ISDA®
INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.

NEWS RELEASE

For Immediate Release Friday, February 23, 2007

ISDA’s 22^nd ANNUAL GENERAL MEETING: BOSTON

The International Swaps and Derivatives Association is holding its 22^nd Annual General Meeting in Boston, April 17-19, 2007. ISDA’s AGM is the preeminent event of the derivatives and risk management industry and will feature leading speakers from the industry, government and academia. Accredited journalists are invited to attend AGM 2007 and its social events as press guests. There is no registration fee for journalists.

WHAT: ISDA’s 22^nd Annual General Meeting will feature discussions on a number of key derivatives and risk management topics, including:

¨ Continued Innovation in Credit Products

¨ Global Growth Opportunities for the Derivatives Business

¨ Investor Perspectives: New Sources of Derivatives Growth and Sophistication

¨ Global Public Policy Issues

¨ Creating New Growth Businesses in a Risk-Minimizing Environment

Social events include receptions at the Seaport Hotel, John F. Kennedy Presidential Library and Museum and the Museum of Fine Arts. A Chairman’s Reception for journalists will be held Wednesday evening.

WHO: AGM 2007 will feature leading industry executives and public policy makers, including:

¨ Kenneth D. Lewis, Chairman and Chief Executive Officer, Bank of America

¨ Jean-Claude Trichet, President, European Central Bank

¨ John I. Tiner, Chief Executive, Financial Services Authority

¨ Clayton M. Christensen, Robert and Jane Cizik Professor of Business Administration, Harvard Business School

WHEN:                  April 17 – 19, 2007

WHERE:                Seaport Hotel & Seaport World Trade Center, 1 Seaport Lane, Boston, MA 02210

                                Tel: +1 (617) 385-4000, Fax: +1 (617) 385-4001

ISDA is the largest global financial trade association representing leading participants in the privately negotiated derivatives industry. ISDA was chartered in 1985, and today has over 750 member institutions from 54 countries on six continents. These members include most of the world's major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA, including the Annual General Meeting agenda, is available on the Association’s web site: www.isda.org.

Members of the media planning on attending this invitation-only event, please RSVP to: Lauren Dobbs, Kennedy & Company, 914-961-2436, ext. 15, or lauren@kennedycom.com.     

^®ISDA is a registered trademark of the International Swaps & Derivatives Association, Inc.