The Legal 500

White & Case acted for joint lead managers Credit Suisse Securities (Europe) Limited (

New York (April 25, 2006): A new study comparing European and US corporate privacy practices reveals that while European companies impose tighter restrictions on the sharing of sensitive personal data, US companies currently have more sophisticated systems in place to prevent breaches.

The study, sponsored by global law firm White & Case as part of its annual Global Privacy Symposium, which will be held Thursday, April 27 in New York, was conducted by the independent privacy think tank Ponemon Institute. The study surveyed 47 US and European multinationals on eight privacy practices, including privacy policy; communications and training; privacy management; data security methods; privacy compliance; choice and consent; cross-national standards; and redress. The survey questions were reviewed by two European data protection authorities, The Information Commissioner's Office of the UK and The Commission Nationale de l'Informatique et des Libertes (CNIL) in France.

CHINESE COMPANIES FOCUSED ON ASIAN ACQUISITIONS SAYS WHITE & CASE POLL

Chinese Business Leaders Reveal Asia as Their Investment Destination of Choice

August 10, 2005

Deals involving Chinese acquirers and high-profile US and European targets may grab the headlines, but most of China

WHITE & CASE ANNOUNCES DOUBLE FINANCE HIRE

Firm Continues to Build on Existing Structured Finance and High Yield Expertise

July 29, 2005

White & Case has appointed two new legal counsel, with 23 years of legal practice experience between them, bolstering its capital markets expertise in the areas of structured finance and high yield.

Christopher Whiteley joins the London office

WHITE & CASE ACTS IN

WHITE & CASE ADVISES ON

WHITE & CASE GEARS UP FOR AFRICAN GROWTH WITH NEW LEADERSHIP IN JOHANNESBURG OFFICE

Firm Focuses on Natural Resources Expertise to Drive Growth

July 15, 2005

White & Case is bolstering its Johannesburg team in preparation for a concerted drive in the sub-Saharan region. In the move, partner Tanneke Heersche will be appointed to the role of executive partner for the office, with an additional three associates joining the practice. The new additions will increase the number of on-the-ground lawyers in White & Case

WHITE & CASE ACTS ON TURKEY'S LARGEST EVER SECURITISATION

$1.433 Billion Deal also Largest Wrapped Bond by Turkish Borrower

July 13, 2005

White & Case has acted on Turkey

WHITE & CASE ADVISES ABU DHABI WATER & ELECTRICITY AUTHORITY ON $2.9 BILLION PROJECT FINANCING

Fifth ADWEA IWPP Project on which White & Case has Advised

July 7, 2005

White & Case represented the Abu Dhabi Water & Electricity Authority (ADWEA) and the government of the Emirate of Abu Dhabi as international counsel in relation to the $2.9 billion project financing of ADWEA

WHITE & CASE SCOOPS AWARD DOUBLE

Firm Named 'US Law Firm of the Year,' with Qatargas II Team Named 'Infrastructure Team of The Year'

June 30, 2005

White & Case this week garnered two prestigious accolades at the annual awards staged by UK legal magazine, The Lawyer. The Firm was named 'US Law Firm of the Year' for its stellar commercial performance in the UK, driven by positive management, heavy investment in building the Firm's London operations and a clear and unerring focus on client service.

In addition, the White & Case team that advised the sponsors, ExxonMobil and Qatar Petroleum, on the leviathan Qatargas II liquid natural gas project financing was named 'Infrastructure Team of the Year' for its role in bringing the landmark deal to a successful close. The transaction is the largest ever energy project financing and the third largest project financing ever completed and set numerous technical precedents.

Commenting on the double win, Peter Finlay, Senior Partner at White & Case in London said: 'We've invested heavily in London during the last few years to meet the needs of our clients. Four-and-a-half years ago we had 60 lawyers in London, now we have more than 250. London is a critical hub for us in terms of servicing clients effectively and efficiently in our global network and we're delighted that both our commitment and success here continue to be recognised.'

About White & Case

White & Case is a leading global law firm with nearly 1,900 lawyers in 38 offices in 25 countries. Global Counsel consistently ranks White & Case among the top global law firms. White & Case has also been named Best US Law Firm in London, Eastern Europe Law Firm of the Year and Eastern Europe Corporate/M&A Firm of the Year by leading legal benchmark publications.

