MM_Samples___Goldin Associates Company Brochure

ASIA GLOBAL CROSSING FIRST CAPITAL HOLDINGS MANAGEMENT BRUNO’S MEDPARTNERS/CAREMARK WOOD RIVER CAPITAL MANAGEMENT GLASSTECH FOODS UNITED MERCHANTS AND MANUFACTURERS FA C TO RY Q W E S T C O M M U N I C AT I O N S I N T E R N AT I O N A L GROSSMAN’S ELMAN RICHARDSON CANYON RANCH G R A N D C O U RT L I F E S T Y L E S T R U M P O R G A N I Z AT I O N & C O M M U N I C AT I O N S S TA R B A N D C O M M U N I C AT I O N S WA R N A C O / T H E L O VA B L E C O M PA N Y T O M’S F O O D S R E A LT Y W. R.G R A C E / S E A L E D A I R H A N D Y & H A R M A N HOLDINGS HORSEHEAD RESOURCE DEVELOPMENT F I N A N C E C O R P. P H A R M A C Y F U N D M C I / W O R L D C O M G O L D I M PAT H L O N G J O H N S I LV E R ’ S R E S TA U R A N T S C O R P. M O R T G A G E L E N D E R S N E T W O R K G M A C B A N K S T E R L I N G O P T I C A L I N T E R M E D I A C O M M U N I C AT I O N S D E P C O R P. I N T E R B A N K F U N D I N G A R M S T R O N G W O R L D R E T I R E M E N T T R U S T S U M N E R S TAT I O N M A G N AT R A X A S S O C I AT E D C A P I TA L I N V E S T O R S PA C E U N I V E R S I T Y BURNHAM LAMBERT SEMGROUP GRANITE PARTNERS AMERICA SMARTALK TELESERVICES THORNBURG RESIDENTIAL CAPITAL MXENERGY FGIC SYNCORA R E S M OR TRUST ISM ADVISORS 111 JOHN STREET TECHNOLOGIES BELDING SPORTS HEXION/HUNTSMAN BEAN & WHITAKER THERMAFIBER CARLTON COVE D E V E L O P M E N T C I T Y S C A P E V I C TO R I A C R E AT I O N S B R A S S T R U S T M E Z Z O N E N U.S. S A L E R N O P L A S T I C S M O TO R CORAM HEALTHCARE SIZZLER RESTAURANTS R S L C O M M U N I C AT I O N S C RY O VA C C O U D E RT B R O T H E R S

REFCO ENRON NORTH AMERICA NRG COLOR TILE COPPERFIELD INVESTMENTS NORTH SHORE ASSET P S I N E T C O N S U LT I N G S O L U T I O N S AT H L E T E’S F O O T V L A S I C F O O D S I N T E R N AT I O N A L / S WA N S O N F R O Z E N R F B C E L L U LA R A M E R I C A N B L I N D A N D WA L L PA P E R UNIVERSITY OF THE SCIENCES IN PHILADELPHIA AMERICAN ROCKWOOL ANCHOR GLASS CONTAINER H U D S O N VA L L E Y F I NAN C I A L S E RV I C E S LO R A L S PA C E R I E S E O R G A N I Z AT I O N H A R N I S C H F E G E R I N D U S T R I E S ABOVENET / METROMEDIA FIBER NETWORK SARWYN TUTTLE PAPPOCK / CIRCLE K M C O R P BUCYRUS-ERIE SEA SPECIALTIES DILORENZO PROPERTIES STUDENT H A R R I S B U R G tribune R . A . B . H O L D I N G S P E G A S U S A L P I N E P C S I N T E R S TAT E B A K E R I E S N O RT H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S MONARCH CAPITAL REDDING LIFE CARE TOWER AIR NORTH COUNTY RECYCLING CENTER DISTRICT 65 B A R N A C L E S E A F O O D C U Y A H O G A E Q U I P M E N T C O R P. CRYSTAL BRANDS YOUNG BROADCASTING DRE X E L A D E L P H I A C O M M U N I C AT I O N S P O W E R C O M PA N Y O F T O B I A S / C I R C L E T F U N D S N AT I O N A L A M U S E M E N T S P O I N T B L A N K S O L U T I O N S B O S TO N G E N E R AT I N G L O M A S F I N A N C I A L A B I T I B I B O WAT E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , ROCKEFELLER CENTER PROPERTIES MARSH’S EDGE IMPERIAL HOME DÉCOR GROUP WYNDHAM HOMES RIVER RANCH LEXINGTON PRECISION BURLINGTON E N Z Y M AT I C T H E R A P Y Q U I G L E Y LY O N D E L L B A S E L L

