29 January 2007 - The Frankfurt Office of Mayer, Brown, Rowe & Maw advised Lone Star on Bluebonnet Finance, the ?1.35bn first German NPL securitisation backed by a portfolio of non performing, sub-performing and non-strategic mortgage loans. This transaction, which closed December 2006 received the prestigious ISR award "Deal of the Year 2006". Mayer, Brown, Rowe & Maw was also shortlisted for the 2006 ISR Award "Law Firm of the Year 2006".

Contact for further information:
Dr Ingo Kleutgens
+49 69 7941 1311

Dr Jörg Wulfken
+49 69 7941 2951