Fried Frank Expands Bankruptcy and Restructuring Practice

Shannon Lowry Nagle Joins Firm in New York

NEW YORK, March 1, 2010 - Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Shannon
Lowry Nagle has joined the Firm's bankruptcy and restructuring practice as a
partner, resident in the New York office. Ms. Nagle has represented numerous
clients in connection with chapter 11 cases and out-of-court restructurings.
Prior to joining the Firm, she was a partner at O'Melveny and Myers LLP.

Ms. Nagle's practice has included representing bondholders, secured and
unsecured creditors, debtor-in-possession lenders, ad hoc and official
committees of creditors, and other parties in interest. Ms. Nagle also has
represented debtors, including distressed portfolio companies, as well as
private equity funds and others in connection with the acquisition of
distressed companies and in the sale of assets of financially troubled
entities. Ms. Nagle's experience covers a wide range of industries, including
retail, healthcare, entertainment, construction, auto, airlines, textiles,
and telecommunications. She has extensive in-court experience, having
litigated before bankruptcy courts in numerous states.

"The bankruptcy and restructuring business has been, and continues to be,
on a sharp rise nationwide. The work of Fried Frank's bankruptcy and
restructuring practice has grown exponentially and is an integral and
important part of our Firm. Shannon is a gifted lawyer and a first rate
talent. With the addition of Shannon to our practice, we expect to continue
to meet this growing demand for our services and to attend to the needs of
our clients and the Firm," said Brad Eric Scheler, senior partner and
chairman of Fried Frank's bankruptcy and restructuring department.

"We are delighted to have someone of Shannon's caliber join the Firm.
Shannon brings her experience and expertise to a strong and seasoned team of
professionals who have been working on some of today's most innovative and
prominent bankruptcy and restructuring matters," said Valerie Ford Jacob,
Fried Frank's chairperson.

Ms. Nagle received her JD from University of Miami - School of Law and
her BS from University of Florida. She is admitted to the bar in New York,
Virginia, North Carolina and Georgia.

Fried Frank's bankruptcy and restructuring lawyers regularly represent a
wide range of clients in both formal bankruptcies and out-of-court
restructurings of financially troubled companies, including corporate
debtors, creditors' committees, bondholders' committees, equity holders'
committees, trustees, financial institutions that are lenders to and
investors in financially troubled companies, buyers and sellers of distressed
securities and businesses, and parties seeking to invest in and/or acquire
the assets and businesses of financially troubled companies.

Fried, Frank, Harris, Shriver & Jacobson LLP is a leading international
law firm with more than 500 attorneys in offices in New York, Washington,
D.C., London, Paris, Frankfurt, Hong Kong and Shanghai. Fried Frank lawyers
regularly represent many of the world's leading corporations and financial
institutions. The Firm offers legal counsel on antitrust and competition;
bankruptcy and restructuring; benefits and compensation; corporate matters,
including asset management, capital markets, corporate governance,
financings, mergers and acquisitions, and private acquisitions and private
equity; energy, alternative energy and climate change; financial
institutions; government investigations and regulatory counseling including
internal investigations and monitoring, securities enforcement and regulation
and white-collar criminal defense; insurance; intellectual property and
technology; international trade; litigation including arbitration and
alternative dispute resolution, commercial litigation, environmental
litigation, government contracts, securities and shareholder litigation; real
estate; tax; and trusts and estates. More information on Fried Frank can be
found at www.friedfrank.com.

Paula Zirinsky, Director of Media Relations and Communications, +1-212-859-8818, paula.zirinsky at friedfrank.com