For over twenty years, Goldin Associates LLC and financial challenges or transactional has been delivering innovative and incisive opportunities, often where time is financial consulting services to clients across critical, with focused teams of seasoned a broad array of industries. We focus on professionals that ensure the highest maximizing value in the face of operational quality of service. ASIA GLOBAL CROSSING FIRST CAPITAL HOLDINGS MANAGEMENT BRUNO’S MEDPARTNERS/CAREMARK WOOD RIVER CAPITAL MANAGEMENT GLASSTECH FOODS UNITED MERCHANTS AND MANUFACTURERS FA C TO RY Q W E S T C O M M U N I C AT I O N S I N T E R N AT I O N A L GROSSMAN’S ELMAN RICHARDSON CANYON RANCH G R A N D C O U RT L I F E S T Y L E S T R U M P O R G A N I Z AT I O N & C O M M U N I C AT I O N S S TA R B A N D C O M M U N I C AT I O N S WA R N A C O / T H E L O VA B L E C O M PA N Y T O M’S F O O D S R E A LT Y W. R.G R A C E / S E A L E D A I R H A N D Y & H A R M A N HOLDINGS HORSEHEAD RESOURCE DEVELOPMENT F I N A N C E C O R P. P H A R M A C Y F U N D M C I / W O R L D C O M G O L D I M PAT H L O N G J O H N S I LV E R ’ S R E S TA U R A N T S C O R P. M O R T G A G E L E N D E R S N E T W O R K G M A C B A N K S T E R L I N G O P T I C A L I N T E R M E D I A C O M M U N I C AT I O N S D E P C O R P. I N T E R B A N K F U N D I N G A R M S T R O N G W O R L D R E T I R E M E N T T R U S T S U M N E R SS TTAATT II OO NN MMAAGGNNAATTRR AA XX A S S O C I AT E D C A P I TA L I N V E S T O R S PA C E U N I V E R S I T Y BURNHAM LAMBERT SEMGROUP GRANITE PARTNERS AMERICA SMARTALK TELESERVICES THORNBURG RESIDENTIAL CAPITAL MXENERGY FGIC SYNCORA R E S M OR TRUST ISM ADVISORS 111 JOHN STREET TECHNOLOGIES BELDING SPORTS HEXION/HUNTSMAN BEAN & WHITAKER THERMAFIBER CARLTON COVE D E V E L O P M E N T C I T Y S C A P E V I C TO R I A C R E AT I O N S B R A S S T R U S T M E Z Z O N E N U.S. S A L E R N O P L A S T I C S M O TO R CORAM HEALTHCARE SIZZLER RESTAURANTS R S L C O M M U N I C AT I O N S C RY O VA C C O U D E RT B R O T H E R S Goldin Associates partners with senior management, boards of directors, shareholders, creditors and lenders to assess key revenue drivers and costs, identify viable business alternatives and develop strategic action plans. Drawing on its deep expertise with restructuring processes, its unsurpassed dedication to client service and its fundamental commitment to integrity, Goldin Associates helps clients to embrace and profit from, rather than overlook or shy away from, the opportunities and challenges that change and growth present.

