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June 10, 2010

Guggenheim Securities Expands Presence in Commercial Real Estate Finance, Hires Robert Brennan and Anand Gajjar

Brennan to Lead Commercial Real Estate Finance Group

Guggenheim Securities, a subsidiary of Guggenheim Partners, LLC, announced today that Robert Brennan and Anand Gajjar have recently joined the Commercial Real Estate Finance group as senior managing directors. Brennan will lead the group and report to Ron Iervolino, head of the fixed income sales and trading arm of Guggenheim Securities. The Commercial Real Estate Finance Group – formed in 2009 as a trading platform for CMBS and related products – originates, trades, structures and distributes a broad range of commercial real estate debt instruments.

“We believe there are significant opportunities in the commercial real estate space, and given the relationships, skill sets and experience of this team, we are now well-positioned to capitalize on those opportunities,” said Iervolino. “It is a pleasure to welcome Rob and Anand to the team.”

Brennan joins Guggenheim from Credit Suisse where he spent 18 years and was the global head of the real estate finance and securitization business. A 27-year veteran of Wall Street, Brennan has served in many roles including trading, structuring and investment banking.

Gajjar also joins Guggenheim from Credit Suisse, where he spent 15 years and was most recently a senior member of the real estate finance and securitization group. During his tenure with Credit Suisse, Gajjar launched and built-out numerous commercial real estate businesses and products. Prior to joining Credit Suisse, Gajjar worked at Fitch Investors Ratings Service and at Kenneth Leventhal.

About Guggenheim Partners

Guggenheim Partners, LLC, the parent of Guggenheim Securities, LLC, is a
diversified financial services firm with more than $100 billion in assets under supervision. The firm`s businesses include investment management, investment advisory, insurance, investment banking and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe and Asia. For more information, please visit www.guggenheimpartners.com.

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