CADWALADER WICKERSHAM

March 24, 2005 04:00 ET

Cadwalader Gains CDO Expert Angus Duncan


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CADWALADER WICKERSHAM

MARCH 24, 2005 - 04:00 ET

Cadwalader Gains CDO Expert Angus Duncan

LONDON--(CCNMatthews - Mar 24, 2005) -

Angus Duncan, currently a partner at Allen & Overy, will be joining
Cadwalader, Wickersham & Taft LLP as a partner in the Capital Markets
Department, resident in the London office.

A leading expert in structured transactions with particular emphasis on
repackagings and CDO transactions, Mr. Duncan represents both arrangers
and asset managers. He has been involved in a number of significant CDO
transactions, including Robeco, Balthazar, Stanton, Sterlingmax, AIG
MezzVest and Callisto. He has also advised Japanese and international
securities banks and corporations on a wide variety of capital markets
matters.

"Angus is highly respected throughout the market and brings further
strength and expertise to our London team," stated Robert O. Link Jr.,
Cadwalader's Chairman and Chair of the Capital Markets Department.
"Angus' knowledge and experience make him a valuable addition to the
team as we continue to build our international position in
securitisation and structured finance."

Andrew Wilkinson, Managing Partner of the London office, stated, "I am
delighted that Angus is joining us. The Capital Markets Department in
London is a major source of growth, and Angus' appointment is further
testimony to our commitment to the UK and Europe."

Mr. Duncan stated, "I am looking forward to joining Cadwalader and
working with Neil Weidner, Charles Roberts, Jerry De Melo, Christian
Parker and the rest of the team. Cadwalader is a recognised market
leader in capital markets in the US, and its London office is fast
building a global reputation throughout Europe."

Mr. Duncan attended Manchester University and graduated from Chester Law
College in 1988. Thereafter, he trained with Slaughter and May. In 1994,
he moved to the London office of Allen & Overy, where he focused on
general capital markets work, such as debt programmes and equity-linked
work. In 1996, Mr. Duncan was made partner and transferred to the firm's
Tokyo office. From 1998 to 2000 he served as the managing partner of the
Tokyo office. During this period, he advised Japanese and international
securities houses, banks and corporations on securitisations,
repackagings, other structured finance issues and derivative
transactions.

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the
world's leading international law firms, with offices in New York,
London, Charlotte, and Washington. 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 securitization, structured finance,
mergers and acquisitions, corporate finance, real estate, environmental,
insolvency, litigation, health care, banking, project finance, insurance
and reinsurance, tax, and private client matters. More information about
Cadwalader can be found at www.cadwalader.com.

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