WASHINGTON—April 19, 2006—Arent Fox is pleased to announce that Deborah Froling has joined the firm’s Corporate and Real Estate Groups as a member in the Washington, DC office.

"Froling’s depth of experience in corporate and securities work, especially relating to real estate-related securities, will greatly enhance our existing expertise in those areas," said Marc Fleischaker, Arent Fox chairman, "Her broad knowledge will offer clients an extremely valuable resource."

Froling has extensive experience in public and private offerings of debt, equity and convertible securities as both issuer’s and underwriter’s counsel, primarily for REITs and other real estate companies. Froling has also worked with public and private company clients providing general corporate counseling and advice on periodic and annual reporting and other securities disclosure requirements. Froling also has an active practice in the tenant in common syndication industry and expects to continue representing her clients in that field.

Froling frequently speaks at conferences and writes on topics such as tenant in common syndications (TICS), securities law issues, non-traded REITs and retention strategies for women. Previously, Froling worked for two national law firms in Washington, D.C., and was an attorney-advisor in the Division of Corporation Finance at the SEC where she examined and analyzed transactional and periodic filings for compliance with federal securities laws, primarily for REITs and syndicated limited partnerships.

She received her J.D. from the Columbus School of Law at The Catholic University of America and her B.A. from the College of William and Mary.

About Arent Fox

Arent Fox, a full-service law firm with offices in Washington, DC, and New York, is recognized as a leader in areas including international trade, intellectual property, real estate, health care/life sciences and litigation. The firm has a wide range of expertise in corporate securities and transactions, financial restructuring and bankruptcy, government relations and regulation, labor and employment law, finance, tax, corporate compliance and the global business market. Arent Fox provides services to Fortune 500 companies, government agencies, trade associations, foreign governments, long-term care facilities, start-up companies and other entities.