In January 2005 White & Case received the Banking and Finance team of the year award at the Legal Business awards, and in March 2005 was named Law Firm of the Year, 2005, in both Russia and Hungary by IFLR magazine. In June 2005 the Firm was named US Law Firm of the Year by The Lawyer magazine.

Contact:

James Martin

Media Relations Manager, EMEA

White & Case LLP

44 0 20 7532 2853/ 44 0 7939 012 011

jmartin@london.whitecase.com

LEGISLATION FALLS SHORT IN PROMOTING NEEDED ENERGY INVESTMENT SAYS WHITE & CASE LAWYER

Political Battles Over Siting Make Energy Companies Reluctant to Invest in Needed Infrastructure

June 28, 2005

Despite today

WHITE & CASE ADVISES ON GERMAN DEFENSE INDUSTRY PFI FIRST

Firm Predicts Increase in Deployment of PFI Model by German Government

June 27, 2005

White & Case represented a consortium of four leading manufacturers in the defense and flight simulator industry on one of the first private finance initiatives (PFIs) with the German Ministry of Defense and the first for the construction of flight simulators.

Under the terms of the deal the Ministry has entered into an 18-year operating agreement with a German consortium, Flight Helicopter Training Services GmbH, worth an aggregate value of approximately

WHITE & CASE IN MAMMOTH $3.3BN TURKISH FINANCING

Transaction Believed to be the Largest Amount of Debt Ever Raised by a Turkish Company

June 23, 2005

White & Case's Istanbul team is acting for Cukurova Holding A.S. ('Cukurova'), a major Turkish holding company, in a $3.3 billion financing deal with Alfa Group, one of Russia's largest privately owned financial and industrial conglomerates. In the two-part transaction, Alfa Group granted Cukurova a $1.707 billion six-year term loan, as well as purchasing $1.593 billion of convertible bonds issued by a Cukurova subsidiary, with a maturity date of 2011. The bonds can be converted 18 months after issuance and give Alfa Group the opportunity to take an indirect 13.22 per cent stake in Turkcell, Turkey's leading mobile telephony operator.

The transaction is subject to regulatory approvals and is expected to complete in the third quarter of 2005. Cukurova will use the sum raised to repay its debt to the Turkish State Deposit Insurance Fund and to repurchase the Turkcell shares held by Yapi ve Kredi Bankasi A.S., a Turkish bank in which Cukurova formerly held a controlling stake.

Turkcell is Turkey's only New York Stock Exchange quoted company (symbol: TKC), holds an approximate two-thirds share of the Turkish mobile telephony market and reported revenues of $3.2 billion for 2004.

The financing is the second major transaction that White & Case has advised Cukurova on in as many months, with the two deals totaling $4.71 billion: White & Case recently advised Cukurova in its sale of a controlling stake in Yapi ve Kredi Bankasi A.S. to Koc Financial Services A.S. for

WHITE & CASE RANKS IN TOP SPOTS IN CHAMBERS USA 2005 SURVEY

June 23, 2005

White & Case LLP ranked among the top US law firms across numerous legal practice areas in the third survey of the US legal profession by Chambers USA: America

CONSTITUTION'S REJECTION PORTENDS STALL IN EUROPEAN INTEGRATION

Alastair Sutton, White & Case EU Law Authority, Sees Period of Drift

June 22, 2005

The failure of the European Constitution in recent referenda in France and the Netherlands is a 'grave setback for European integration,' but is unlikely to lead to the European Union's disintegration, according to White & Case partner Alastair Sutton, a leading authority on EU law.

In a white paper analyzing the causes and effects of the resounding electoral defeats of the Constitution in two of the EU's core Member States, Sutton, a lawyer in Brussels for 32 years, half that time working inside the European Commission, says strong political leadership is essential now to move the 'European project' forward. However, he cautions, there currently does not appear to be the political will among the Member States to summon the necessary leadership.

'The rejection of the Constitution by the French and Dutch electorates is a grave setback for the process of European integration, [but] it nonetheless needs to be placed in perspective,' Sutton states in his analysis. 'If further integration is likely to be on hold, the prospects of disintegration, at least in the short term, are equally remote. The most likely outcome is 'standstill' rather than 'rollback.''

