Rick Chance, Head of KPMG Corporate Finance's Special Situations Advisory Group, quoted in Wall Street Journal

June 6, 2008

On June 6, 2008, Rick Chance, Head of the Special Situations Advisory Group at KPMG Corporate Finance, was quoted in the Wall Street Journal in Michael Corkery's article "Real-Estate Woes of Banks Mount." This article focuses on the credit crisis surrounding loans to home and condo builders.

Rick Chance Quote:
"We've seen a real change in the market," Says Ricardo Chance, a managing director at KPMG Corporate Finance LLC, who is helping troubled builders restructure their business. "Finally the banks are capitulating and saying, "Let's mark to market and flush this all out.' The market is going to get worse. We don't want to hold on to this stuff."

About KPMG Corporate Finance LLC

KPMG Corporate Finance LLC is a leading financial adviser serving domestic and international clients. KPMG Corporate Finance offers a full suite of investment banking and advisory services and the experience and depth of knowledge in global M&A and project finance to advise clients on mergers and acquisitions, sales and divestitures, buy-outs, financings, restructurings, fairness opinions, infrastructure project finance and other advisory initiatives. Operating in 51 countries, KPMG's Corporate Finance practice comprises more than 1,800 professionals who are able to meet the needs of KPMG's firms’ clients across the globe. In 2007, as a leading financial adviser, KPMG's Corporate Finance practice completed 450 deals totaling US$27.5 billion, according to Thomson Financial’s global M&A league tables.