Prospect Acquisition Corporation (AMEX: PAX)

Prospect Acquisition Corporation (AMEX: PAX) is a newly organized blank check company formed for the purpose of acquiring control of, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, one or more businesses or assets in the financial service industry. On November 20, 2007 Prospect completed an initial public offering of 25,000,000 units at an offering price of $10.00 per unit, generating gross proceeds of $250,000,000. For further information, visit the company website at: www.prospectac.com.