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O'Melveny & Myers, LLP

O\'MELVENY & MYERS EXPANDS ITS APPELLATE PRACTICE
WASHINGTON, DC, March 1, 2006 — O'Melveny & Myers LLP announced today that Duke University law professor Christopher H. Schroeder and Washington, DC O'Melveny partner Pamela Harris would both become of counsel to the firm's appellate practice. Both Schroeder and Harris will combine academic and public interest work with their law practice. Schroeder, who is the Charles S. Murphy Professor of Law and Public Policy Studies at Duke, will continue his academic work in the fields of environmental, administrative and constitutional law. Harris, who has been with the firm since 1999, and has been a partner since 2005, will undertake public interest activities outside the firm and will be teaching Criminal Justice at the Georgetown Law Center in the Spring. In her of counsel role with the firm, Harris will focus on expanding the firm's pro bono appellate practice. Walter Dellinger, the head of O'Melveny's appellate practice, will continue to spend part of his time as the Douglas B. Maggs Professor at Duke University.

Chris Schroeder is a graduate of Princeton, the Yale Divinity School and the University of California Berkeley School of Law (Boalt Hall) where he was Editor in Chief of the California Law Review. He has been chief counsel to the Senate Judiciary Committee and acting Assistant Attorney General for the Office Of Legal Counsel. He co-authors the leading environmental law casebook used in American law schools and directs research on environmental health policy for Duke's environmental health science research center. He also directs the Program in Public Law at Duke University.

Pam Harris is a graduate of Yale Law School. She clerked for Harry T. Edwards of the United States Court of Appeals for the DC Circuit, and for Justice John Paul Stevens of the United States Supreme Court. She served as an Attorney-Advisor at the Office of Legal Counsel from 1993 to 1996, and as an Associate Professor of Law at the University of Pennsylvania from 1996 to 1999. Harris joined O'Melveny & Myers' appellate practice in 1999 and was named a partner at the firm in 2005. She is a member of the Board of Directors of the American Constitution Society and serves as Co-Chair of the Amicus Committee of the National Association of Criminal Defense Lawyers.

About O'Melveny & Myers LLP
O'Melveny & Myers LLP is a values-driven law firm guided by the principles of excellence, leadership, and citizenship. With the breadth, depth, and foresight to serve clients competing in a global economy, our lawyers devise innovative approaches to resolve problems and achieve business goals. Established in 1885, the firm maintains 13 offices around the world, with more than 1,000 lawyers. O'Melveny & Myers' capabilities span virtually every area of legal practice, including Antitrust/Competition; Appellate; Aviation; Capital Markets; Class Action Defense; Corporate; Entertainment and Media; Finance and Restructuring; Global Enforcement and Criminal Defense; Healthcare; Insurance and Mass Torts; Intellectual Property and Technology; Labor and Employment; Mergers & Acquisitions; Private Equity; Project Development and Real Estate; SEC; Securities Litigation; Strategic Counseling; Tax; and Trial and Litigation.

03-01-2006

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O'Melveny & Myers, LLP

Amnesty International Releases Groundbreaking Report on Execution of Mentally Ill Offenders
O'Melveny pro bono client Amnesty International USA (AIUSA) recently released a groundbreaking report on the use of the death penalty against mentally ill offenders in the U.S. The report focuses on the systemic problems confronting the mentally ill and chronicles the cases of 100 severely mentally ill offenders who have been executed since 1977 -- one in ten of the total number of executions carried out since then. Citing pervasive systemic failures in both the healthcare and criminal justice systems, the report also highlights the grim situation of the mentally ill currently on death row, which according to the U.S. National Association of Mental Health is five to ten percent of the U.S.'s total death row population of approximately 3,400.

AIUSA argues that the same arguments found to be persuasive by the U.S. Supreme Court in Roper v. Simmons (where the Court declared the execution of juvenile offenders to be unconstitutional) and Atkins v. Virginia (where the Court declared the execution of developmentally disabled criminals to be ""cruel and unusual punishment"") can and should be extended to the mentally ill.

Washington, D.C. associate David Berger, under the guidance of Evelyn Becker and with the assistance of Janice Marshall, provided key legal research and strategic guidance in the run-up to the release of the report, and assisted our client in building a coalition of experts to support the release of the report.

03-01-2006

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Hogan & Hartson LLP

Brussels Lawyer to Speak at Scientific Advice Conference on March 15
BRUSSELS, March 1, 2006 - The Scientific Advice conference takes place on March 15 - 17, 2006 at the Jolly St Ermins Hotel in London, UK. Elisabethann Wright, counsel in the firm's Brussels office, will present the first day on ""What has been the effect of the EMEA-FDA Parallel Scientific Advice Programme so far?""

