Dr. Jonathan LevyThomas EastonAttorneys at LawTel/Fax 202-318-2406

jonlevy@hargray.com FOR IMMEDIATE RELEASEJANUARY 29, 2010

PRE 1949 CHINESE FOREIGN DEBT LAWSUITSan Francisco:The bonds have exotic names like Imperial Chinese Government Hukuang RailwaysGold Loan, French Boxer Indemnity and 1913 Reorganization Gold Loan and theyare all in default.

Holders of Chinese bonds issued from 1895-1942which are all in default since 1949 aretaking on the former masters of Nationalist China – the Kuomintang. The bondholderplaintiffs which include two American bond holding corporations and the Taiwan CivilRights Litigation Organization are suing the Kuomintang’s business managementcommittee for an accounting and redemption of 120,000 separate bonds some over 110years old and backed by gold.The name of the case filed in the United States District Court for the Northern District of California is

Taiwan Civil Rights Litigation Organization et al v. Kuomintang Business Management Committee

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Case No. C10-362JL

.Prior to the 2000 election of Chen Shui-bian to the presidency of the Republic of Chinaon Taiwan, the Kuomintang of Generalissimo Chiang Kai-shek ruled Taiwan with an iron