REFCO ENRON NORTH AMERICA NRG COLOR TILE MCI / WorldCom – Financial advisor to the bondholders of Intermedia Communications, Inc., a subsidiary of WorldCom.  Goldin Associates helped develop a plan of reorganization under which senior Intermedia bondholders received stock and other consideration valued at 93% of bond claims. Residential Capital (ResCap) – Advised the independent directors of ResCap in connection with various transactions between the company and GMAC, its corporate parent. Goldin Associates valued complex assets and provided fairness opinions in connection with transactions involving the sale of ResCap’s interest in GMAC Bank, the sale of ResMor Trust (Canadian subsidiary), the sale of a broker-dealer and the extension and expansion of credit. National Amusements – Financial advisor to a principal creditor group in connection with the successful out-of-court negotiation of credit amendments and intercreditor agreements needed to avoid bankruptcy of the holding company of CBS and Viacom. Goldin’s clients received security interests in substantially all of the company’s assets and obtained waivers, releases and other significant consideration. COPPERFIELD INVESTMENTS NORTH SHORE ASSET P S I N E T C O N S U LT I N G S O L U T I O N S AT H L E T E’S F O O T V L A S I C F O O D S I N T E R N AT I O N A L / S WA N S O N F R O Z E N R F B C E L L U LA R A M E R I C A N B L I N D A N D WA L L PA P E R UNIVERSITY OF THE SCIENCES IN PHILADELPHIA AMERICAN ROCKWOOL ANCHOR GLASS CONTAINER H U D S O N VA L L E Y F I NAN C I A L S E RV I C E S LO R A L S PA C E R I E S E O R G A N I Z AT I O N H A R N I S C H F E G E R I N D U S T R I E S ABOVENET / METROMEDIA FIBER NETWORK SARWYN TUTTLE PAPPOCK / CIRCLE K M C O R P BUCYRUS-ERIE SEA SPECIALTIES DILORENZO PROPERTIES STUDENT H A R R I S B U R G tribune R . A . B . H O L D I N G S P E G A S U S A L P I N E P C S I N T E R S TAT E B A K E R I E S N O RT H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S MONARCH CAPITAL REDDING LIFE CARE TOWER AIR NORTH COUNTY RECYCLING CENTER DISTRICT 65 B A R N A C L E S E A F O O D C U Y A H O G A E Q U I P M E N T C O R P. CRYSTAL BRANDS YOUNG BROADCASTING DRE X E L A D E L P H I A C O M M U N I C AT I O N S P O W E R C O M PA N Y O F T O B I A S / C I R C L E T F U N D S N AT I O N A L A M U S E M E N T S P O I N T B L A N K S O L U T I O N S B O S TO N G E N E R AT I N G L O M A S F I N A N C I A L A B I T I B I B O WAT E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , ROCKEFELLER CENTER PROPERTIES MARSH’S EDGE IMP TEErRRanIRAsAaLNcHtCioOHnMaLElE aXDnIÉdNCGROTeROstNGruRPcORtuUErCPinIgWS IAYOdNNvDiBsHoUArRyML H O M E S RIV IN G T O N E N Z Y M AT I C T H E R A P Y Q U I G L E Y LY O N D E L L B A S E L L N av i g at i n g a n d p u r s u i n g s t r at e g i c a lt e r n at i v e s • Support parties in negotiations • Identify and assess strategic respecting the terms of financial alternatives restructurings and advise creditors, shareholders and other parties in • Help parties structure complex interest on improving recoveries agreements relating to sale and leasing of assets • Assist in asset acquisition or disposition, including conducting • Provide fairness or solvency due diligence, marketing and closing opinions in connection with proposed transactions and restructurings • Evaluate and value businesses, subsidiaries and other assets and monitor financial performance

