International Tax Specialist Joins Alvarez & Marsal Taxand as Managing Director

International tax specialist[private] Doug Wibbing has joined Alvarez & Marsal Taxand,
LLC, a founding member of the first global network of the world’s leading
independent tax firms, as a managing director based in San Francisco.

Mr. Wibbing brings more than 15 years of international tax experience to the
firm, having worked on both inbound and outbound international tax issues, with
an emphasis on mergers and acquisitions, corporate restructuring planning, as
well as the structuring of cross-border financing arrangements.

“Doug brings an impressive background and an unwavering commitment to providing
the highest level of client service,” said Robert N. Lowe, Jr., CEO of A&M
Taxand. “His experience further strengthens our international capabilities and
we are delighted to welcome him to the firm.”

Prior to joining Alvarez & Marsal, Mr. Wibbing spent more than three years in
Brussels advising clients from a wide variety of industries on merger and
acquisitions planning and related cross-border financing techniques. Before
that, he served as a partner within the international tax services groups of
Deloitte and Ernst & Young.

Mr. Wibbing earned a bachelor`s degree in finance from California State
University, Fresno, as well as a master`s degree from San Joaquin College of Law
and a master`s degree in business administration from San Diego State
University. He is a certified public accountant in the state of California.
[/private] About Alvarez & Marsal Taxand

Alvarez & Marsal Taxand, an affiliate of Alvarez & Marsal (A&M), a leading
global professional services firm, is an independent tax group comprised of
experienced tax professionals dedicated to providing customized tax advice to
clients and investors across a broad range of industries. Its professionals
extend A&M`s commitment to offering clients a choice in advisers who are free
from audit-based conflicts of interest, and bring an unyielding commitment to
delivering responsive client service. Alvarez & Marsal Taxand has offices in
major metropolitan markets throughout the U.S., and serves the U.K. from its
base in London, England.

A founding member of Taxand, a global network of leading tax advisors from
independent member firms in nearly 50 countries, Alvarez & Marsal Taxand was
recently named Tax Restructuring Firm of the Year by International Tax Review as
part of its 2009 Americas Tax Awards.