Marbridge Group Acquires 3rd China NPL Portfolio

Marbridge Group is pleased to announce the acquisition of its 3rd China NPL portfolio in February 2006.

Since the close of December 2005, Marbridge and its investors have acquired 3 portfolios totaling RMB 500 million ($62 million).

Marbridge Group’s investment strategy focuses on specific regions in China where economic growth is emerging; loan portfolios with short recovery cycles; and significant co-investments by local partners to align interests. The China NPL market appears primed for a robust 2006, with increasing pressure being brought to bear on the China asset management companies for portfolio resolution, which translates into attractive investment opportunities for seasoned buyers.

Marbridge is a pioneer in the China NPL market, with offices in Beijing, Hong Kong and San Francisco. Marbridge Group has assembled a healthy pipeline of China NPL portfolios and is looking forward to multiple closings throughout the remainder of the year.