Chadbourne & Parke LLP Statement Concerning the Transition of its Almaty, Kazakhstan Office to Dechert LLP

April 5, 2012

NEW YORK — The international law firm Chadbourne & Parke LLP today issued a statement on the transition of its office in Almaty to the law firm Dechert LLP.

“We wish Ken Mack and all in the Almaty office much success. They have served the Firm and its clients well,” said Chadbourne Managing Partner Andrew Giaccia. “And we will continue to refer those clients who need counsel in Almaty to the office as the opportunities arise. Chadbourne is well known for its high quality emerging markets practices, and the Firm has expanded and will continue to expand in markets which we and our clients view as having the greatest potential for growth and the greatest need for our services. The departure of the Almaty office is not inconsistent with our strategic vision for the Firm. In the last few years we began shifting our resources to our offices in other markets with greater potential for us and expanding into other high growth markets, as evidenced by our recent opening of offices in Brazil and Turkey.”

About Chadbourne & Parke LLP

Chadbourne & Parke LLP, an international law firm headquartered in New York City, provides a full range of legal services, including mergers and acquisitions, securities, project finance, private funds, corporate finance, venture capital and emerging companies, energy/renewable energy, communications and technology, commercial and products liability litigation, arbitration/IDR, securities litigation and regulatory enforcement, special investigations and litigation, intellectual property, antitrust, domestic and international tax, insurance and reinsurance, environmental, real estate, bankruptcy and financial restructuring, executive compensation and employee benefits, employment law, trusts and estates and government contract matters. Major geographical areas of concentration include Russia, Central and Eastern Europe, Turkey, the Middle East and Latin America, with a focus on emerging markets generally. The Firm has offices in New York, Washington DC, Los Angeles, Mexico City, São Paulo, London, Moscow, Warsaw, Kyiv, Istanbul, Dubai and Beijing. For additional information, visit www.chadbourne.com.

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