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Miller Canfield Ranks First in Michigan for Municipal Bond Work

February 20, 2006

The law firm of Miller, Canfield, Paddock and Stone, P.L.C. announces that it again ranks first among Michigan bond counsel law firms in the 2005 Bond Counsel Rankings by Thomson Financial, completing 193 long term new bond issues totaling $4.8 billion. The firm has been the number one bond counsel in Michigan every year in the ranking’s 26-year history.

Miller Canfield’s Public Law Group consists of over 25 lawyers, the largest group of municipal finance specialists in the state of Michigan specializing in capital projects and infrastructure improvements, economic and industrial development projects, environmental response projects, government and regulatory affairs, hospitals, housing, litigation, labor and employment, and local, and state and federal tax.

In 2005 Miller Canfield wrote opinions on 193 municipal bond issues in Michigan, including bonds for:

• Water supply system upgrades for Detroit, Sandusky, Burr Oak, St. Johns, and Wyoming;

• Sewage treatment plant upgrades in Milan, Baraga, Bedford Township, Port Huron, Suttons Bay, Detroit, and Onekama;

• New library buildings in Dexter and Houghton;

• School building improvements for Royal Oak, Utica, South Redford, and Mona Shores Schools;

• New buildings at Lansing Community College;

• New Forensic Laboratory for the Detroit Police Department;

• New roads in Southfield and in Calhoun County;

• Wayne County Airport Authority's second new terminal at Detroit Metropolitan Airport;

• New Cardiovascular Center at University of Michigan Hospitals; and

• Debt refinancings by Traverse Area District Library, City of Marquette, Clintondale Community Schools, and the Michigan Department of Transportation.

The 350-attorney law firm of Miller, Canfield, Paddock and Stone, P.L.C. was established in Detroit in 1852 and has offices in Ann Arbor, Detroit, Grand Rapids, Howell, Kalamazoo, Lansing, Monroe, Saginaw, and Troy, Michigan. Other offices are located in New York City, Pensacola, Florida, Windsor, Ontario, and in Gdynia, Warsaw, Wroclaw, Poland.