Washington, D.C. (October 6, 2005) - Promontory Financial Group, LLC, widely acknowledged for its prominent executives and sophisticated expertise in global financial and regulatory consulting, today announced the appointment of Takuya Fujii as Chairman of Promontory Financial Group Global Services Japan, LLC, its subsidiary company based in Tokyo.

In making the announcement, Eugene A. Ludwig, Chief Executive Officer of Promontory Financial Group, based in Washington, DC, said: “Takuya Fujii is a very special addition to the Promontory team. He is ideally suited to lead Promontory’s operations in Japan, with senior-level experience as both a highly regarded official of the Bank of Japan and a successful business leader.

“Tak’s international financial and educational experience has given him a multi-national understanding and reach that, combined with his multi-lingual skills, make him uniquely suited to a company like ours that operates globally and assists both local and global firms,” Mr. Ludwig said.

Until recently, Mr. Fujii was Chairman of Marsh & McLennan Companies Japan and Special Advisor to the Board of UFJ Holdings. Mr. Fujii was appointed by the Prime Minister of Japan to be President and Chief Executive Officer of Nippon Credit Bank from 1998 to 2001, when the bank was nationalized and sold to the consortium of Softbank, Tokio Marine and Orix. Prior to that appointment, Mr. Fujii worked at the Bank of Japan for more than 30 years, serving as Chief Cashier, General Secretariat of the Policy Board, Chief Bank Supervisor, and Deputy Managing Director of the Monetary Policy Department. Mr. Fujii graduated with a MBA from the Wharton School at the University of Pennsylvania, and an A.B. in Economics from Tokyo University.

“As one of the largest financial markets in the world, Japan has been an important location for Promontory. We have been active for both Japanese and non-Japanese firms in that market. Furthermore, our Japanese office is a hub for other Promontory work throughout Asia. Under Tak’s leadership, we anticipate a material expansion of our activities in the Asia/Pacific region,” Mr. Ludwig said.

Promontory Financial Group, headquartered in Washington, DC, has offices in New
York, San Francisco, and Tokyo. The Asia/Pacific office in Tokyo was opened in May 2004. PFG was founded by Mr. Ludwig, former U.S. Comptroller of the Currency, with others, including Dr. Alan Blinder, former Vice Chairman of the Board of Governors of the Federal Reserve System.

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