SAN FRANCISCO, January 5, 2009 - ThinkEquity LLC, a Panmure Gordon company, is pleased to confirm that it acted as sole financial adviser to RuleBurst Holdings Ltd, parent company of Haley Ltd, on its acquisition by Oracle Corporation in a transaction which closed on 30th December. RuleBurst, headquartered in Sydney, Australia, is a leading provider of policy modeling and automation software for legislative and regulated industries such as public sector, financial services, and insurance.

ThinkEquity chief executive Greg Wright said: “It was an honour to be appointed by RuleBurst as financial adviser on this cross-border transaction. During a period when the equity markets have been so volatile, ThinkEquity has enjoyed a record year in M&A advisory activity, serving public and private companies as advisor to both buyers and sellers across the key growth sectors of the economy. This level of activity during challenging times reconfirms the strength of our franchise. In looking ahead to 2009, we expect another strong year for our advisory practice.

Following the successful closure of this transaction and favourable working capital movements, Panmure Gordon ended 2008 with a cash balance in excess of £20million.

For further information:

Greg Wright
CEO ThinkEquity
Tel: +1 201 747 6223

Doug Gonsalves
Co-Head, M&A, ThinkEquity
Tel: +1 415 249 6922

Nathaniel Webb
Group Communications Manager
Tel:+44 (0) 20 7614 8333
About the Panmure Gordon Group

Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 260 professionals across the US, the UK and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. and