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Houlihan Lokey Holds Its 3rd Annual Basic Industrial Conference on Achieving Global Competitiveness

Business Wire,  March 11, 2008  

NEW YORK -- With over 600 participants, Houlihan Lokey held its 3rd Annual Basic Industrial Conference today at The Waldorf=Astoria * New York City. The event focused on the continued global competitiveness in the basic industrial market.

Commenting on the conference, Bill Peluchiwski, head of the Basic Industrial Group (BIG) and co-head of the event, said, "Given the current M&A climate, today's discussions continued to focus on globalization. Successful companies understand the need to examine cross-border options, a message that was reinforced throughout our program. The conference examined successful strategies and financing options across a number of industry sectors."

Jim Lavelle, head of the Industrial and Environmental Technology Group and co-head of the event, added, "The goal today was to provide a value-added resource for our basic industrial clients. Year after year, conference participation has continued to gain momentum, and based on the enthusiasm from our speakers and attendees, we believe the event turned out to be a huge success."

In addition to private company presentations, the firm conducted panel discussions to address financial issues affecting the basic industrial industry. Panel Discussions included: Industrial Market Trends & Insight, Creative Financing Solutions for Today's Market and Managing Through Turbulent Times.

Houlihan Lokey's Basic Industrial Group provides global expertise in the following sectors:

[TABLE OMITTED]

Thomson Financial ranked Houlihan Lokey the No. 1 M&A advisor for U.S. transactions under $1.25 billion in 2007. With 39 deals in 2007, the firm also ranked as the No. 1 M&A advisor of basic industrial deals according to Thomson Financial.

For additional information on the event or to speak with a member of our banking team, please contact Michelle O'Brien on (212) 497-7802.

About Houlihan Lokey

Houlihan Lokey, an international investment bank, provides a wide range of services, including mergers and acquisitions, financing, financial opinions and advisory services, and financial restructuring. In 2007, the firm was ranked the No. 1 M&A advisor for U.S. transactions under $1.25 billion and the No. 1 M&A fairness opinion advisor by Thomson Financial. In addition, the firm was ranked the No. 1 restructuring investment banking firm by TheDeal.com's Bankruptcy Insider. Established in 1970, the firm has over 800 employees in 13 offices in the United States, Europe and Asia. Each year we serve more than 1,000 clients ranging from closely held companies to Global 500 corporations. For more information, visit www.HL.com.

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