Refco – Served as interim management in connection with one of the largest bankruptcies in U.S. history. Goldin provided a CEO, CRO and CFO to manage the wind-down of Refco’s global businesses, oversaw and monitored Refco’s various investments, directed the investigation of Refco’s financial affairs and interacted with various creditor constituencies. The firm developed and obtained expedited court approval of a largely consensual bankruptcy plan that provided creditors much higher recoveries than had been expected. Syncora Guarantee – Interim financial management and financial advisory services provided to a large monoline financial guarantor. Goldin Associates was responsible for overseeing the finance and accounting functions, including financial planning and reporting; its professionals helped mitigate losses in connection with an insured portfolio, including $80 billion in public and infrastructure finance and $50 billion in structured products. Young Broadcasting – Restructuring advisor to one of the largest independent U.S. television broadcast groups. Goldin Associates provided a CRO and management team that oversaw bankruptcy preparation, cash and liquidity management, business plan development, operational reorganization, financial reporting and budgeting, resulting in more than tripling trading value of secured debt from 30% to approximately 95% on emergence from bankruptcy. ASIA GLOBAL CROSSING FIRST CAPITAL HOLDINGS MANAGEMENT BRUNO’S MEDPARTNERS/CAREMARK WOOD RIVER CAPITAL MANAGEMENT GLASSTECH FOODS UNITED MERCHANTS AND MANUFACTURERS FA C TO RY Q W E S T C O M M U N I C AT I O N S I N T E R N AT I O N A L GROSSMAN’S ELMAN RICHARDSON CANYON RANCH G R A N D C O U RT L I F E S T Y L E S T R U M P O R G A N I Z AT I O N & C O M M U N I C AT I O N S S TA R B A N D C O M M U N I C AT I O N S WA R N A C O / T H E L O VA B L E C O M PA N Y T O M’S F O O D S R E A LT Y W. R.G R A C E / S E A L E D A I R H A N D Y & H A R M A N HOLDINGS HORSEHEAD RESOURCE DEVELOPMENT F I N A N C E C O R P. P H A R M A C Y F U N D M C I / W O R L D C O M G O L D I M PAT H L O N G J O H N S I LV E R ’ S R E S TA U R A N T S C O R P. M O R T G A G E L E N D E R S N E T W O R K G M A C B A N K S T E R L I N G O P T I C A L I N T E R M E D I A C O M M U N I C AT I O N S D E P C O R P. I N T E R B A N K F U N D I N G A R M S T R O N G W O R L D R E T I R E M E N T T R U S T S U M N E R S TAT I O N M A G N AT R A X A S S O C I AT E D C A P I TA L I N V E S T O R S PA C E U N I V E R S I T Y BURNHAM LAMBERT SEMGROUP GRANITE PARTNERS AMERICA SMARTALK TELESERVICES THORNBURG RESIDENTIAL CAPITAL MXENERGY FGIC SYNCORA R E S M OR TRUST ISM ADVISORS 111 JOHN STREET TECHNOLOGIES BELDING SPORTS HEXION/HUNTSMAN BEAN & WHITAKER THERMAFIBER CARLTON COVE D E V E L O P M E N T C I T Y S C A P E V I C TO R I A C R E AT I O N S B R A OSOSR pTCeROraRUtASioMTnaMHl EEaAnZ dLZTOTHuNCrEnANaRrEoU.uSSn.IdZS ZACLLoEEnRRsuRNlEOtiSnTPgAL A S T I C S M O T U R A N T S R S L C O M M U N I C AT I O N S C RY O VA C C O U D E RT B R O T H E R S Improving operational and financial results • Act as interim managers, including • Review existing lines of business, officers or directors of a company new business opportunities, sales and marketing strategies and • Advise interested parties on financial management resources and/or operational issues • Conduct performance evaluations • Identify opportunities to increase revenues and reduce overhead and • Help companies negotiate other costs, conserve cash and use improved trade terms and better working capital more efficiently manage vendor and creditor relations • Assist stakeholders in developing, evaluating and/or executing business plans

