White & Case Joined by Debt and Equity Capital Markets Partner in South Africa Push

Firm Continues to Expand Corporate Finance and Leveraged Finance Capabilities

London / Johannesburg August 1, 2007 ... White & Case has continued the growth of its finance capabilities across Europe, the Middle East and Africa (EMEA) with the arrival of US Securities partner Gabor Molnar. Gabor will initially be based in London, before relocating to the Firm's Johannesburg office.

Gabor has extensive and broad-based US securities and debt and equity capital markets experience, primarily advising European and South African companies and private equity firms in accessing the international and US debt and equity capital markets. Most recently he has focused on representing private equity firms and their portfolio companies in South Africa in leveraged finance transactions involving offerings of high yield debt securities in the international capital markets. Gabor has also advised clients on securities offerings and cross-border business combination transactions regulated by the US Securities and Exchange Commission (SEC), as well as listings of debt and equity securities on various stock exchanges in the US and the European Union. Gabor also assisted companies in respect of ongoing SEC reporting and stock exchange listing requirements, including the Sarbanes-Oxley Act.

"Last year the South African M&A market was dominated by private equity, Black Economic Empowerment and cross-border investment. With current growth rates forecast at 5-6% for the South African economy and general regional economic and political buoyancy, we expect continued growth in the South African market," commented White & Case partner Tanneke Heersche, head of the Firm's Johannesburg office.

Gabor's arrival is part of the Firm's ongoing strategy to expand both its US- and English-law banking and debt and equity capital markets capabilities across EMEA in order to provide cross-border coverage to clients. White & Case is one of the few international law firms to have an on-the-ground presence in South Africa. From the Johannesburg base he will continue to work closely with the London banking and debt and equity capital markets team, which supports the Firm's banking and debt and equity capital markets capabilities across EMEA.

"Gabor's arrival will enhance our hands-on support to clients in the South African and broader African market and will enable us to assist clients with their offshore financing needs," noted White & Case partner Rachel Hatfield, head of the Firm's High Yield Practice in London.

White & Case regularly advises clients across EMEA on international debt and equity capital markets transactions.

About White & Case
White & Case LLP is a leading global law firm with more than 2,000 lawyers in 35 offices in 23 countries. Our clients value the breadth and depth of our US, English and local law capabilities and rely on us for their complex cross-border commercial and financial transactions and for international arbitration and litigation. Whether in established or emerging markets, the hallmark of White & Case is our complete dedication to the business priorities and legal needs of our clients.

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27 11 245 0922


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