SOURCE: Greenberg Traurig, LLP

March 28, 2007 09:00 ET

Greenberg Traurig Shareholder Elected to Israel Bonds' National Board of Directors

BOCA RATON, FL -- (MARKET WIRE) -- March 28, 2007 -- Ned R. Nashban, a shareholder with the Boca Raton office of Greenberg Traurig, LLP, has been inducted as a member of State of Israel Bonds' National Board of Directors, its highest governance body.

Nashban is a member of the President's Club, an honor society of men and women who purchase at least $100,000 annually in Israel Bonds to build and develop Israel's economy. He is also a former director of both the South Beach County Jewish Federation and the Jewish Community Foundation, a former trustee of B'nai Torah Congregation in Boca Raton, and a member of the North American Jewish Forum and the Israel Forum.

"Mr. Nashban is an outstanding Jewish communal leader who has served with distinction since 1999 as Israel Bonds chairman in Palm Beach County and a member of our organization's National Campaign Cabinet," said Bonds President and CEO Joshua Matza. "At this critical period in Israel's history, I am confident his participation on the Board will help us achieve this year's goal of $1 billion in bond sales."

At Greenberg Traurig, Nashban has a global practice in the areas of business law, commercial litigation, bankruptcy, creditor's rights and problem loan workouts. His practice includes counseling businesses and investors in business turnarounds, mergers and acquisitions, Chapter 11 proceedings, and creditor representation in similar situations. He works with clients worldwide, including clients from the United Kingdom, Brazil, Mexico, Canada and China.

Nashban earned both his B.A. and J.D at the University of Wisconsin. He is a member of the Florida Bar, Bankruptcy Bar of South Florida, Palm Beach County Bar Association, American Bar Association and Commercial Law League of America.

Nashban has visited Israel many times and has led several delegations for Israel Bonds. He and his wife Caryn have five children who have been to Israel with them.

State of Israel Bonds is an international organization offering securities issued by the Israeli government. Since the first bond was sold in 1951, Israel Bonds has secured $25 billion in investment capital to develop Israel's economy and Israel has made every payment of principal and interest on time and in full.

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