Lehman Brothers Recognized in Investment Dealer's Digest "Deals of the Year 2007" Issue

January 2008
Investment Dealer's Digest recognized Lehman Brothers for the following awards in its "Deals of the Year 2007" issue on January 21, 2008:

• Private Equity and Energy Deal of the Year: Acquisition of TXU by an Investor Group Led by Kohlberg Kravis Roberts (KKR) and Texas Pacific Group (TPG)
  -Lehman Brothers acted as joint financial advisor to KKR and TPG, provided financing in support of the acquisition and is a member of the investor group in TXU
  -The $44 billion acquisition of TXU is the largest-ever completed U.S. leveraged buyout
  
  
• Healthcare Deal of the Year: Triad Hospital Merger With Community Health
  -Lehman Brothers acted as financial advisor to Triad Hospitals
  -Triad Hospital's $6.4 billion merger with Community Health Systems created the largest publicly traded hospital company in the U.S.
  
  
• Technology Deal of the Year: Acquisition of First Data by Kohlberg Kravis Roberts (KKR)
  -Lehman Brothers acted as financial advisor to KKR, provided committed financing and is a member of the investor group
  -The $27 billion acquisition of First Data is the largest technology leveraged buyout in history

The transactions mentioned herein appear as a matter of record only.