* Derivatives.

Societe Generale Group
Societe Generale is one of the largest financial services groups in the
euro-zone.

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Among the world leaders in equity derivatives and in many
interest rate, credit, foreign exchange and commodities derivatives.

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2 in global
securitizations in euros for 2004/2005 by IFR and Euroweek . Together we
will have a US equity derivatives platform with over 100 front office staff.

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com

SG Corporate + Investment Banking
SG CIB is the Corporate and Investment Banking arm of the Societe Generale
Group.
* Structured finance.

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Our New York and London syndication, sales and trading teams
provide global distribution capacity in the public and private markets. NEW YORK, Strategic Research Institute and the
Commercial Finance Association present the 2006 preeminent lending conference
structured for asset based and commercial finance professionals active in
Asset Based Syndications and Upper Tier Asset Based Lending Markets.sgcib.

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SG Corporate + Investment Banking Hires David Stern to Run Securitization Syndicate Desk for the Americas

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Among the world leaders in equity derivatives and in many
interest rate, credit, foreign exchange and commodities derivatives. http://www.

5th Annual Asset Based Lending in the Capital Markets Summit

Discount is subject to approval.srinstitute.
One and a half years after the acquisition of Constellation Financial
Management, this new acquisition further strengthens SG CIB's global franchise
in structured products and affirms its profitable growth strategy.

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socgen.
"This deal delivers a triple benefit to us," stated Christophe Mianni,
Global Head of SG CIB's Equity Derivatives Group. The Group employs 92,000 people worldwide in three key businesses:

* Retail Banking + Financial Services: Societe Generale serves more than
16 million retail customers worldwide. http://www.

intex estimations

Taylor + Martin, Inc. The team is one of the leading
providers of structured products to funds of funds investors, and focuses on
leverage, principal protection and access for institutional hedge fund
investors.

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SG Corporate + Investment Banking Announces the Acquisition of Bank of America's Hedge Fund-Linked Structured Investments Business

"The combination of the Structured Investments business and the
alternative asset activities of SG CIB's Lyxor Asset Management subsidiary
gives SG CIB a clear leading position among institutions offering structured
alternative investment products ," said Francois Barthelemy, Head of Equity
Derivatives for SG CIB in the Americas.

* Corporate + Investment Banking : SG CIB ranks among the leading banks
worldwide in euro capital markets, derivatives and structured finance.

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NEW YORK, SG Corporate + Investment Banking (SG
CIB ) today announced a key addition to its debt syndicate desk as the firm
continues to bolster its structured finance business in the Americas, an
initiative most recently demonstrated by the firm's launch of an Americas RMBS
business earlier this year and the expansion of its US asset-backed sales
team . Stern joins from JP
Morgan where he was a senior member of the ABS syndicate desk playing a
leading role in the distribution of structured asset-backed products in both
New York and London.
Thacher Proffitt + Wood LLP
The First American Corporation's UCC Division
Wachovia Capital Finance
Wells Fargo Foothill
Western Capital Partners LLC

Sponsorship and exhibiting opportunities are still available.
Subject to customary closing conditions, Bank of America's Structured
Investments' sales, marketing and support staff will join SG CIB's Equity
Derivatives platform in both New York and London.

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Stern will be based in New York and report to Bob Woods , SG CIB's Head of
Debt Syndicate for the Americas, and Terry Shanahan, Global Head of Securities
Syndicate, located in London.).
* Global Investment Management + Services: Societe Generale is one of the
largest banks in the euro-zone in terms of assets under custody (EUR
1,180 billion, March 2005) and under management (EUR 326 billion, March
2005).com
http://www. The agreement includes certain proprietary technology
related to the business.
The transaction does not include Bank of America's other equity structured
products businesses . A top ten player in debt and equity segments
(bonds, securitisations, syndicated loans, equity-linked and equity
issues).

The category Business/Financial Services/Information Services is designed for companies specialising in the provision and manipulation of information relevant to the Financial Services industry.

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A worldwide leader in export, project and
structured commodity finance.

Combining innovation and quality of execution, SG CIB provides corporates,
financial institutions and investors with value-added integrated financial
solutions.

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The Group employs 92 ,000 people worldwide in three key businesses:
* Retail Banking + Financial Services: Societe Generale serves more than
17 million individual customers worldwide. Economic Forecast after the Year of the Hurricanes
* The International Arena: Global Applications and Markets for Asset Based
Lenders
* League Tables/Research/Ratings: Drawing a Box around the ABL Market
* Private Equity and Asset Based Lenders: Teaming up for Success
* Asset Based Lending and Securitization: Strategies and Business
Synergies
* Asset Based Lending Developments and Opportunities in the Retail Sector
* The Role of Smaller and Niche Lenders in Large Company ABL

Members of the Commercial Finance Association receive a 10% discount on
registration .

For complete list of speakers, detailed agenda, and registration
information:
Log onto: http://www.
GE Commercial Finance
GMAC Commercial Finance
Harris Nesbitt
NachmanHaysBrownstein, Inc.

