New York, March 23, 2011 – Seabury Capital LLC, a global investment banking, management advisory and investment management firm, today announced the promotion of two key members of its Investment Banking Division.

Investment Banking

Stephan Krastev has been promoted to Senior Vice President. Mr. Krastev joined Seabury in 2002. During his tenure at Seabury, Mr. Krastev has structured and executed a broad range of transactions, including restructuring, capital raising and M&A advisory. Most recently, Mr. Krastev was involved in the highly successful liquidity financing programs for US Airways ($525M) and Air Canada (C$1B) and advised Frontier Airlines in its acquisition by Republic Airways. Prior high-profile assignments include US Airways’ liquidity financing program ($1.1B) in 2008; advising Northwest Airlines (2005-2007) during its financial restructuring, including arranging $750 million of new equity and restructuring of debt obligations; and advising Air Canada (2003-2004) and US Airways (2002-2003) during their respective court-supervised proceedings, including restructuring of aircraft debt and lease financings.

Mr. Krastev holds a B.S. degree with a double major in Finance and Computer Applications Information Systems from the University of Bridgeport. He is a FINRA registered representative with Series 7, 63 and 79.

Ian Malin has been promoted to Senior Vice President. Mr. Malin joined in 2008 as Vice President of Seabury Asia. Based in Hong Kong since 2007, he is responsible for origination across all of Seabury’s business lines targeting aviation, aerospace, maritime and financial clients across Asia and Australia. Since joining Seabury, Mr. Malin originated both banking and consulting engagements in Hong Kong, Indonesia, China, Philippines, Kazakhstan, Mongolia, Ukraine, Singapore, and the United Kingdom, including in excess of US $1 billion of aircraft disposal, lease origination, export agency, senior aircraft debt and components & rotables financing transactions.

Prior to Seabury, Mr. Malin was a Vice President at Allco Finance Group. At Allco, he completed in excess of US $4.5 billion of cross-border infrastructure and rolling stock lease transactions with the United States, Austria and Germany.

Prior to joining Allco, Mr. Malin worked for KPMG. Mr. Malin holds a BA in German and a BA in Geography from Middlebury College and a JD from New York Law School.

About Seabury Capital

Seabury Capital is a global investment banking, advisory and investment management firm providing investment banking, restructuring/corporate recovery, management consulting, IT development, human capital and investment management advisory services. Seabury professionals have in-depth experience in a broad range of industries including aerospace, automotive, aviation, cargo, consumer products, distribution, financial services, gaming, infrastructure (ports and airports), logistics, maritime and manufacturing. Seabury has advised on more than 500 client engagements around the world. Seabury’s operations span Africa, Australasia, Asia, Europe, the Middle East, and the Americas with principal offices in New York, London, Amsterdam, Hong Kong, Los Angeles, Minneapolis, and Washington, D.C., and additional representative offices in Dublin, Dallas/Fort Worth, Houston, and Singapore.

Seabury is the leading global advisor to the aviation industry, having successfully managed seven of the 10 largest airline restructurings or corporate recoveries in the world, and raised over $30 billion of capital financing, including advising on over $3.5 billion of equity financings. Seabury’s investment banking and corporate advisory team has corporate restructuring and insolvency experience representing companies on distressed M&A transactions, refinancing, recapitalizations, and debt renegotiations. Seabury offers financial services through SeaCap Partners a strategic advisory and merchant bank focused exclusively on the global investment management industry.

Landmark assignments include advising Cathay Pacific Airways on strategic planning and a multi-billion new widebody aircraft order (2009-2010); providing comprehensive profit improvement programs for several major African and Middle East carriers (ongoing); completing a highly successful $525 million liquidity raise for US Airways (November 2009); advising United Air Lines on a multi-billion dollar order of new widebody aircraft (December 2009), and completing a Cdn$1.0 billion liquidity raise for Air Canada (September 2009), the restructuring, recapitalization and sale of Frontier Airlines (October 2009), and advising on the restructuring and sale of Midwest Airlines (July 2009). Additional landmark deals include: raising $1.1 billion for US Airways Group, Inc. (October 2008); restructuring and raising over $2 billion of new equity and debt capital for Northwest Airlines (September 2007), for which Seabury was awarded Airfinance Journal’s “North American Deal of the Year”, successfully completing a restructuring and comprehensive corporate turnaround program for South African Airways (2006-2007); and serving as both M&A advisor and raising over $2 billion of equity and debt financing for the merger of US Airways with America West Airlines (2005). For more information, please visit: www.seaburygroup.com