The Phoenix Holdings Ltd.

Share Issue/Capital Change • Aug 28, 2008

Liberty Acquisition Holdings (International) Company Announces Earnings for the Period Ended July 1, 2008

Cayman Islands, August 28th, 2008

Liberty Acquisition Holdings (International) Company (the Company) announces that it has earned approximately €9.5 million in interest and dividends through July 1, 2008 on the funds deposited into the trust account created to hold the proceeds of its initial public offering. The Company has transferred approximately €3.25 million of that amount to its operating account. The amount in the trust account on July 1, 2008 was approximately €595.4 million, which amount is currently invested in two money market funds: fifty percent in the Goldman Sachs Euro Liquid Reserve Fund Institutional Class and fifty percent in the JP Morgan Euro Liquid Institutional Mutual Fund. The trust account balance is approximately €9.92 per ordinary share owned by the Company's public shareholders (60 million shares), which shares are eligible to receive the proceeds of the trust account if a business combination is not consummated within two years of the initial public offering.

The Company completed its initial public offering of 60 million units at €10.00 per unit (each unit consisting of one ordinary share and one warrant to purchase one ordinary share at a price of €7.00 per ordinary share) on February 13, 2008. Following the offering, €589.2 million was deposited into the trust account, which represents net proceeds of €572.3 million from the public offering, net proceeds of €8.0 million from a concurrent private offering of 8 million warrants for €1.00 per warrant and approximately €9.0 million of deferred underwriting fees. The remaining offering proceeds (€100,000) were retained by the Company for business, legal and accounting due diligence on prospective transactions and continuing general and administrative expenses.

Expenses related to the initial public offering totaled approximately €27.7 million (including approximately €9.0 million of deferred underwriting fees). Unless and until a business combination is consummated, the proceeds held in the trust account will not be available to the Company, provided that interest income earned on the trust account may be used to pay income taxes. In addition, up to €6.0 million from the interest income earned on the trust account may be used by the Company to fund its working capital and to pay for business, legal, and accounting due diligence on prospective acquisitions and continuing general and administrative expenses. This limitation on the Company's working capital will preclude it from declaring and paying dividends. In the event that the Company is unable to complete a business combination within two years of the initial public offering, the balance in the trust account will be distributed to the Company's public shareholders.

About the Company

Liberty Acquisition Holdings (International) Company is a blank check company incorporated on January 2, 2008 under the laws of the Cayman Islands as an exempted company with limited liability to acquire one or more operating businesses with principal business operations outside

North America through a merger, capital stock exchange, share purchase, asset acquisition, reorganization or similar transaction. Its efforts in identifying a prospective target business will not be limited to a particular industry.