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European High Yield Association (EHYA) Appoints Charlton As General Counsel And Executive Director, Regulatory Policy, Of SIFMA

Date 11/09/2007

The European High Yield Association (EHYA) and the Securities Industry and Financial Markets Association (SIFMA) are pleased to announce the appointment of Lorraine Charlton as General Counsel of the EHYA and Executive Director, Regulatory Policy, of SIFMA.

Charlton, a US-qualified lawyer with 12 years of legal experience, joins the EHYA/SIFMA from the Office of the Legal Advisor in Asmara, Eritrea, where she was Deputy Legal Advisor to the Office of the President of Eritrea. The Office represents Eritrea before the Eritrea-Ethiopia Boundary Commission and the Eritrea-Ethiopia Claims Commission in The Hague.

Prior to that, Charlton was an attorney in the London offices of Latham & Watkins LLP, where she focused on international capital markets, primarily representing underwriters in high yield debt transactions. Ms Charlton arrived in London in 1998 after working as an associate in the Brussels and New York offices of Cleary, Gottlieb, Steen & Hamilton.

Commenting on her appointment, Charlton said: “I am excited to be rejoining the securities field at such an interesting time. Recent turmoil in the capital markets should encourage members to look to EHYA/SIFMA as a source of expertise. I look forward to helping both these organizations play a leading role during uncertain times.”

Karsten Moller, Senior Managing Director & Head of Europe and Asia, SIFMA, said: “We are delighted to have someone of Lorraine’s caliber join our team in London. We expect her to be instrumental as we expand our product focus in London.”