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July 23, 2001

BGL Hires Former Borg-Warner Executive, Christopher Gebelein

The investment banking firm of Brown, Gibbons, Lang & Company, L.P. (BGL), has hired Christopher A. Gebelein, 55, as managing director for the firm’s Chicago office to help expand BGL’s national corporate divestiture practice. Gebelein was formerly head of corporate development for both Borg-Warner and Inland Steel Industries. He also served as immediate past president of the Association for Corporate Growth

International (ACG), an association with 5,000 business professionals in 36 chapters, and as immediate past chairman of the Manufacturers Alliance Council of Planning Executives, a 40 member association of corporate development officers. Gebelein will work with BGL’s larger public and private equity clients, particularly those seeking to divest middle market business units.

BGL also announced that Andrew W. Chidester, 34, former vice president of Dresdner Kleinwort Wasserstein’s Midwest Private Equity Sponsor Group, has joined the firm as vice president for the Chicago office. Chidester will focus on marketing BGL’s investment banking services to private equity funds. Chidester, a seasoned corporate finance specialist for over 12 years, commenced his career at Deloitte & Touche after which he worked at Household International and then in the Corporate Finance Group at Heller Financial, Inc.

Brown, Gibbons, Lang & Company is a Midwest-based investment banking firm serving middle market businesses nationally and internationally. In the past four years, BGL has completed more than $3 billion of M&A transactions, more than $600 million of institutional private placements, a dozen corporate restructurings, and has sponsored and financed three successful industry roll-ups. The firm has more than 25 investment banking professionals with offices in Chicago and Cleveland.