CB Richard Ellis Group, Inc. - Special/M&A Calls

CB Richard Ellis Group, Inc. announced that it has named Maureen Ehrenberg as the head of Global Facilities Management for the Company's Global Corporate Services (GCS) group. The appointment of Ms. Ehrenberg, who recently joined CBRE as senior managing director in its strategic consulting division, reinforces the firm's management diversity and depth. GCS provides transaction, facilities and project management and strategic consulting services to major occupiers around the world. In this role, Ms. Ehrenberg will lead the firm's Global Facilities Management service line, assisting CBRE's corporate, healthcare, and public sector clients who seek transformational change in managing their facilities and related functions as a means to streamline operations and reduce operating expense. CBRE's global facilities management clients benefit from the firm's global footprint, technical expertise and significant sourcing leverage. Ms. Ehrenberg brings considerable and far-reaching corporate real estate experience to this position. Previously, she led the Global Client Services business for Grubb & Ellis, which included property and facility management, transaction management, project management, lease administration and strategic consulting services. She was recently recognized by the Illinois Real Estate Journal's Women in Real Estate with a Career Achievement award for her making significant contributions to the commercial real estate industry, delivering extraordinary results for her clients and serving as a role model to her peers.

CB Richard Ellis Group Inc. extended the expiration date of its offer to exchange $450,000,000 of its 11.625% Senior Subordinated Notes due 2017, which have been registered under the Securities Act of 1933, as amended (collectively, the 'Exchange Notes') for any and all of its outstanding 11.625% Senior Subordinated Notes due 2017 (collectively, the 'Outstanding Notes'). The exchange offer was originally set to expire at 5:00 p.m., New York City time, on October 29, 2009. As of this date, tenders of approximately $376,925,000 aggregate principal amount, or 83.8%, of the Outstanding Notes, including tenders pursuant to the guaranteed delivery procedure, have been received pursuant to the exchange offer.