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

DEIRDRE MARTINI ELECTED TO ABI’S BOARD OF DIRECTORS

April 11, 2008, Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Deirdre A. Martini of Wachovia Capital Finance (New York)has been elected to ABI’s Board of Directors. An ABI member since 1999, Martini has served as a member of the advisory committee for the ABI Endowment Fund’s landmark professional fee study and is a frequent speaker at ABI’s conferences and events. Shewill serve a term of three years on the 60-member ABI Board of Directors.

Martini is a managing director at Wachovia Capital Finance focusing on business development for the restructuring sector in the Northeast United States. Martini joined Wachovia from CIT Group, where she was managing director and senior restructuring advisor for Commercial Finance and the National Restructuring Group. Prior to that, she was appointed by the U.S. Attorney General as the U.S. Trustee for the Southern District of New York, where she oversaw the administration of some of the largest and most complex chapter 11 restructurings in recent history.

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 11,700 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.