Adelphia Communications – Financial advisor to a group of parent company bondholders who challenged the fairness of Adelphia’s plan of reorganization. Goldin Associates prepared a report and evaluation of the reasonableness of the settlement incorporated in the plan of reorganization and provided expert testimony during the Adelphia confirmation hearing. Hexion / Huntsman – Financial advisor to the principal lenders in litigation relating to the failed Hexion/Huntsman merger transaction. Goldin Associates provided litigation support and expert testimony on solvency, valuation and other issues, including expert and rebuttal reports. Lyondell Chemical – Litigation consultant to counsel for the principal lenders and investors as defendants against fraudulent conveyance claims stemming from the financing of Lyondell’s merger with Basell AF. Goldin Associates provided litigation support to counsel, assisting with analysis and preparation of expert and rebuttal reports and with testimony on solvency, valuation and other complex financial issues. REFCO ENRON NORTH AMERICA NRG COLOR TILE COPPERFIELD INVESTMENTS NORTH SHORE ASSET P S I N E T C O N S U LT I N G S O L U T I O N S AT H L E T E’S F O O T V L A S I C F O O D S I N T E R N AT I O N A L / S WA N S O N F R O Z E N R F B C E L L U LA R A M E R I C A N B L I N D A N D WA L L PA P E R UNIVERSITY OF THE SCIENCES IN PHILADELPHIA AMERICAN ROCKWOOL ANCHOR GLASS CONTAINER H U D S O N VA L L E Y F I NAN C I A L S E RV I C E S LO R A L S PA C E R I E S E O R G A N I Z AT I O N H A R N I S C H F E G E R I N D U S T R I E S ABOVENET / METROMEDIA FIBER NETWORK SARWYN TUTTLE PAPPOCK / CIRCLE K M C O R P BUCYRUS-ERIE SEA SPECIALTIES DILORENZO PROPERTIES STUDENT H A R R I S B U R G tribune R . A . B . H O L D I N G S P E G A S U S A L P I N E P C S I N T E R S TAT E B A K E R I E S N O RT H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S MONARCH CAPITAL REDDING LIFE CARE TOWER AIR N O YBRERLFSNILTioAtTPHAirgASeHCanCL/ILtCsAOiEoBiIcUnCRRSNFOACaEiTnLMnNAYdaEDFMnOSRTUcOEiYNFaDCOlIUYCSUCNCAuNUDTLpGYSIIpAONoBNHNGrRAtOSOTCGIAPEAOODNNEWCTAQAEELUSRRATI CPDIMMNOIUSGMESTNPEDRTAMRINCCEEYOTNX 6 5 B A R P. C R E L A D O F T O T S P Oi n Iv eNs tTi g aBt i Ln gAaNn dKv aSl uOi nLg Ub uTs iInOe s Ns e sS a nBd Oa Ss s Te t Os N G E N E R A T I N G L O M A S F I N A N C I A L A B I T I B I B O WAT E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , R O C K E F E L L E R C• PrEoviNde tTestEimRony oPn vRaluaOtionP, E R• ATssiIstEin Sthe rMevieAw oRf fiSnanHcia’l S E D G E I M P E R I A L H O M EsolveDncy,ÉdaCmagOes,Rloss cGausRatioOn, U PrepoWrtingYanNd coDntrHolsA M H O M E S R IVER RA NC H L fEeasXibiliIty,NfairGnesTs, reOliabNility oPf R E •YC eCcooInndLSoumcYIitc iOanOfvfeaNisrNstigoafDBtcioomnEUspaoLRnf itehLsLeoBnI N G T O N E NZYM AT IC T H EdatRa aAnd oPtheYr matQtersU I G L E A S E L L • Serve as consulting experts to behalf of the companies themselves, assist lawyers in understanding creditors, boards of directors, audit complex forensic financial committees, government agencies or issues, including relating to other interested parties claim evaluation or supporting or • Perform forensic financial reviews defending against claims into allegations of wrongdoing by insiders and affiliates

