LAZARD LT : Lazard Hires Jim Rossman as a Managing Director in the Power, Energy & Infrastructure Group

Lazard Ltd (NYSE: LAZ) today announced that it has hired Jim Rossman as a Managing Director in the Power, Energy, and Infrastructure Investment Banking Group, effective immediately. Based in New York, Mr. Rossman joins from Macquarie Group where he was a Senior Managing Director and U.S. Head of Equity Capital Markets.

Mr. Rossman, 47, has 20 years of capital markets and advisory experience and will focus on Lazard's alternative energy efforts. While at Macquarie, Mr. Rossman advised a diverse set of companies and investors on financing transactions involving alternative energy and related businesses, including wind and solar developers and equipment manufacturers, smart grid, electric vehicles and batteries, both in North America and Asia. Previously, Mr. Rossman was Head of Equity Capital Markets, Americas, and Latin America Corporate Banking at HSBC, and also Head of Equity Capital Markets at Lazard from 2003 to 2005. He began his career at Cleary, Gottlieb, Steen & Hamilton, where he worked in the New York and Brussels offices on public offerings, debt restructurings and mergers and acquisitions.

Recent Lazard alternative energy assignments include advising Amonix on a private placement; Broadwind Energy on its follow-on equity offering; Capstone Turbine Corporation on its equity offering; EDF Energies Nouvelles on its framework agreement for the financing of a portfolio of French solar power plants; Louis Dreyfus Commodities on the combination of LDC Bioenergia and Santelisa Vale; Pacific Ethanol on its senior convertible notes offering; STR Holdings on its follow-on equity offering; and Verenium in connection with its joint venture with BP.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 41 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating back to 1848, the firm provides advice on mergers and acquisitions, restructuring and capital raising, as well as asset management services to corporations, partnerships, institutions, governments, and individuals. For more information on Lazard, please visit http://www.lazard.com/

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