The Global Structured Credit Products ("GSCP") business at Citigroup Global Markets encompasses all of the structured corporate credit products, including arbitrage CDOs and structured credit derivatives. The GSCP platform is a fully integrated business complete with dedicated secondary trading, syndicate trading, structuring/origination, research and specialist sales.

In recognition for its achievements in CDOs and structured credit products, Citigroup Global Markets has won multiple awards globally, including most recently (A) the International Financing Review ("IFR") U.S. CDO House of the Year for 2004 and ( B) Number 1 Rankings in all major categories in the AsiaMoney Structured Credit Products Poll 2005(Best Product Range, Best at Structuring Products that Accurately Reflect Your Risk Reward Expectations, Best Market Coverage and Research, Best Training and Educational Support for Structured Products).

Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services, with more than 600 offices in 30 countries.

The Firm's regional headquarters in Hong Kong and network of offices in Tokyo, Beijing, Shanghai, Taipei, Seoul, Singapore, Bangkok, Mumbai, Sydney and Melbourne provide clients with global, regional and local market insight as well as access to a full range of financial services products. In addition to its own offices in China, Morgan Stanley has a presence there through its joint venture, leading domestic investment bank China International Capital Corporation (CICC).

Morgan Stanley's primary businesses in the region include investment banking and capital markets services; real estate advisory and investment; equities and fixed income sales, trading and research; foreign exchange and commodities; derivatives; prime brokerage; investment management; and private wealth management.

Morgan Stanley is a leading underwriter of Asian High Yield Bonds and has consistently won a range of equity and bond awards in recent years. For more information, please visit www.morganstanley.com /about/offices/

For enquiries on structured products, please email us at: ap_structured_products_info@morganstanley.com

THE ROYAL BANK OF SCOTLAND GLOBAL FIXED INCOME – A FRESH APPROACH

Over the last five years The Royal Bank of Scotland (RBS) has won recognition and respect as one of the largest and fastest growing banking groups in the world and one of the most compelling banking stories of the decade.

By market capitalisation, RBS ranked eighth in the world and third in Europe as of 3rd February 2006. Our bank senior and long-term debt ratings from S&P and Moody’s are AA and Aa1, ranking us among the most creditworthy financial institutions in the world.

Our size and credit quality by themselves make us a key player in the world’s financial and fixed income markets and a key relationship for the leading corporates and institutions that use them.

Visit the RBS exhibition stand, speak to any RBS representative at the Taiwan CDO & ABS 2007 or visit www.rbsmarkets.com.

RBS – making it happen in the global fixed income markets.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity.

The JPMorgan group launched in the Asia Pacific region in 1872 when it opened an office in Sydney. The Hong Kong office opened 76 years ago and the firm has been operating in Japan and the Chinese Mainland since the 1920s.

This commitment to the region in reflected today through its network of 23 offices in 14 countries. JPMorgan has an unparalleled client base and leadership across the range of financial services products. These include,  investment banking, risk management and trading, institutional equities, treasury and securities services, asset management and private banking. JPMorgan's Asia headquarters is in Hong Kong and the principal offices are in Beijing, Tokyo Singapore and Sydney. The other China offices are in Shanghai and Tianjin.

JPMorgan has always been known for its strength in the derivatives market. In 2005, JPMorgan pro-actively led the market in credit derivatives and structured products - a testament to the strength of our product and client franchise. The firm was nominated as the 'Best Credit Derivatives House' award from The Asset, the 'Interest Rate Derivatives House of the Year' award from AsiaRisk, and Credit Derivatives House of the Year' award from Derivatives Week and Structured Products Magazine in 2006 for its organizational innovation. JPMorgan's recent initiatives include the launch of new asset classes, such as emerging markets and single hedge fund strategy structured investments and the success of our Third Party Group in delivering cross-asset investments to retail clients via intermediary banks.

ACA Capital is a holding company that provides asset management services and credit protection products to participants in the global credit derivatives markets, structured finance capital markets and municipal finance capital markets. ACA Capital's asset management services are provided through its asset management subsidiary, ACA Management, L.L.C., and its credit protection products are provided through its "A" rated financial guaranty insurance subsidiary, ACA Financial Guaranty Corporation.

We operate through three strategic business units: CDO Asset Management, Structured Credit and Municipal Finance. Each of these businesses relies on our core competencies of credit analysis, transaction structuring, risk management and surveillance. Applying these competencies across our platform allows us to create efficiencies in our operations and to deliver a wide range of services and products to our institutional customers

Calyon is Crédit Agricole's Corporate and Investment Banking entity. Backed by Crédit Agricole S.A.'s credit ratings and financial solidity, Calyon is positioned as a major player in financial markets and among Europe's leading corporate and investment banks by revenues.

With a staff of 13,000 employees in 55 countries, Calyon is active in a broad range of capital markets, investment banking and financing activities.

The Capital Markets division covers all aspects of the trading and sale of both standard and structured capital markets products. Its client coverage staff operates out of 30 trading rooms and is organised into 7 business lines – treasury, equity derivatives, interest rate derivatives, foreign exchange, commodities, debt capital markets (Bond origination, securitisation & alternative risk transfer) and credit markets & CDO.