ISDA®
INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.

MEDIA ADVISORY

For Immediate Release, Friday, October 10, 2008

For More Information, Please Contact:

Lauren Dobbs, Kennedy & Co., +1 914 961-2436 ext. 15

ISDA PRESS BRIEFING ON LEHMAN CDS AUCTION

AND MARKET DEVELOPMENTS

NEW YORK, Friday, October 10, 2008 – The International Swaps and Derivatives Association, Inc. (ISDA) will host a press conference call today at 3:00 PM EST to discuss the auction in relation to the Lehman Brothers Holdings Protocol and other market developments.                     

The press briefing will feature ISDA Executive Director and Chief Executive Officer Robert Pickel, and other senior ISDA representatives.

Please note that all participants are requested to dial in at least 15 minutes prior to the start of the call. The call-in details are as follows:

Dial-in number:                                   888-419-5570

International Dial-in number:               617-896-9871

Passcode:                                          276 994 06

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 approximately 850 member institutions from 56 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 & Derivatives Association, Inc.