In 2003, we handled more than 40 public offerings and Rule 144A placements valued in excess of $5 billion. In the past five years, we have participated in more than 200 public offerings and Rule 144A placements raising over $40 billion. The following are selected highlights from our 2003 transactions:

• Acusphere — Initial Public Offering of Common Stock – $52,500,000 — Counsel to Underwriters
• Akamai — Rule 144A Placement of 1.0% Senior Convertible Notes — $175,000,000 — Counsel to Issuer
• American Superconductor — Follow-On Offering of Common Stock — $54,351,875 — Counsel to Issuer
• Casella Waste Systems, Inc. – Rule 144A Placement of 9.75% Senior Subordinated Notes — $150,000,000 — Counsel to Issuer
• Centene Corporation — Follow-On Offering of Common Stock — $86,250,000 — Counsel to Issuer
• CollaGenex Pharmaceuticals — Follow-On Offering of Common Stock — $20,000,000 – Counsel to Issuer
• Cubist Pharmaceuticals — Follow-On Offering of Common Stock — $90,000,000 — Counsel to Underwriters
• Cytogen — Follow-On Offering of Common Stock — $20,500,000 — Counsel to Issuer
• DoubleClick — Rule 144A Placement of Zero Coupon Convertible Subordinated Notes — $135,000,000 — Counsel to Issuer
• Epix Medical — Follow-On Offering of Common Stock — $69,675,000 — Counsel to Underwriters
• First Marblehead — Initial Public Offering of Common Stock — $213,900,000 — Counsel to Issuer
• John Hancock — Public Offerings of Common Stock and Preferred Stock of Closed-End Funds — $1,544,625,000 — Counsel to Issuer
• Keane — Rule 144A Placement of 2% Convertible Subordinated Debentures — $150,000,000 – Counsel to Issuer
• LCC — Follow-On Offering of Common Stock — $33,005,000 — Counsel to Underwriters
• Lexicon — Follow-On Offering of Common Stock — $49,350,000 — Counsel to Underwriters
• Lincare — Rule 144A Placement of 3.00% Convertible Senior Debentures — $275,000,000 — Counsel to Issuer
• LIN Television Corporation — Rule 144A Placement of 2.50% Exchangeable Senior Subordinated Debentures — $125,000,000 — Counsel to Issuer
• LIN Television Corporation — Rule 144A Placement of 6 ½% Senior Subordinated Notes — $200,000,000 — Counsel to Issuer
• nCipher — Public Distribution and Repurchase of Redeemable Preference Shares — £65,000,000 — Counsel to Issuer
• NitroMed — Initial Public Offering of Common Stock — $61,380,000 — Counsel to Issuer
• Nortel Networks — Secondary Offering of Common Stock of ARRIS Group, Inc. — $49,050,000 — Counsel to Nortel
• Ocean Power Technologies, Inc . — Initial Public Offering of Common Stock — £25,000,000 – Counsel to Issuer
• Open Solutions — Initial Public Offering of Common Stock — $87,946,080 — Counsel to Issuer
• Pioneer Investments — Public Offerings of Common Stock and Preferred Stock of Closed-End Funds — $961,625,000 — Counsel to Issuer
• Progenics Pharmaceuticals, Inc . — Follow-On Offering of Common Stock — $54,153,125 — Counsel to Underwriters
• PS Business Parks — Follow-On Offering of Common Stock — $111,379,805 — Counsel to Underwriters
• Sepracor — Rule 144A Placement of 0% Convertible Senior Subordinated Notes — $750,000,000 — Counsel to Issuer
• SRA International, Inc. — Follow-On Offering of Common Stock — $104,362,500 — Counsel to Issuer
• Staples — Follow-On Offering of Common Stock — $252,861,540 — Counsel to Issuer
• The Medicines Company — Follow-On Offering of Common Stock — $97,952,400 — Counsel to Issuer
• Wolfson Microelectronics — Initial Public Offering of Ordinary Shares — £79,500,000 – Counsel to Issuer
• Yankee Candle — Secondary Offering of Common Stock — $216,626,644 — Counsel to Issuer