Enron North America – Examiner and financial advisor charged by the Bankruptcy Court with facilitating a bankruptcy plan for Enron’s principal subsidiary. Goldin Associates renegotiated the debtors’ joint plan of reorganization, resulting in a transfer of value of more than $1 billion to the ENA estates. Loral Space & Communications – Examiner tasked by the Bankruptcy Court with investigating and reporting on the processes and procedures employed by Loral and its professionals in valuing Loral’s assets and businesses. Goldin Associates concluded that the valuation processes and procedures were professionally acceptable, but did not fully capture Loral’s value. The Court ultimately determined that the value of Loral’s assets and businesses was substantially greater than the Debtor had claimed. Coudert Brothers – Examiner appointed by the Bankruptcy Court to investigate potential claims against former partners and successor firms of a large law firm. Successfully arrived at consensual compromises among interested parties. ASIA GLOBAL CROSSING FIRST CAPITAL HOLDINGS MANAGEMENT BRUNO’S MEDPARTNERS/CAREMARK WOOD RIVER CAPITAL MANAGEMENT GLASSTECH FOODS UNITED MERCHANTS AND MANUFACTURERS FA C TO RY Q W E S T C O M M U N I C AT I O N S I N T E R N AT I O N A L GROSSMAN’S ELMAN RICHARDSON CANYON RANCH G R A N D C O U RT L I F E S T Y L E S T R U M P O R G A N I Z AT I O N & C O M M U N I C AT I O N S S TA R B A N D C O M M U N I C AT I O N S WA R N A C O / T H E L O VA B L E C O M PA N Y T O M’S F O O D S R E A LT Y W. R.G R A C E / S E A L E D A I R H A N D Y & H A R M A N HOLDINGS HORSEHEAD RESOURCE DEVELOPMENT F I N A N C E C O R P. P H A R M A C Y F U N D M C I / W O R L D C O M G O L D I M PAT H L O N G J O H N S I LV E R ’ S R E S TA U R A N T S C O R P. M O R T G A G E L E N D E R S N E T W O R K G M A C B A N K S T E R L I N G O P T I C A L I N T E R M E D I A C O M M U N I C AT I O N S D E P C O R P. I N T E R B A N K F U N D I N G A R M S T R O N G W O R L D RARBAESUEMTSSREOIINRRDCaTHEIrnIEuACAMdNsMTAEtTIEenNISLDedTAMA,eCLEMpTAAxeRBRCaPnUETAmIdRSATPeiATTnLInLeTKStSrAEU,IFTNLMMiMdEVGMoNuLEnRcEXESiiORtaESToUrNEOySrPRERTSRVASGeGTIRPrCIYvAAOEicNCFNSeIEGTsMTIUECHANPOGSIAVYRNRENNATRTCBNSROUEIARRTRXAYGS R E SD eMp eOn dRa b lTy Ra nUd Sf aTi t hIf Su lMl y dAi sDc hVa rI gSi nOg Ri nSd e p1e1n 1d e nJ tOdHu tNi e s S T R E E T TECHNOLOGIES BELDING SPORTS HEXION/HUNTSMAN BEAN & WHITAKER THERMAFIBER CARLTON COVE D E V E L O P M E N T• AcCt asIbTankYrupStcyCtrusAteeP, exEaminVer, I C• AsTfidOuciaRry, oIveArseeCtheR E A T I O N S B R A S S T R U S T MreceEiveZr, sZpecOialNmaEsteNr, meUdia.toSr. SmAanaLgeEmeRnt aNnd OdispoPsitiLonAof S T I C S M O T O R C O R A M Hor oEthAer fLiduTciaHry aCppAoinRteeE S I ZvZarioLusEasRsetsR E S T A U R A N T S R S L C O M M U N I C A• AcTt aIsOplaNn aSdminCistRratYor oOr pVostA- C• OCverOseeUwDind-EdoRwnTof oBpeRratiOonsT H E R S bankruptcy trustee under the terms • Make disbursements on behalf of a of a bankruptcy plan or agreement trust or estate and effect the transfer of • Investigate, evaluate, initiate beneficial interests claims and supervise litigation • Act as officer, director or sole • Perform critical administrative shareholder of subsidiaries or affiliates and financial functions

The Goldin Associates Team REFCO ENRON NORTH AMERICA NRG COLOR TILE C O P P E R Fu In Eb oLu nDd pI eNr sVp eEc tSi vTe Ma nEd Np rTe Sc i s eN fOo cRu Ts H S H O R E A S S E T P S I N E T C O N S U L T I N G S O L TUheTGoIldOin tNeamS is cAomTprHisedLoEf exTpeErie’ncSed F O O T V L A S I C F O O D S I N T E R N A T pIroOfesNsioAnalLs w/ithSbWackgArouNndSs inOacNcounFtingR, O Z E N R F B C E L L U L A R A M E R I C A NbankBingL, inIveNstinDg, finAanNcialDcontWrol, aAudLit, cLorpPorAateP E R U NIVERSITY OF THE