United States

Dexia Real Estate Capital Markets

1180 NW Maple Street Suite 202
Issaquah,WA 98027
USA

Phone: (1) 425 313 46 00
Fax: (1) 425 313 10 05

www.dexia-cmbs.com

Dexia Real Estate Capital Markets has financing activities specialized in the origination and securitization of commercial mortgages in the United States.

Management: Guy Cools, Managing Director

Workforce: 46

Dexia Crédit Local New York Branch

445 Park Avenue, 7th floor
USA - New York, NY 10022

Phone: (+1) 212 515 7000
Fax: (+1) 212 753 5522

www.dexia-americas.com

The Branch is active in the first and fourth business lines of the Dexia Group.

As for the first Business line: "Public/Project Finance and Credit Enhancement", DCL NY offers strong expertise in the Public Finance sector by providing credit enhancement and liquidity guarantees for Municipal bonds, swaps to Municipalities and by structuring and underwriting project finance debt, mostly in the wind and infrastructure sectors in the USA and Latin America. The branch also invests in both taxable and tax-exempt Municipal bonds and student loans.

As for the fourth Business line : "Treasury and Capital Markets", the Branch raises dollar funding from Commercial Paper and Certificates of Deposit programs and invests in high quality bank and Asset backed Securities.

General Manager: Guy Cools

Workforce: 161

Astris Finance

1001 Connecticut Av, NW
Suite 905
USA - Washington, DC 20036

Phone: (+1) 202 223 9701
Fax: (+1) 202 223 4350

www.astrisfinance.com

Astris Finance is a financial advisory and placement firm specialized in Latin American infrastructure. Astris Finance works with both private sponsors of public infrastructure projects -- structuring and raising debt and equity financings, and with national and local governments -- as transaction adviser in connection with asset or service privatization and the structuring of public-private partnerships.

Senior executives: Terry A. Powers, Managing Director, Fabrice Henry, Executive Director - Structured Finance.

Workforce: 6