Contact: John Hartgen
             703-739-0800
             [email protected]

BRUCE HARWOOD ELECTED TO ABI’S BOARD OF DIRECTORS

May 2, 2007, Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Bruce A. Harwood of Sheehan, Phinney, Bass + Green (Manchester, N.H.) has been elected to ABI’s Board of Directors. An ABI member since 1989, Harwood has been a program chair of the successful ABI Northeast Bankruptcy Conference. Hewill serve a term of three years on the 60-member ABI Board of Directors.

Harwood chairs the Bankruptcy, Insolvency and Creditors’ Rights Group at Sheehan, Phinney, Bass + Green where his clients include business debtors, asset purchasers, secured and unsecured creditors, creditors’ committees and trustees in bankruptcy. He also mediates disputes arising in debtor-creditor relations and represents insurance regulators in connection with the rehabilitation and liquidation of insolvent insurers. Harwood has been named in the Bankruptcy Law section of the Best Lawyers in America for more than 10 years, and was most recently honored in Chambers USA 2006 Guide as one of the best bankruptcy attorneys in New Hampshire.

The complete list of directors and officers is available at http://www.abiworld.org/Content/NavigationMenu/About_ABI/Board_of_Directors/Board_of_Directors.htm.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 11,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.