Sutton, who prior to going into private practice held numerous EC posts, including head of the financial services department, and who teaches European and international trade law at University College London, said that the Constitution was a scapegoat that fell victim to the 'wider European malaise': the notion that the institutions of the EU are remote from the concerns and unresponsive to the will of Europe's citizenry.

Sutton notes: 'The remarkable progress achieved over the last 20 years has come at a price, that is generally expressed in terms of the 'democratic deficit,' whereby the 'broadening and deepening' of European integration (more Member States, an increasingly diverse and technical agenda, more jargon and acronyms, un-transparent committees, increasingly voluminous legislation) have given the public an impression of a system that is irrelevant to them and beyond their control.'

Sutton cautions that, while the setbacks for Constitution will stall progress, Europe can ill-afford an extended period of 'navel-gazing, leading to weakness through fragmentation.' The challenges of the Europe's transatlantic relationship with the United States and the emergence of Asian economic superpowers in China and India underscore the 'fast-moving, dangerous and competitive global situation in which the EU now finds itself.'

Sutton expects that further EU enlargement will be put on indefinite hold: the timeline for Bulgarian and Romanian accession in 2007 is questionable, and eventual membership for Turkey and the Western Balkan applicants is increasingly in doubt.

The task ahead in the short term is to retrench and consolidate: 'In due course,' Sutton writes, 'the debate will have to be resumed in order to define the EU's future. Old assumptions can no longer be taken for granted. The EU needs a new raison d'

WHITE & CASE ADVISES AVIATION CAPITAL IN $2.65B ACQUISITION OF BOULLIOUN AVIATION SERVICES

June 17, 2005

White & Case LLP announced that it has advised Aviation Capital Group Corp. in its completed $2.65 billion acquisition of Bellevue, WA-based Boullioun Aviation Services from German bank WestLB AG.

The Firm advised Aviation Capital Group (ACG) on all aspects of the transaction, including the acquisition, financing, various tax and regulatory matters around the world and the Export Credit Agencies negotiations in Europe. The transaction included, among other things, the acquisition of 102 commercial aircraft, 11 Airbus airplanes currently on order, various management contracts and other assets of Boullioun Aviation Services.

Newport Beach, California-based Aviation Capital Group is a subsidiary of Pacific LifeCorp., the parent company of Pacific Life Insurance Co. It decided to acquire Boullioun, an aircraft leasing company, to help solidify its spot as one of the top five aircraft operating lessors in the world.

'This transaction was one of the most complex I

NEW PARTNER CHRISTOPHER KANDEL BOOSTS WHITE & CASE'S BANK FINANCE PRACTICE

Firm also Grows Team by 10 Percent with Raft of Associate Hires

June 13, 2005

White & Case

WHITE & CASE ACTS ON LANDMARK

WHITE & CASE LAWYER PIETER BEKKER RECEIVES BURTON AWARD FOR DISTINGUISHED LEGAL WRITING

Fourth Straight Year White & Case Lawyer Has Been Honored

June 7, 2005

Pieter H.F. Bekker, counsel in White & Case

NINE WHITE & CASE LAWYERS HONORED FOR PRO BONO WORK

Annual Awards Recognize Lawyers for Pro Bono Work Across Diverse Fields

May 31, 2005

Nine lawyers at White & Case LLP are to be recognized tonight for their outstanding contributions to pro bono legal service at the Firm

EUROPEAN HIGH COURT OVERTURNS SWEDISH PHARMACY MONOPOLY

Victory For White & Case Client Krister Hanner and Swedish Retailers In General

May 31, 2005

The European Court of Justice in Luxembourg today issued a decision in favor of White & Case clients Krister Hanner and the Swedish retailers

WHITE & CASE ADVISES ON GERMAN RETAIL ACQUISITION

May 27, 2005

White & Case is advising Germany

HEALTH CARE FRAUD PROSECUTOR KEIR DOUGALL JOINS WHITE & CASE

Dougall Served Nearly 10 Years as an Assistant US Attorney in New York and Philadelphia

May 24, 2005

White & Case LLP announced that Keir Dougall, formerly an Assistant US Attorney, recently joined as counsel in the Firm

