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Wolfblock Combines with Brach Eichler

Wolfblock Combines with Brach Eichler

1650 Arch Street, 22nd Floor, , 19103-2097 Tel: (215) 977-2000 < Fax: (215) 977-2740 < www.WolfBlock.com

FOR IMMEDIATE RELEASE CONTACT: Bob Gero 215-977-2370 bgero@.com

WolfBlock Combines with Brach Eichler

PHILADELPHIA, PA—August 12, 2003—Wolf, Block, Schorr and Solis-Cohen LLP and the Roseland, New Jersey firm of Brach, Eichler, Rosenberg, Silver, Bernstein, Hammer & Gladstone, P.C. today announced the joining of their practices creating a 300- entity with nine offices in the Mid- Atlantic region. For a transitional period, the Roseland, New Jersey office will be known as WolfBlock Brach Eichler, and the firm's other eight offices will continue to be known as WolfBlock. The combination takes effect October 1, 2003.

Mark L. Alderman, Chairman of WolfBlock said, "This combination is the next step in our plan to strategically grow WolfBlock throughout the Mid -Atlantic region. It allows us to expand our services by supplementing many of our practice areas and adding capabilities that will give our clients even greater benefits." Brach Eichler's strength in real estate, health care, commercial litigation, tax, environmental, land use and banking law will complement WolfBlock's experience in these areas.

Alan R. Hammer, Managing Director of Brach Eichler commented, "We recognize by combining our mutual strengths we will be able to provide our clients with an even greater level of sophisticated representation particularly in the areas where both firms have built strong reputations such as corporate and , real estate law and litigation. Brach Eichler's growing corporate client base will benefit greatly from WolfBlock's nationally respected expertise and Brach Eichler's leadership in the area of health care law will bring an added dimension to WolfBlock.

WolfBlock Brach Eichler will have a 100-lawyer presence in the northern New Jersey/New York region. The combination represents a nearly 20% growth for WolfBlock.

Both WolfBlock and Brach Eichler attorneys have earned reputations for crafting innovative and creative solutions for clients' problems and working with them to anticipate issues before they arise. "Our firms are similar in style, culture and temperament," noted Mr. Alderman. "This combination of experience and talent will enhance the capabilities of each group and their contributions to the well being of our clients' businesses. That adds up to a win-win-win."

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FACTS ABOUT THE COMBINATION OF WOLFBLOCK AND BRACH EICHLER

1. After the combination is completed, the firm will have 300 attorneys in nine offices: Philadelphia, Harrisburg and Norristown, PA; New York, NY; Roseland, Newark and Cherry Hill, NJ; Wilmington, DE; and Washington, DC.

2. The combined firm will be headquartered in Philadelphia and will continue to practice under the name WolfBlock, except in the Roseland, New Jersey office where the firm will practice under the name WolfBlock Brach Eichler for a transitional period of time.

3. The Philadelphia, PA office has more than 175 attorneys. Philadelphia has been the firm's headquarters since its founding in 1903. The attorneys in our Philadelphia office provide our clients with a full range of corporate, litigation and personal law services and practice in 18 different practice groups including corporate/securities, real estate, and information technology, communications, financial services, , government assisted and affordable housing, securitization, mortgage conduit lending, tax, business litigation, complex liability/surety/fidelity, , utility regulation, environmental law, estates and trusts, services and employee benefits; and numerous industry- focused areas.

4. The New Jersey/New York metro area offices (New York, NY and Roseland and Newark, NJ) will have nearly 100 attorneys. Core practice areas include: real estate, securitization, litigation, corporate and securities law, employment services, health care and hospital law, land use, housing and development law, environmental law, business succession, estate and tax planning, banking and lender representation, family law, divorce and custody, tax appeals and financial services. These attorneys are well regarded for their proficiency in securities, , venture capital, and emerging business enterprises issues.

5. The Cherry Hill, NJ office has a strong commercial litigation practice. Attorneys in this office specialize in environmental, real estate, federal regulatory work, gaming and hospitality law, and employment disputes. They are experienced in litigation at trial, appellate and regulatory commission levels, and in state and federal courts and have successfully represented clients across the full spectrum of employment, regulatory and commercial litigation matters.

6. The Harrisburg, PA office attorneys focus on utility regulation and healthcare law, specializing in federal and state regulatory compliance. The attorneys in our utility practice are experienced in compliance and licensing issues involving all types of regulated companies - from water utilities, telecommunications, natural gas, and electric competitive suppliers to transportation companies.

7. The Norristown, PA attorneys focus exclusively on the complex practice of family law. Attorneys in this office specialize in divorce, custody and visitation, spousal and child support, alimony, adoption, property division, and related matters.

8. Attorneys in the Wilmington, DE office are experienced in corporate litigation including bankruptcy and securities matters, environmental law and toxic tort litigation, and corporate governance and product liability claims.

9. WolfBlock's ancillary business units include: WolfBlock Government Relations, LP and WolfBlock Government Relations, DC, LLC, which are wholly owned subsidiaries of Wolf, Block, Schorr and Solis- Cohen LLP; and The Wolf Institute, a division of Wolf, Block, Schorr and Solis-Cohen LLP. Wolf, Block, Schorr and Solis-Cohen LLP

1650 Arch Street T: (610) 272-5555 22nd Floor F: (610) 272-6976 Philadelphia, PA 19103 T: (215) 977-2000 212 Locust Street F: (215) 977-2740 Suite 300 Harrisburg, PA 17101 250 Park Avenue T: (717) 237-7160 New York, NY 10177 F: (717) 237-7161 T: (212) 986-1116 F: (212) 986-0604 Wilmington Trust Center 1100 N. Market Street 1940 Route 70 East Suite 1001 Suite 200 Wilmington, DE 19801 Cherry Hill, NJ 08003 T: (302) 777-5860 T: (856) 424-8200 F: (302) 777-5863 F: (856) 424-4446 744 Broad Street Three Penn Court Suite 1515 325 Swede Street Newark NJ 07102 P.O. Box 869 T: (973) 824-7723 Norristown, PA 19404 F: (973) 424-5740

WolfBlock Brach Eichler

101 Eisenhower Parkway Roseland, New Jersey 07068-1067 T: (973) 228-5700 or (212) 935-9012 F: (973) 228-7852

WolfBlock Government Relations, LP WolfBlock Government Relations, DC, LLC 212 Locust Street 1401 New York Avenue, NW Suite 600 Suite 810 Harrisburg, PA 17101 Washington, DC 20005 T: (717) 234-8525 T: (202) 628-8895 F: (717) 234-8812 F: (202) 789-4242

The Wolf Institute 1650 Arch Street 22nd Floor Philadelphia, PA 19103 T: (215) 977-2007 F: (215) 405-2914

www.wolfblock.com