ISLEY BROTHERS TO KEEP CATALOG 
WITH PULLMAN BOND™ DEAL

COURT ORDER ALLOWS THE PULLMAN/ISLEY BROTHERS
PULLMAN BOND™ SECURITIZATION TO PROCEED

New York, NY, February 23, 2000 --- In a court hearing in the Central District of California today, an approved settlement agreement among the Isley Brothers, The Pullman Group, ® LLC and EMI was reached, allowing for the securitization of the Isley Brothers catalog by The Pullman Group, ® LLC.

"The parties have reached a settlement of all issues in dispute between them regarding the Isley Brothers.  The settlement, which was subject to court approval, and closing, will enable Pullman to proceed with a securitization of the Isley Brothers assets.  The parties support the settlement," stated David Pullman, Founder, Chairman and CEO of The Pullman Group, ® LLC.

A competing bid organized by singer Michael Bolton was rejected in favor of the more attractive Pullman Group deal.  The Isley Brothers recently won a multi-million dollar verdict against Michael Bolton in the Federal Court in the Central District of California for Michael Bolton's infringement of the Isley Brothers' song "Love is a Wonderful Thing."

"The Pullman Gorup developed these deals to empower artists and creators of intellectual property," a spokesperson said.

"David Pullman and The Pullman Group embody the hit song I wrote, Fight the Power!"  as previously stated all along by Ron Isley, lead singer and chairman of the Isley Brothers.

The Pullman Group's music royalty securitization with Ron Isley and the Isley Brothers' catalog joins the ranks of other prestigious transactions created by David Pullman in a series of Pullman Bonds™, including the Bowie Bonds™, Holland Dozier Holland (Motown Hitmachine) Bonds, Ashford & Simpson Bonds and James Brown Bonds.  This will be the latest eight figure asset-backed Pullman Bond™ securitization transaction.

There are over 300 songs in the Isley catalog and over 50 charting R&B classics including published hits like "Shout," "Twist & Shout," "It's Your Thing," "Fight the Power," "That Lady," "Who's That Lady?" "Word to Do," and recorded hits like "Rock Around the Clock," "Twist & Shout," "Love the One You're With," "Lay Lady Lay," "Spill the Wine," and "Summer Breeze."  The group is also highly respected for pioneering the ownership of record labels by black artists.

The Pullman Group®, LLC as principal, specializes in financing and securitizing music publishing, writer's share, record masters, artist and record royalties, film and television libraries, TV syndication, literary estates and other entertainment royalties.  David Pullman, Founder, Chairman and CEO of The Pullman Group, still remains the only financial professional who has ever completed such groundbreaking deals based on future entertainment royalties (Pullman Bonds™) and has 100% market share.  As creator of all Pullman Bonds™, his asset-backed deals included the famous $55 million Bowie Bonds™ transactions, the $30 million deal with Holland Dozier Holland (Motown Hit Machine), an eight figure deal with R&B greats Ashford & Simpson and the $30 million deal with "Godfather of Soul" James Brown.  The Pullman Group's experience includes well over $1 billion in transactions through 2000.  The Group's website is www.pullmanco.com .

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