Top Disclosure Counsel: All Issues

First Quarter 2007 - Equal Credit to Each Firm

Rank Firm Amount Issues

1 Orrick Herrington & Sutcliffe LLP $6,731.3 19

2 Sidley Austin LLP 6,395.0 6

3 Hawkins Delafield & Wood LLP 4,314.8 7

4 Edwards Angell Palmer & Dodge LLP 2,348.0 4

5 Bryant Miller & Olive PA 1,418.3 11

6 Sherman & Howard (Swenseid & Stern) 705.5 15

7 Jones Hall 531.5 31

8 Chapman and Cutler LLP 430.5 20

9 Nabors Giblin & Nickerson PA 422.6 7

10 Kutak Rock LLP 333.9 22

This is Thomson Financial's "AT23" league table. Dollar amounts are in millions. Rankings are final as of March 31, 2007. Short-term notes, private placements, and deals not meeting Thomson Financial's T+5 policy rule are excluded. In issues with co-counsels, the par value of the issue is divided equally among the firms. Source: Thomson Financial (c) 2007 The Bond Buyer and SourceMedia, Inc. All rights reserved. http://www.bondbuyer.com http://www.sourcemedia.com