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January 31, 2008

Willkie advises Deutsche Bank Securities, the financial advisor to Excel, in the transaction.

On January 29, Excel Maritime Carriers Ltd and Quintana Maritime Limited announced that Excel has agreed to acquire Quintana in a deal valued at $2.45 billion.   Willkie advised Deutsche Bank Securities, the financial advisor to Excel, in the transaction.    Excel is an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes.   With 22 vessels, Greece-based Quintana is an international provider of dry bulk cargo marine transportation services.  The deal was handled by partner David Boston and associate Robert Langdon. 

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