Lombard Makes Investment in Robinson Department Store PCL

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Tue May 19, 2009 5:31pm EDT

SAN FRANCISCO, May 19 /PRNewswire/ -- Lombard Investments, Inc. ("Lombard") is
pleased to announce the purchase by Lombard Asia III of 48 million shares of
Robinson Department Store Public Company Limited ("Robinson"), a leading Thai
retail operator, from certain entities managed by Farallon Capital Management,
L.L.C. ("Farallon"). 

A spokesperson for Farallon said, "We are excited to bring in Lombard as a
fellow investor in Robinson because of its long track record investing in
Thailand and its focus on working with management to create shareholder
value."

Pote Videt, Managing Director of Lombard, said, "We are delighted to become an
investor in Robinson alongside Farallon, and look forward to working with the
company to support its execution of an exciting multi-year growth plan."

About Lombard:

Lombard is a leading international private equity investment manager with
offices in Bangkok, Hong Kong and San Francisco, and extensive working
relationships in Manila, Ho Chi Minh City and Taipei.  Formed in 1985, Lombard
has made more than 80 controlling and significant minority investments in Asia
and North America.  The firm's investors include some of the world's largest
and most respected financial institutions, major pension funds and
corporations, as well as family investment offices in Asia, North America and
Europe. Lombard made its investment in Robinson through Lombard Asia III, the
firm's South East Asia and Greater China private equity fund. 
(www.lombardinvestments.com)

About Farallon:  

Farallon Capital Management, L.L.C. was founded in March 1986 by Thomas F.
Steyer. The firm manages equity capital for institutions and high net worth
individuals.

More information is available by visiting www.faralloncapital.com



SOURCE  Lombard Investments, Inc.

Mr. Thomas Smith, Managing Director, tsmith@lombardinvestments.com, or Mr.
Pote Videt, Managing Director, pote@lombardinvestments.com, both of Lombard
Investments, Inc., +1-415-397-5900; or Mr. Erik Chu of Farallon Capital
Management, L.L.C., echu@faralloncapital.com
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