WHITE & CASE LITIGATOR TO JOIN UK FINANCIAL REGULATOR AS DIRECTOR OF ENFORCEMENT

May 17, 2005

Margaret Cole, partner in White & Case

WHITE & CASE CLIENT TREK 2000 VICTORIOUS IN PATENT SUIT

Singapore High Court Finds Trek

WHITE & CASE BOOSTS GERMAN FINANCE PRACTICE WITH TWO NEW ARRIVALS

May 13, 2005

White & Case

EMPLOYMENT LAWYER SHARON PARELLA JOINS WHITE & CASE AS PARTNER

May 11, 2005

White & Case today announced that Sharon Parella has joined as a partner in the Firm

WHITE & CASE BOOSTS FRENCH AND REAL ESTATE PRACTICES IN WARSAW WITH ARRIVAL OF TWO PARTNERS

April 21, 2005

Highly experienced partners Jean Rossi and Jolanta Kaleci

M&A LAWYER THOMAS S. HEATHER JOINS WHITE & CASE AS PARTNER IN MEXICO CITY

April 15, 2005

White & Case today announced that one of Mexico's leading lawyers, Thomas S. Heather, has joined as a partner in the Firm. Heather will be based in the Firm's Mexico City office.

Heather has ample experience in the areas of restructurings, mergers and acquisitions, banking, securities and corporate governance, in which he has actively participated for more than 20 years. In addition, Heather has been at the forefront of significant alternative dispute resolution and trade-related initiatives.

The addition of Heather will further strengthen the Firm's position in the increasingly important Mexican market and his experience and perspectives will contribute to the excellence for which the Firm is recognized.

White & Case opened its office in Mexico City in 1991, becoming the first international law firm to practice under its own name in the country. Since then, the Firm has continued to grow, and now has a satellite office in Monterrey, the country's prosperous northern industrial center.

About White & Case

White & Case LLP is a leading global law firm with 1,900 lawyers practicing in 38 offices in 25 countries. Global Counsel consistently ranks White & Case among the top global law firms.

Contact:

Josh Karlen

Media Relations Manager

White & Case

1 212 819 8519

jkarlen@whitecase.com

WHITE & CASE ACTS ON $4.5B OF EMERGING MARKET SECURITIES ISSUES

Capital Markets Team Predicts Bumper Year Ahead Following White Hot 2004

April 15, 2005

White & Case

NEW HIRES BOLSTER WHITE & CASE'S WHITE-COLLAR DEFENSE PRACTICE

Former SEC Assistant Regional Director G. William Currier and Assistant US Attorney Maria N. Lerner Join Firm

April 13, 2005

White & Case today announced that former SEC Assistant Regional Director and Senior Trial Counsel G. William Currier has joined as a partner, and former Assistant US Attorney Maria N. Lerner has joined as an associate in the Firm

WHITE & CASE ACTS ON

DATA SECURITY BREACHES NO LONGER 'DIRTY SECRET' SAYS WHITE & CASE LAWYER

April 12, 2005

Today's announcement of a massive theft of personal data from the LexisNexis computer systems, and numerous similar recent announcements, may suggest that computer security breaches are on the rise. But in reality, it is simply that new data privacy laws in California have begun forcing companies to disclose and respond to breaches that previously would have not been made public, says a noted privacy lawyer with White & Case.

'While this latest news and other breaches recently announced involving established, reputable companies have captured growing attention, there's no evidence that the overall number of security breaches is on the rise. Rather the increasing crescendo of security breach disclosures is a consquence of the California statute requiring database owners to notify California residents, essentially one out of every eight Americans, of breaches involving their data. The era characterized by the industry's 'dirty little secret' - that only a tiny percentage of breaches are ever disclosed - is over,' said White & Case privacy and intellectual property lawyer David Bender, author of the four-volume Computer Law: Software Protection and Litigation.

Bender added that while the enhanced disclosure requirements may shine perhaps an unwelcome spotlight on the disclosing companies and the problem of data theft in general, the statute actually fits in well with the way businesses operate in the United States.

'The statute does not create a heavy bureaucracy or set forth a long list of detailed rules. Instead it invokes Adam Smith's 'invisible hand' and works by indirection. Most of all, it makes it in the company's interest to tend adequately to security,' said Bender.

Moreover, the California statute, and the subsequent disclosures on the part of companies, is prompting the federal government to begin moving in a similar direction.

'Currently, the US lacks a comprehensive national law regarding data privacy, though numerous privacy bills are pending before Congress. However, while we anticipate that some sort of federal legislation will be enacted, it remains to be seen what the final form will be,' said Bender.

