BLX Group LLC opens Pacific Northwest Office

Portland, Oregon - June 14, 2006 - BLX Group LLC, an SEC-registered investment advisory firm that provides financial, investment and regulatory compliance services to state and local governments and non-profits, announced today that it has expanded its presence in the Pacific Northwest with the opening of an office in Portland . BLX now has six offices across the country.

"As our Pacific Northwest clients needs have grown tremendously over the past year, we realized the benefit of having a full time presence in this market" said Craig Underwood, President of BLX. " Today's improving economy, volatile markets and the ever-growing capital needs of our clients all serve to increase demand for BLX's services in the near future."

The Pacific Northwest ranks 10th among the worlds leading industrial economies and currently has an annual gross regional product of nearly $700 billion.

Founded in 1989, BLX has provided pre- and post issuance financial consulting and compliance services in connection with over 31,000 transactions for over 12,000 bond issues in every U.S. State and Territory. The company has more than 40 finance professionals rigorously trained in the fundamentals of tax-exempt debt financing and the investment of public funds. BLX also has offices in Los Angeles, Dallas, New York, San Francisco, and Tampa.

The BLX Portland office can be reached by calling 503 943 4822, fax 503 943 4801. For further inquiries please contact Robert Kronman, Director of Marketing at 213 612 2465 or toll free at 866 342 5259.

BLX is registered investment advisory firm, which provides comprehensive financial and quantitative services to public sector clients. With offices in Los Angeles, San Francisco, New York, Dallas and Tampa, BLX provides investment advisory, arbitrage rebate and yield restriction, continuing disclosure, tobacco securitization program administration, and various other services relating to tax-exempt bond transactions to more than 1,200 governmental clients across the country.