Cadwalader Opens Brussels Office Headed by Prominent European Competition Attorney

Alec J. Burnside Joins Partnership

BRUSSELS, April 28, 2011 - Cadwalader, Wickersham & Taft LLP, a leading counsellor to global
financial institutions and corporations, today announced that Alec J.
Burnside, a prominent European competition attorney, will be joining the
Partnership. Burnside, formerly with Linklaters in Belgium, will open and
manage Cadwalader's new office in Brussels.

"Alec is recognised as one of the leading competition lawyers in Europe.
His attraction to Cadwalader and our investment in him and the opening of an
office in Brussels reflect a mutual commitment to fielding the finest global
antitrust team practicing today. We welcome him to our Partnership," said W.
Christopher White, Chairman of Cadwalader, Wickersham & Taft.

Mr. Burnside specialises in EU competition law and over the past two
decades has practiced across a wide range of competition law disciplines
regularly working on high-profile cases with implications for global
industries, governments and blue chip corporations. Given this experience, he
has become a recognised and highly sought expert in merger clearances, cartel
defence, state aid and abuse of dominance with deep sector expertise that
spans financial services, IT, consumer products, energy, natural resources,
manufacturing, military, pharmaceuticals, transport & logistics and telecoms.

"I have been familiar with Cadwalader for many years, given the
outstanding work of Rick Rule and his exceptional antitrust team. As I have
talked with Cadwalader I've been impressed by the remarkable talent in the
firm in every group from financial services, reorganisation and capital
markets to investigations and antitrust. I am excited about this new chapter
in my career and my new affiliation with Cadwalader," said Mr. Burnside.

As a result of his credentials and front line experience in European
Competition issues, Mr. Burnside has consistently advocated for law reform in
connection with a variety of international and EU competition matters.

"To be able to bring on board a solicitor of the calibre of Alec Burnside
is a game changer for our global antitrust group," stated Rick Rule, head of
the Antitrust group at Cadwalader. "Our ability to service our international
corporate clients has just been strengthened considerably and we look forward
to growing this global practice."

Mr. Burnside's recent and leading transactions include advising:

    -- Microsoft on its acquisition of Yahoo!'s search function
    -- Aer Lingus on its successful defence of Ryanair's hostile
       takeover bids, and court appeals
    -- Deutsche Borse on its pending merger with NYSE Euronext
    -- Billiton on its merger with BHP
    -- British American Tobacco on its acquisitions of the cigarette
       business of Scandinavian Tobacco and Tekel
    -- Sir Michael Bishop on the Lufthansa acquisition of British
       Midland
    -- DHL on state aid issues at Leipzig Airport and on the
       international removals investigation
    -- SmithKline Beecham on its merger with Glaxo
    -- BP on the creation, and unwinding, of its European downstream JV
       with Mobil.

Mr. Burnside studied at Downing College, Cambridge; College of Law,
London; and Institut d'Etudes Europeennes, Brussels. He is a Solicitor of the
Senior Courts of England and Wales and a foreign member of the Brussels Bar.

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,
Washington, Charlotte, Houston, London, Hong Kong, Beijing and now Brussels.
Cadwalader serves a diverse client base, including many of the world's top
financial institutions, undertaking business in more than 50 countries in six
continents. The firm offers legal expertise in antitrust, banking, business
fraud, corporate finance, corporate governance, environmental, financial
restructuring and reorganisations, healthcare, intellectual property,
litigation, mergers and acquisitions, private client, private equity, real
estate, regulation, securitisation, structured finance, and tax. More
information about Cadwalader can be found at www.cadwalader.com.

Victoria Main, +32-2-289-09-56, Victoria.main at fdblueprint.eu; or Adam Segall, +1-212-504-6492, adam.segall at cwt.com