The latest news concerning a security breach of personal data came just as Bender and several of his White & Case colleagues were addressing a group of privacy officers and other business executives at White & Case's 5th Annual Global Privacy Symposium in New York and London (for more information on the Symposium, please visit www.whitecase.com/privacy).

At the symposium, Bender said many security breaches involve highly sensitive personal identification such as names, addresses, social security numbers, drivers license numbers and credit reports being stolen. The hackers who break into computer systems and take information often use it to raid consumer bank accounts, obtain false passports and drivers licenses and generally 'assume' the victim's identity. In one case, a major US bank reported that data on some 1.2 million federal employees - including some US Senators - was stolen apparently from back-up tapes being shipped to storage.

Current government estimates said identify theft costs US consumers and businesses $50 billion annually, and that doesn't include the costs of security breaches and any subsequent litigation that may arise.

'Public companies that experience a privacy breach also need to consider the disclosure implications under federal securities laws,' said Bender. 'Failure to disclose a privacy breach while trading in company stock could trigger liability and even spark an investigation by the SEC.'

In the meantime, Bender recommends that the best way for companies to protect themselves from liability is to familiarize themselves with current data privacy laws in the United States, the European Union and other jurisdictions in which they do business to ensure compliance with those laws, and work closely with security experts to explore more effective ways to restrict break-ins.

White & Case's privacy lawyers counsel clients on all aspects of privacy law, including cross-border data transfer, compliance with laws in various jurisdictions, privacy policies, the right to monitor employee electronic communications and specific procedures that may be helpful in avoiding privacy-related litigation. The Firm's privacy practice pioneered a proprietary methodology for conducting privacy data protection audits, which identifies and analyzes, in detail, the client's collection, use, disclosure, and cross-border transfer of personal information and provides advice as to necessary modifications to the company's policies and practices.

About White & Case

White & Case LLP is a leading global law firm with 1,900 lawyers practicing in 38 offices in 25 countries. Global Counsel consistently ranks White & Case among the top global law firms.

Contact:

Sandi Sonnenfeld

Media Relations Manager

White & Case

1 212 819 8299

ssonnenfeld@whitecase.com

WHITE & CASE OBTAINS RECORD-SETTING ICSID ARBITRATION AWARD FOR LEADING CZECH BANK

April 1, 2005

In an important victory for White & Case client

NOTED TAX LAWYER GERALD ROKOFF JOINS WHITE & CASE AS PARTNER

April 1, 2005

White & Case today announced that Gerald Rokoff has joined as a tax partner in the Firm

WHITE & CASE ADVISES ON LARGEST RUSSIAN CONSUMER SECTOR IPO SINCE 2002

Russian Equity Markets in Good Health

March 30, 2005

White & Case acted on the largest Russian consumer sector Initial Public Offering (IPO) since 2002, representing JSC Lebedyansky, the leading Russian producer of fruit juices, in an offering by several of the company

WHITE & CASE AN M&A LEADER IN 2004

Firm Ranked Second Globally in Number of Deals Closed Last Year

February 28, 2005

White & Case

WHITE & CASE ADVISES NEWMONT MINING ON $600 MILLION NOTE OFFER

March 23, 2005

White & Case advised US mining giant Newmont Mining Corp. on its sale of $600 million of 30-year notes.

The sale of the 5.875% notes due 2035 was completed on Tuesday.

Newmont will use the proceeds for capital investments and for general corporate purposes.

The White & Case team consisted of partners Maureen Brundage, John Narducci and Kenneth Raskin in New York, counsel Mark Hamilton and associates Martin Glass, Maryanne O

WHITE & CASE STRUCTURED FINANCE DEALS SCOOP TRIO OF AWARDS

March 22, 2005

Three deals on which White & Case

PRIVATIZATION OF US TOLL ROADS GAINS SPEED

March 21, 2005

After privatization of US infrastructure slowed significantly in the 1990s, the concept is rapidly gaining speed now that several international private-public toll road projects have proven successful, according to a project finance lawyer with White & Case.

