ISDA®
INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.

NEWS RELEASE

For Immediate Release Wednesday, April 22, 2009

For More Information, Please Contact:

Beijing Press Room: +86 10 65050879

Donna Chan, ISDA Hong Kong, +852 2200 5906, dchan@isda.org

Cesaltine Gregorio, ISDA New York, +1 212-901-6019, cgregorio@isda.org

Lauren Dobbs, Kennedy & Co., +1 914-961-2436, ext. 15, ldobbs@isda.org

ISDA Elects 11 Board Members

BEIJING, Wednesday, April 22, 2009 – At its 24th Annual General Meeting in Beijing today, the International Swaps and Derivatives Association, Inc. (ISDA) elected eleven Board Directors, seven of whom currently serve on the Association’s Board.

The four new directors are:

• Brian Archer, Managing Director, Global Head of Credit Trading, Citi
• Jonathan Hunter, Managing Director and Global Co-Head, Fixed Income and Currencies, RBC Capital Markets
• TJ Lim, Global Co-Head of Markets, UniCredit
• Nobukazu Saeki, Deputy General Manager, Mitsubishi UFJ Securities Co., Ltd.

The re-elected directors are:

• Thibaut de Roux, Global Head of Structured Rates and Equity Products, HSBC Bank Plc
• Nitin Gulabani, Global Head of Rates, Standard Chartered Bank
• Alan Haywood, Head of Oil Supply & Trading, BP Oil International
• Peter Healey, COO, Fixed Income, Currencies and Commodities, UBS AG
• Frederic Janbon, Global Head of Fixed Income, BNP Paribas
• Eric Litvack, Managing Director, Global COO Volatility Trading, Société Générale
• Gerhard Seebacher, Managing Director, Head of Global Credit Products, Bank of America Merrill Lynch

The directors continuing on the Board are:

• Michele Faissola, Managing Director and Global Head of Rates, Global Markets Division, Deutsche Bank
• Diane Genova, Managing Director and General Counsel Investment Bank, J.P. Morgan Chase & Co
• Dixit Joshi, Managing Director, Head of Equities, EMEA and Asia Pacific, Barclays Capital
• Pierre-Emmanuel Juillard, CEO Structured Finance Division, AXA Investment Managers
• Ted MacDonald, Managing Director and Treasurer, The D. E. Shaw Group
• Stephen O’Connor, Managing Director, Morgan Stanley
• Bill Powers, Managing Director and Member, PIMCO’s Investment Committee
• Riccardo Rebonato, Global Head of GBM Market Risk and Head of Analytics, Royal Bank of Scotland
• Thomas Riggs, Managing Director, Goldman Sachs
• Eraj Shirvani, Managing Director, Head of Fixed Income for EMEA Region, Credit Suisse
• Atsushi Takahashi, General Manager, Derivative Products Division, Mizuho Corporate Bank, Ltd.
• Lili Wang, Senior Executive Vice President, ICBC Ltd.

About ISDA

ISDA, which represents participants in the privately negotiated derivatives industry, is among the world's largest global financial trade associations as measured by number of member firms. ISDA was chartered in 1985, and today has over 820 member institutions from 57 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 and its activities is available on the Association's web site: www.isda.org.

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