The purpose of the presentation will be to consider what the Parallel Scientific Advice programme was intended to achieve and whether the first years of its operation have been successful. The reaction of industry to the programme, its limitations, and the advantages that it presents as compared with sequential advice will also be considered.

03-01-2006

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Shearman & Sterling LLP

Clare O\'Brien named \"Dealmaker of the Year\" by The American Lawyer-Clare O\'Brien
The American Lawyer has named M&A partner Clare O'Brien as one of their "Dealmakers of the Year" for her work on the 2005 Sungard acquisition

03-01-2006

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Mayer Brown LLP

Mayer, Brown, Rowe & Maw advises HSBC on £24 million real estate disposal
1 March 2006 - Mayer, Brown, Rowe & Maw LLP's London real estate group has advised HSBC's UK Active Property Fund on its £24.25 million disposal of 48 acre business park, Drayton Manor, to First Industrial Limited.

Mayer, Brown, Rowe & Maw advised HSBC on its original acquisition of the business park which was acquired as part of a sale and part leaseback with Foseco UK Limited in 2003 and continued to advise in relation to the restructuring of estate assets and the grant of new lettings relating to the 520,000 sq ft of industrial and office accommodation on the business park.

London real estate partner James Dodsworth led the Mayer, Brown, Rowe & Maw team advising HSBC, assisted by Richard Tilbrook. Adam Perry of Halliwells acted for First Industrial Limited.

03-01-2006

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White & Case, LLP

White & Case Acts for Orascom Telecom in Standard-setting $3.575 Billion Refinancing
Bespoke Structure Includes Largest Equity-linked Deal of 2006

London, March 1, 2006 ... White & Case advised Orascom Telecom Holding S.A.E. and its parent company, Weather Capital S.a r.l., on a comprehensive $3.575 billion refinancing completed on February 28, 2006, consisting of:

A new $2 billion Senior Secured Credit Facility for Orascom Telecom Holding, providing a single, flexible source of funding;
An €825 million Exchangeable Bond Offering by Weather Capital Finance, S.A., a newly formed subsidiary of Weather Capital - the largest and most highly structured equity-linked deal of the year so far and the first bond exchangeable into shares of an Egyptian company; and
A €500 million Amended and Restated Term Loan Facility by Weather Capital, continuing Weather Capital's ongoing relationship with its existing lenders.

""The refinancing provides Orascom Telecom with a flexible single source of lending and affords the Weather Group substantial covenant relief at reduced interest rates,"" explained London-based partner Rob Mathews, who led the White & Case team advising on the refinancing.

White & Case fielded a specialist cross-practice legal team able to advise on all elements of the highly complex financing, working closely within an aggressive timetable with Weather and Orascom Telecom, as well as their other advisors, to identify an overall corporate structure that would not only meet Orascom Telecom's short-term refinancing goals but also create a platform for future growth.

Orascom Telecom is a global mobile telecommunications company operating GSM networks in seven high growth markets in the Middle East and South Asia. Weather Capital is the holder of 50 per cent plus 1 share of the equity interests in Orascom Telecom and is part of the Weather group of companies that was formed by entities controlled by Naguib Sawiris, the founder of Orascom Telecom, in connection with the purchase of Wind Telecomunicazioni S.p.A. in August 2005.

The refinancing was driven by Orascom Telecom's need, on or before February 28, 2006, to repay indebtedness incurred in connection with its recent acquisition of a 19.3 per cent stake in Hutchison Telecom International Limited (""HTIL""). Prior to that repayment, indebtedness of Weather Capital, which contained covenants restricting Orascom Telecom's ability to enter into a new credit facility, needed to be refinanced and/or amended.

Orascom Telecom's new five-year senior secured credit facility totals $2 billion and will be used to repay Orascom Telecom's current indebtedness, comprised primarily of local Egyptian loans and $1.2 billion of short-term financing incurred in connection with the acquisition of the HTIL stake. The new credit facility will initially be secured by Orascom Telecom's direct and indirect interests in HTIL and in MobiNil, Egypt's leading GSM mobile operator.

The White & Case team advising on the new senior credit facility was led by London-based partner Chris Utting and senior associate Brian Conway, who were supported by associates Nicole Whiting, Joanne Blake and Victoria Chen. The Hong Kong-based White & Case team advising on issues relating to HTIL was led by partners Sharon Hartline and Jeremy Leifer.

