FOR IMMEDIATE RELEASE
November 14, 2007

Davis Wright Tremaine Responds to China’s Banking Liberalization, Sees Opportunities for American Financial Service Companies

Firm Relocates Finance and China Practice Co-Chair Norm Page to Shanghai

SEATTLE AND SHANGHAI, (Nov. 14, 2007) – The international law firm Davis Wright Tremaine LLP (DWT), announced today that partner Norm Page has relocated to the firm’s Shanghai office and will help grow the firm’s financial services and technology practices in China. Page served as Chair of DWT’s firm-wide Executive Committee for ten years before stepping down to concentrate on the China practice. He will continue to serve as Co-Chair of both the China and the Finance and Commercial Law Practice Groups.

“China’s banking liberalization presents U.S. financial service companies with unprecedented opportunities,” said Gary Locke, co-chair of DWT’s China Practice Group and former two-time governor of Washington state. “Norm’s presence on the ground in China will provide U.S. companies with the expertise needed to enter and navigate what will soon become the world’s largest financial services market.”

“The opening of China’s financial services sector creates a unique opportunity for U.S. companies, especially in the areas of consumer products and consumer finance” commented Page. “After years of anticipation, the age of the Chinese consumer has arrived. The business environment in Shanghai has changed more in the past two years than in the dozen years before. Shanghai, at this moment, is a very exciting place to be.”

DWT is widely recognized as one of the leading law firms on the West Coast of the United States in the representation of the financial services and technology industries including commercial banks, credit card companies, Internet and online payment companies, and finance and leasing companies.

About Davis Wright Tremaine's China Practice

As the first U.S. law firm authorized to establish an office in Shanghai, DWT has the knowledge and experience to represent clients in all aspects of foreign direct investment. The China Practice Group consists of over 17 professionals who provide comprehensive legal counsel to businesses from all over the world. For more information, visit http://www.dwt.com/practc/sha_chi/legalservices.cfm.

DWT is a full service business and litigation firm with more than 420 attorneys in its nine offices located in Anchorage; Bellevue, Wash.; Seattle; Portland, Ore.; Los Angeles; San Francisco; New York; Washington D.C.; and Shanghai, China.

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DAVIS WRIGHT TREMAINE CONTACTS:

Shanghai
Norm Page
Co-Chair, China Practice
Co-Chair, Finance and Commercial Law Practice
(011) 86-21-6279-8560, normpage@dwt.com

Seattle
Gary Locke
Co-Chair, China Practice
(206) 622-3150, garylocke@dwt.com

Barrie K. Handy APR
Firm-wide Communications Manager
(206) 757-8494, barriehandy@dwt.com