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December 2, 2003

Michael Gibbons Elected to Executive Committee of Global M&A

Brown Gibbons Lang & Company announced today that Michael E. Gibbons, Senior Managing Director and Principal, was recently elected to the Executive Committee of Global M&A.

Global M&A is widely recognized as the world’s leading network of independent M&A houses. Brown Gibbons Lang & Company is the leading shareholder of Global M&A, a consortium of 20 middle-market investment banks with offices in 22 countries including Europe, the Nordic Countries, North and South America and the Far East. Global M&A’s prime purpose is to provide cross-border support and opportunities for clients who wish to complete acquisitions, company sales and other corporate finance transactions. Since 2000, the network has completed over 300 deals worth $7 billion.

“BGL is committed to building its’ global capabilities, “ said Gibbons. “We do this to serve our clients. We believe it will be increasingly important to provide true global reach and localized relationships and expertise if we are to stay on the cutting edge and honor our adage of delivering solutions to the middle market in the years ahead.”

About Brown Gibbons Lang & Company:

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. In 2002, BGL’s senior partners were named Ernst & Young Entrepreneurs of the Year for the exceptional track record of the firm and growth in a difficult economic climate.

For further information about BGL, visit our web site at www.bglco.com

About Global M&A:

Global M&A is the world’s most active network of investment banking boutiques focused on mid-market mergers and acquisitions with values of between $10 million and $150 million.

For further information on Global M&A, visit our website at www.globalma.com