'US states and municipalities are taking a look at many of the structuring and financing techniques and newer tolling technologies employed by overseas transportation projects to see if such techniques can be applied to US projects. Some of those techniques include shadow tolls, managed lanes, free-flow tolling technologies and innovative lease structures that combine public and private financing sources,' said project finance lawyer Ned Neaher, who has advised on numerous toll road projects in Latin America and Europe. 'Public-private partnerships are now viewed by states and municipalities as an attractive method to obtain budgetary support while ensuring first-class transportation infrastructure is provided to their citizens.'

Neaher says that throughout the country, state governments and municipalities are making the decision to privatize toll roads, bridges and other vital infrastructure in an effort to combat state funding shortages and reduce procurement costs. California Governor Arnold Schwarzenegger recently unveiled a three-prong plan to reduce traffic congestion, including legislation that would allow private construction of toll roads. To offset its $100 billion transportation deficit, Colorado

APPEALS COURT FINDS FOR WHITE & CASE CLIENT UPSHER-SMITH IN KEY ANTITRUST CASE

Decision Critical of FTC For Challenging Upsher-Smith

THREE IP LAWYERS JOIN WHITE & CASE'S PALO ALTO OFFICE

Team Joins Former Colleague William Coats

March 15, 2005

White & Case LLP today announced that one of Silicon Valley

WHITE & CASE ADVISES ON LANDMARK RESTRUCTURING DEAL IN MEXICO

Corporaci

ITC SEMICONDUCTOR CASE TERMINATED

$175 Million Settlement for White & Case Client Taiwan Semiconductor Manufacturing Co.

March 15, 2005

Today, US International Trade Commission (ITC) Administrative Law Judge Sidney Harris issued a decision terminating (based on a settlement agreement) an action by White & Case client Taiwan Semiconductor Manufacturing Co. (TSMC) against Semiconductor Manufacturing International Corp. (SMIC) under 'Section 337' of the 1930 Tariff Act alleging that Shanghai-based SMIC had stolen TSMC

APPELLATE VICTORY IN ARBITRATION AWARD ENFORCEMENT

Case Remanded to Arbitration Panel Almost a Decade Later

March 7, 2005

The United States Court of Appeals for the Tenth Circuit handed White & Case client RWE Nukem, Inc. a major victory in a long-running dispute against U.S. Energy Corporation regarding the enforcement of an arbitration award rendered almost a decade ago. White & Case had taken on representation in the case after two prior unsuccessful appeals and a new judgment entered against Nukem.

In U.S. Energy Corp. and Crested Corp. v. Nukem, Inc. and Cycle Resource Investment Corporation (Tenth Circuit, Feb. 24, 2005, Case No. 03-1444, 03-1451), the Court of Appeals vacated a $20 million District Court Judgment against Nukem and rejected U.S. Energy

SCOTT M. ZEMSER JOINS WHITE & CASE AS PARTNER

March 1, 2005

White & Case today announced that Scott M. Zemser has joined the Firm as a partner in the New York office's Bank Finance and Capital Markets practices.

Mr. Zemser joins White & Case from Paul, Hastings, Janofsky & Walker LLP in New York, where he headed up the New York Banking and Institutional Finance group. Mr. Zemser concentrates his practice on domestic and international banking and finance, workouts and restructurings. Mr. Zemser has more than 15 years of extensive experience representing banks and investment banks in a broad range of secured and unsecured debt offerings, including acquisition, bridge and asset-based financings. He also has broad experience in the retail, chemical, manufacturing, automotive, health care and technology industries.

'Scott's addition further strengthens our premier banking and capital markets team and deepens existing relationships with our banking and investment banking clients,' said Eric L. Berg, head of the Firm's global Bank Finance Practice Group. 'We are delighted to welcome Scott to the Firm.'

Mr. Zemser is listed in the Euromoney/IFLR Expert Guide to the World's Leading Banking Lawyers.

'With its world-renowned bank finance and capital markets practices, White & Case offers clients an extraordinary depth of resources and experience,' said Mr. Zemser. 'White & Case has excellent long-standing relationships with the major banks and investment banks, including many of those which are existing clients of mine. I'm tremendously excited to be joining White & Case.'

About White & Case

White & Case LLP is a leading global law firm with 1,900 lawyers practicing in 38 offices in 25 countries. GlobalCounsel consistently ranks White & Case among the top global law firms.

Contact:

Josh Karlen

Media Relations Manager

White & Case

1 212 819 8519

jkarlen@whitecase.com