Weather Capital Finance's offering of 4.75 per cent guaranteed secured exchangeable bonds due 2013 is the largest and most highly structured equity-linked deal of the year so far. It is also the first bond exchangeable into shares of an Egyptian company. The bonds, which are initially exchangeable into global depositary receipts (GDRs) of Orascom Telecom, become exchangeable for shares of Weather Investments, Weather Capital's parent company (and the parent of the Wind group), following an initial public offering by Weather Investments, on the election of the Weather Group.

Tim Jeveons, the London-based White & Case partner who led the exchangeable bond team, said, ""This is what we do best, an innovative and highly complex structure in an aggressive timeframe that satisfies our clients' commercial needs and provides them with an appropriate financing platform to further grow their business."" Tim worked alongside counsel Chris Whiteley, associates Peter Epp, Anne Marie Salan and Geraldine Pellerin and trainees Luke Fletcher and Mark Jenkins.

Simultaneous with these transactions, Weather Capital entered into an amended and restated credit facility with a group of its existing lenders led by Banca IMI.

White & Case has a long-standing relationship with Orascom, led by London-based partners Chris Utting and David Eisenberg.

03-01-2006

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Jones Day, P.C.

Jones Day Represents Dana Corporation in Chapter 11 Reorganization
Jones Day is representing Dana Corporation and 40 of its U.S. subsidiaries in their March 3, 2006 filing of voluntary petitions for reorganization under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The Jones Day team is led by New York partner Corinne Ball and includes partners John Dunn, Heather Lennox, and Brett Barragate (Cleveland), and Bob Cunningham (New York).

The official press release follows.

TOLEDO, Ohio, March 3 /PRNewswire-FirstCall/ -- Dana Corporation (NYSE: DCN)
announced today that in order to address financial and operational challenges that have hampered its performance, the company and 40 of its U.S. subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Dana's European, South American, Asia- Pacific, Canadian and Mexican subsidiaries are not included in the Chapter 11 filing and are operating as normal. The filings were made today in the U.S. Bankruptcy Court for the Southern District of New York.

Company Obtains $1.45 Billion DIP Financing Commitment

To fund its continuing operations during the restructuring, Dana has secured a $1.45 billion debtor-in-possession (DIP) financing facility from Citigroup, Bank of America, N.A., and JP Morgan Chase Bank, N.A. Subject to court approval, the DIP credit facility, which replaces the company's previous $400 million revolving credit facility and $275 million receivables securitization facility, will be used for the company's normal working capital requirements, including employee wages and benefits, supplier payments, and other operating expenses during the reorganization process.

Dana has faced a continued decline in revenues resulting from the decreasing market share and production levels of its largest domestic customers, along with sharp increases in commodity and energy prices that have outpaced the cost savings Dana has been able to achieve. The general financial condition of the industry, together with Dana's inability to renew or expand its credit facilities in a timely manner, has significantly constrained Dana's liquidity.

As a result, the company concluded, after thorough consultation with its advisors, that its interests and the interests of its creditors, employees, customers, suppliers, and the communities in which it operates would be best served by reorganizing under Chapter 11 of the U.S. Bankruptcy Code.

A Necessary and Responsible Step to Achieve a Stable and Profitable Future

Dana Chairman and Chief Executive Officer Michael J. Burns said, ""The Chapter 11 process provides the company an opportunity to fix our business comprehensively -- financially and operationally. This will be fundamental change, not just incremental improvement. The Chapter 11 process allows us to continue normal business operations, while we restructure our debt and other obligations and enhance performance.

""We want to assure everyone -- our customers, suppliers, our people and our communities -- that Dana is open for business as usual,"" he added. ""And, to this end, our customers can continue to rely on Dana for quality products - delivered on time and to best-in-class specification.

""This is an extremely difficult, but necessary and responsible decision that will provide us with the time and opportunity to strengthen our performance and achieve a sustained turnaround at Dana.""

Mr. Burns said Dana intends to proceed with its previously announced divestiture and restructuring plans, which include the sale of several non- core businesses and the closure of several facilities and shift of production to lower-cost locations. In addition, Dana will continue to take steps to reduce costs, increase efficiency, and enhance productivity, he said.

Company Files First-Day Motions to Support Key Stakeholders

Dana has filed ""First-Day Motions"" in the Bankruptcy Court in New York designed to ensure that the company's business continues to function without disruption. The court filings are intended to ensure that the company can continue to pay its employees and suppliers and maintain uninterrupted delivery of products and services to its customers.

Further Information

Dana reported total assets of approximately $7.9 billion and total liabilities of approximately $4.7 billion, on a consolidated basis, as of September 30, 2005.

Dana's legal advisor in the Chapter 11 filing is Jones Day. The company's financial advisor is Miller Buckfire and restructuring advisor is AlixPartners.

03-01-2006

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