NLSHCCAAIIANREeefldeiLCNfnxinlNfpiaigdceneiiHIerncCSniengeSc,t,nOelEolycEi,CtpecaigeRRoneSarHmdnatiVatmoeibnfFnGIeflgeeIracsccNEnCLitoaduivmlsGerlAEipeltsPyoank.EndSdSmHyienRmalgSivn,LIaeaanrgsLIaOfesCogemNceAtRu-meObsnDeaetDAn.cNdOktU,aeudLEddTruvSdeiLcAiSveTePrPIsReNAHI I A A MERICAN ROCKWOO E R H U D S O N VA L L E Y F I NA C E R I E S E O R G A N I Z AT I O N E S ABOVENET / METROMEDIA FIBER NETWORK SARWYN TUTTLE PAPPOCK / CIRCLE K M C O R P BUCYRUS-ERIE SEA SPECIALTIES DILORENZO PROPERTIES STUDENT H A R R I S B U R G tribune R . A . B . H O L D I N G S P E G A S U S A L P I N E P C S I N T E R S TAT E B A K E R I E S N O RT H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S MONARCH CAPITAL REDDING LIFE CARE TOWER AIR NORTH COUNTY RECYCLING CENTER DISTRICT 65 B A R N A C L E S E A F O O D C U Y A H O G A E Q U I P M E N T C O R P. CRYSTAL BRANDS YOUNG BROADCASTING DRE X E L A D E L P H I A C O M M U N I C AT I O N S P O W E R C O M PA N Y O F T O B I A S / C I R C L E T F U N D S N AT I O N A L A M U S E M E N T S P O I N T B L A N K S O L U T I O N S B O S TO N G E N E R AT I N G L O M A S F I N A N C I A L A B I T I B I B O WAT E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , ROCKEFELLER CENTER PROPERTIES MARSH’S EDGE IMPERIAL HOME DÉCOR GROUP WYNDHAM HOMES RIVER RANCH LEXINGTON PRECISION BURLINGTON E N Z Y M AT I C T H E R A P Y Q U I G L E Y LY O N D E L L B A S E L L

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Industry Experience serving clients across a wide range of industries R E F C O E N PRrofOessiNonal pNubliOcatiRonsT, suHch asATheMDeaEl anRd TIurnCaroAundsN& WRorkGouts,CandO– mLoreO R T I L E C O P P E R F I EimpLortDantly –I oNur cVlienEts cSomTmoMnly ErecoNgniTze GSoldiNn AsOsocRiateTs aHs oneSofHtheOnatRion’sE A S S E T P S I N E T C OleNadinSg aUdvisLoryTfirImsNforGthe qSualOity oLf ouUr wTorkIacOrosNs mSany inAduTstriHes. L E T E ’ S F O O T V L A S I C F O O D S I N T E R N AT I O N A L / S WA N S O N F R O Z E N R FB CELLULA O•R FApApaTMrelH&ETEeRxtileISCCAI N BLI N D A ND WA L L P A PE R U NI VERSITY E NCE S I N PHI LA D E L P HI A A M E R I C A N R O• CCKonsWumeOr POroduLcts &ASeNrvicCesH O R G L A S S C O N T A I N E R H U D S O N VA L L E Y F I NAN C I A L S E RV I C E S LO R A L S PA C E R I E S E O R G A N I• Z CAonTstruIcOtionN& BuHildiAng PRroNducItsS C H F E G E R I N D U S T R I E S A B OVEN E T / MP OE• CTEnKRergOy/ &CMNaItEuRraDl CReIsLoAuErceFsKI BER NET WORK S A RWY N T U TTLE P A P MC ORP BUCYR U S -ERI E SEA S P E C I A LT •I tEFriSnanicDiabl SIueLrvnicOeseR& InEsRuNra.nAZce.OB PROP E RT IES STUDENT HAR R I S B URG . HOL D IN GS PEGASUS A L P I N E P C S I N• THEealtRhcaSreT& APhaTrmEaceuBticaAls K E R I E S N O R T H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S M O N A R C H C A P• I THoAspitLality R& GEamDingD I N G L I F E C A R E T O W E R A I R NORTH COUNTY RECYCLING CENTER DISTRICT 65 B A R N A C L E S E• AMFanOufaOcturDing &CIndUustYrialAProHducOts G A E Q U I P M E N T C O R P. C RY S TA L B R A •MN MDMedSiaU& EYNnteOIrtCaUinmANenTtGI BRO A D CASTI N G DREX E L A DE L PHI A C O ONS P O WER C O M PA N Y O F T O BI A S/ C AI RNCK•L MESunOicTipLal F&UTUaxT-NExIeDmOptSNEntSitNies ABTOI ONAL AMUSEMENTS P O IN T B L STON G E N E R AT I N G L O M A S F I N A N• CRIeaAl EsLtateA B I T I B I B O W A T E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , R O C K E F E L L E R• CRetEail N& RTestEaurRants P R O P E R T I E S M A R S H ’ S E D G E IMP ER IAL H O M• LSEtErucXtDureIdÉNFiCnGanOcTialROProNdGuctRsP O U P WYNDHAM HO ME S RIV ER RANC H R E C I SION BURL ING TO N E N Z Y M A T I C T •H TEeleRcomAmuPnicYationQs &UTecIhnGologLy E Y L Y O N D E L L B A S E L L • Transportation & Logistics

