practice in
Band One for three consecutive years. Rocky formerly headed DLA Piper's Asia
Private Equity and Venture Capital Practice.

Rocky received his undergraduate degree from the University of California
at Berkeley with High Honors and Academic Distinction. He received his JD
degree, specializing in Business Law, from the University of California at
Los Angeles School of Law. He is fluent in English and Mandarin.

About Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the
world's leading international law firms, with offices in New York, London,
Charlotte, Washington and Beijing. Cadwalader serves a diverse client base,
including many of the world's top financial institutions, undertaking
business in more than 50 countries on six continents. The firm offers legal
expertise in antitrust, banking, business fraud, corporate finance, corporate
governance, environmental, financial restructuring and reorganizations,
healthcare, insurance, intellectual property, litigation, mergers and
acquisitions, private client, private equity, real estate, regulation,
securitization, structured finance, and tax. More information about
Cadwalader can be found at www.cadwalader.com

    Contacts:
    Adam Segall +1-212-504-6492
    adam.segall@cwt.com

    Claudia Freeman +1-212-504-6470
    claudia.freeman@cwt.com

Adam Segall +1-212-504-6492, adam.segall at cwt.com; or Claudia Freeman +1-212-504-6470, claudia.freeman at cwt.com