* Global Investment Management + Services : Societe Generale is one of
the largest banks in the euro-zone in terms of assets under custody
(EUR 1,115 billion) and under management (EUR 315 billion, December
2004).

* Derivatives .

* Structured finance.

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Societe Generale Group
Societe Generale is one of the largest financial services groups in the
euro-zone. Present in over 45 countries across Europe , the Americas and Asia, SG
CIB is a reference bank specialising in:
* Euro capital markets .com
Phone: 800-599-4950 / 212-967-0095

*Please mention keycode DPR001382 when registering .com

George Kent
Head, ABS and Capital Markets Group
Strategic Research Institute
Phone: 302-691-6065
E-mail: gkent@srinstitute. PARIS and NEW YORK, SG Corporate + Investment
Banking (SG CIB) today announced that it has signed a purchase agreement with
Bank of America Corporation and certain affiliates (Bank of America) to
acquire Bank of America's Structured Investments business, which provides
institutional investors focused on hedge funds with lending and structured
product solutions. "It diversifies our
portfolio of structured alternative investment products, it enlarges our US
customer base and it gives us the opportunity to integrate an expert team,
which will widen our distribution capability to US institutions.

Societe Generale is included in the four major socially responsible
investment indexes.

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.
SG CIB's securitization team closed over hundred transactions worldwide in
2004, both public and private, across a wide range of asset types including
residential and commercial mortgages, auto receivables, consumer loans,
corporate loans, trade receivables and CDOs.com

SG Corporate + Investment Banking
SG CIB is the Corporate and Investment Banking arm of the Societe Generale
Group.

Combining innovation and quality of execution, SG CIB provides corporates,
financial institutions and investors with value-added integrated financial
solutions.

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David Stern joins SG CIB as Head of Securitization Syndicate Americas, and
will be responsible for pricing and underwriting new securitization issues -
including ABS, CMBS, RMBS and CDO's - while coordinating distribution with SG
CIB's asset-backed sales desk, headed by Terry Sanabria.

SG CIB Securitization Group
Active for more than a decade and organized on a global basis, SG CIB's
Securitization Group has over 100 professionals providing arranging,
structuring and advisory services in Europe (Paris, London, Madrid, Milan, and
Amsterdam), the United States (New York and Chicago) and Asia-Pacific
(Sydney. A top ten player in debt and equity segments
(bonds, securitisations, syndicated loans, equity-linked and equity
issues). For more
information, please contact:

Rita Karsadi
Senior Director , Business Development
Phone: 480-634-8986
E-mail: rkarsadi@srinstitute.socgen.

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SG CIB is ranked No.

Societe Generale is included in the four major socially-responsible
investment indexes.

EARLY CONFERENCE SPONSORS AND EXHIBITORS INCLUDE:

Accord Financial, Inc .

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This includes the following categories of information :
i) Current and historic price data for financial assets
ii) Current and historic news feeds on financial matters
iii) Forecast and historic company fundamental data (earnings, balance sheet, background)
iv) Forecast and historic macroeconomic fundamental data (GDP, trade, inflation)
v) Corporate debt and equity valuation analysis
vi) Personal and corporate credit analysis and information
vii) Financial services market research data
If you have any comments or suggestions on the content and aims of this category, please e-mail the editor(s).

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com/CA318

"
Structured Investments was formed at Bank of America in early 2002 to
service institutional hedge fund investors.

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Stern holds an MBA from the NYU Stern School of
Business.S.
Paul Hastings
PNC Capital Markets, LLC.

skyminder giamaica

http://www.
In its fifth year, the summit is now endorsed and co-hosted by the
Commercial Finance Association and encompasses topical issues for major asset
based focused institutions, including:

* Large Company + Large Transaction Asset Based Lending: Market Dynamics
* Asset Based Borrowers: The View from the Buy-side
* Asset Based Lending Syndications and Capital Markets Update
* The 2005 Bankruptcy Reform Act: The Practical Impact on Asset Based
Lenders
* Hedge Funds and New Market Players in Asset Based Lending and Distressed
Debt Markets
* The U.
Bank of America
Commercial Capital Inc.srinstitute. Present in over 45 countries across Europe, the Americas and Asia, SG
CIB is a reference bank specialising in:

* Euro capital markets. A worldwide leader in export, project and
structured commodity finance.com

possess telekurs

* Corporate + Investment Banking: SG CIB ranks among the leading banks
worldwide in euro capital markets, derivatives and structured finance.sgcib.com/CA318
Contact: info@srinstitute. Bank of America will work
closely with SG CIB over the next 90 days to ensure a seamless transition. Awarded
Best Equity Derivatives House of the Year by IFR, Risk and The Banker in 2004,
SG CIB's equity derivatives group continues to extend its standing as a
leading provider of equity derivatives products and solutions to large
institutional investors.

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com

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"David brings valuable experience to our syndicate team and will be a key
component alongside SG CIB's strong origination and sales teams as we strive
to provide investors and issuers with unparalleled global capabilities," said
Woods. In addition, SG CIB has agreed to arrange for the
transfer of client financing transactions and related assets, including
structured products linked to alternative investment funds of funds. http://www.