PRESS RELEASE

15 January 2013

Law Debenture Trust Company of New York



Press Release
January 14, 2013



Appointment of new President and Chief Executive Officer

The Board of Directors of The Law Debenture Trust Company of New York announce today, the appointment of Kevin T. O’Brien as President and Chief Executive Officer of the Company. Kevin has over 25 years’ experience in Corporate Trust, most recently  as Head of Corporate Trust and Loan Agency at HSBC Bank USA.

Caroline Banszky, The Law Debenture Group Managing Director, said “we are delighted that Kevin has joined the group to lead our Corporate Trust business in New York. With his wealth of experience he has the ideal qualifications to take the business forward.”

Kenneth Portera has resigned with effect from today and the Board of Directors thank him for the contribution he has made to the development of the business.

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