Statement of Milberg Weiss LLP

Sep 19, 2007, 01:00 ET from Milberg Weiss LLP

    NEW YORK, Sept. 19 /PRNewswire-USNewswire/ -- The following statement
 is being issued by Milberg Weiss LLP:
     Milberg Weiss understands that a second superseding indictment will be
 issued tomorrow that will include new charges against the Firm and also
 Melvyn Weiss. Mr. Weiss has decided to discontinue his participation in
 Firm management in order to focus on the defense of the charges against
 him. The Firm's other partners, none of whom is alleged to have been
 involved in any wrongdoing, will be responsible for its management and
 litigation activities. Mr. Weiss will remain available to counsel clients
 and Firm attorneys. The Firm remains proud of Mr. Weiss' and the Firm's
 accomplishments over the years and will continue to fight for its clients
 and class members and to produce the excellent results for which it is
 known. We do not anticipate any interruption in our work and we look
 forward to putting this difficult period behind us.

SOURCE Milberg Weiss LLP