ASIA GLOBAL CROSSING FIRST CAPITAL HOLDINGS MANAGEMENT BRUNO’S MEDPARTNERS/CAREMARK WOOD RIVER CAPITAL MANAGEMENT GLASSTECH FOODS UNITED MERCHANTS AND MANUFACTURERS FA C TO RY Q W E S T C O M M U N I C AT I O N S I N T E R N AT I O N A L GROSSMAN’S ELMAN RICHARDSON CANYON RANCH G R A N D C O U RT L I F E S T Y L E S T R U M P O R G A N I Z AT I O N & C O M M U N I C AT I O N S S TA R B A N D C O M M U N I C AT I O N S WA R N A C O / T H E L O VA B L E C O M PA N Y T O M’S F O O D S R E A LT Y W. R.G R A C E / S E A L E D A I R H A N D Y & H A R M A N HOLDINGS HORSEHEAD RESOURCE DEVELOPMENT F I N A N C E C O R P. P H A R M A C Y F U N D M C I / W O R L D C O M G O L D I M PAT H L O N G J O H N S I LV E R ’ S R E S TA U R A N T S C O R P. M O R T G A G E L E N D E R S N E T W O R K G M A C B A N K S T E R L I N G O P T I C A L I N T E R M E D I A C O M M U N I C AT I O N S D E P C O R P. I N T E R B A N K F U N D I N G A R M S T R O N G W O R L D R E T I R E M E N T T R U S T S U M N EE RR SS TTAATT IIOONN MMAAGGNNAATTRRAAXX A S S O C I AT E D C A P I TA L I N V E S T O R S PA C E U N I V E R S I T Y BURNHAM LAMBERT SEMGROUP GRANITE PARTNERS AMERICA SMARTALK TELESERVICES THORNBURG RESIDENTIAL CAPITAL MXENERGY FGIC SYNCORA R E S M OR TRUST ISM ADVISORS 111 JOHN STREET TECHNOLOGIES BELDING SPORTS HEXION/HUNTSMAN BEAN & WHITAKER THERMAFIBER CARLTON COVE D E V E L O P M E N T C I T Y S C A P E V I C TO R I A C R E AT I O N S B R A S S T R U S T M E Z Z O N E N U.S. S A L E R N O P L A S T I C S M O TO R CORAM HEALTHCARE SIZZLER RESTAURANTS R S L C O M M U N I C AT I O N S C RY O VA C C O U D E RT B R O T H E R S

REFCO ENRON NORTH AMERICA NRG COLOR TILE A COPPERFIELD INVESTMENTS NORTH SHORE ASSET P S I N E T C O N S U LT I N G S O L U T I O N S AT H L E T E’S F O O T V L A S I C F O O D S I N T E R N AT I O N A L / S WA N S O N F R O Z E N R F B C E L L U LA R A M E R I C A N B L I N D A N D WA L L PA P E R UNIVERSITY OF THE SCIENCES IN PHILADELPHIA AMERICAN ROCKWOOL ANCHOR GLASS CONTAINER G H U D S O N VA L L E Y F I NAN C I A L S E RV I C E S LO R A L S PA C E & R I E S E O R G A N I Z AT I O N H A R N I S C H F E G E R I N D U S T R I E S W ABOVENET / METROMEDIA FIBER NETWORK SARWYN TUTTLE PAPPOCK / CIRCLE K M C O R P BUCYRUS-ERIE H SEA SPECIALTIES DILORENZO PROPERTIES STUDENT H A R R I S B U R G tribune R . A . B . H O L D I N G S P E G A S U S A L P I N E P C S I N T E R S TAT E B A K E R I E S N O RT H W E S T E R N G A F C O R P. W C I C A B L E S T A R T E L E C O M M U N I C A T I O N S MONARCH CAPITAL REDDING LIFE CARE TOWER AIR NORTH COUNTY RECYCLING CENTER DISTRICT 65 R B A R N A C L E S E A F O O D C U Y A H O G A E Q U I P M E N T C O R P. A CRYSTAL BRANDS YOUNG BROADCASTING DRE X E L A D E L P H I A C O M M U N I C AT I O N S P O W E R C O M PA N Y O F T O B I A S / C I R C L E T F U N D S N AT I O N A L A M U S E M E N T S P O I N T B L A N K S O L U T I O N S B O S TO N G E N E R AT I N G L O M A S F I N A N C I A L A B I T I B I B O WAT E R R H I / G L O B A L F I R S T I N T E R R E G I O N A L A D V I S O R S primus T A Y L O R , ROCKEFELLER CENTER PROPERTIES MARSH’S EDGE IMPERIAL HOME DÉCOR GROUP WYNDHAM HOMES RIVER RANCH LEXINGTON PRECISION BURLINGTON E N Z Y M AT I C T H E R A P Y Q U I G L E Y LY O N D E L L B A S E L L 350 Fifth Avenue | The Empire State Building | New York, NY 10118 | Phone: 212 593 2255 | Fax: 212 888 2841 www.goldinassociates.com