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NEW YORK, March 3 2005 – LAWFUEL The Law News Network — Steve…

NEW YORK, March 3 2005 – LAWFUEL The Law News Network — Steven C. Sunshine, former head of Shearman & Sterling LLP’s worldwide Antitrust Practice and Antitrust Litigation Affinity Group, and Jess Biggio and David P. Wales, Jr., former
partners in Shearman & Sterling LLP’s Antitrust Practice Group, have joined
Cadwalader, Wickersham & Taft LLP as partners in the Litigation Department.

Mr. Sunshine will lead the Antitrust Practice Area within the Litigation
Department. He will reside in the firm’s Washington office, as will Mr.
Wales; Ms. Biggio will be resident in the firm’s New York office.

Mr. Sunshine, Ms. Biggio and Mr. Wales represent domestic and foreign clients
in connection with antitrust aspects of mergers and acquisitions, litigation,
counseling, joint ventures, distribution arrangements, and grand jury
investigations and regularly appear before the U.S. Department of Justice, the
Federal Trade Commission, state antitrust enforcement authorities, foreign
authorities, and federal courts. They have worked on numerous high-profile
antitrust litigations and criminal matters for clients including De Beers
Centenary AG and Syngenta and transactions including SmithKline Beecham’s
merger with Glaxo-Wellcome, Bell Atlantic’s merger with NYNEX, and the
Rhone-Poulenc/Hoechst merger forming Aventis.

“I am delighted to welcome Steve, Jess and Dave to the firm and to
announce the creation of our Antitrust Practice Area, an integrated full
service antitrust practice,” stated Robert O. Link, Jr., Cadwalader’s Chairman
and Managing Partner. “By allowing us to identify potential antitrust needs,
the Antitrust Practice Area will add value and bolster the client services
offered to our client base by our Litigation and Corporate Departments.”

“Steve, Jess and Dave are leading practitioners who collectively bring
high profile experience in each substantive area of antitrust work to the firm
— mergers, litigation and criminal antitrust. Their expertise bolsters our
litigation practice while also providing needed anti-trust and regulatory
support to our mergers and acquisitions team,” stated Greg Markel, Chair of
Cadwalader’s Litigation Department.

“We are looking forward to teaming with Cadwalader’s already strong
securities, business fraud/white collar crime, and insurance and reinsurance
litigators in both the Washington and New York offices and with its premier
M&A lawyers. With the creation of an integrated full service antitrust
practice, fully linked to the litigation as well as the corporate practice, we
will be able to provide an integrated platform to Cadwalader clients —
resulting in a full, one-stop shopping ‘legal’ experience,” stated Mr.
Sunshine.

Prior to joining Shearman & Sterling, Mr. Sunshine served as the Deputy
Assistant Attorney General for the Antitrust Division of the U.S. Department
of Justice, where he supervised the Division’s merger enforcement program. He
received his B.A. from Brown University in 1981 and his J.D., magna cum laude,
from Boston College Law School in 1984, where he was a member of the Boston
College Law Review and Order of the Coif. He is admitted to practice in New
York, the District of Columbia, and before the Untied States District Courts
for the Southern District of New York and the District of Columbia.

Ms. Biggio joined Shearman & Sterling in 1993 and became a partner in
2001. She received her B.A. from Carleton College in 1990 and her J.D., cum
laude, from the University of Minnesota Law School in 1993, where she was a
member of the International Moot Court. She is admitted to practice in New
York and the District of Columbia.

Mr. Wales joined Shearman & Sterling as an associate in 1995. From 2001
to 2003, he served as Counsel to the Assistant Attorney General for the
Antitrust Division at the U.S. Department of Justice, where he supervised the
review of pending cases and handled policy matters. He returned to Shearman &
Sterling as a partner in 2004. Mr. Wales received his B.A. from Pennsylvania
State University in 1992 and his J.D., magna cum laude, from Syracuse
University College of Law in 1995. He was a member of the Syracuse Law Review
and Order of the Coif. He is admitted to practice in New York and the
District of Columbia.

Cadwalader, Wickersham & Taft, established in 1792, is one of the world’s
leading international law firms, with offices in New York, London, Charlotte,
and Washington. Cadwalader serves a diverse client base, including many of
the world’s top financial institutions, undertaking business in more than 50
countries in six continents. The firm offers legal expertise in
securitization, structured finance, mergers and acquisitions, corporate
finance, real estate, environmental, insolvency, litigation, health care,
banking, project finance, insurance and reinsurance, tax, and private client
matters. More information about Cadwalader can be found at
http://www.cadwalader.com.

British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.