For information contact
Eleanor Kerlow
Senior Public Relations Manager
Hunton & Williams LLP
+1 (202) 955-1883
ekerlow@hunton.com

New York — December 22, 2008 — Hunton & Williams LLP has been voted Best Law Firm for U.S. emissions markets by the readers of Environmental Finance and Carbon Finance.

"It is gratifying to be recognized at the international level by our clients and peers as having the number one emissions trading practice in the U.S.," said Managing Partner Wally Martinez.  "It's our understanding of emerging market-based regulatory mechanisms, including climate change laws, that enables us to help our clients assess business risks and leverage opportunities."

Currently, the U.S. has emissions markets for pollutants such as sulphur dioxide and nitrogen oxide, but does not yet have a regulatory framework for carbon.

"This recognition of Hunton & Williams" leadership position in the U.S. emissions market is particularly significant given that any domestic carbon regulations are very likely to include a trading program," noted Bill Brownell, head of the firm’s Regulatory and Environmental Law Practice.  "In light of our work involving existing U.S. emissions markets, we will be uniquely positioned should a carbon-trading scheme be established in the U.S. These are also global issues, and we are equally active internationally, providing our clients an additional advantage."

Hunton & Williams' Regulatory and Environmental Law Practice assists clients with the development of corporate environmental policies and strategies; emissions-reduction projects and trading; and litigation of environmental matters in the United States and abroad. The practice is in the #1 band in Chambers USA in Carbon Projects, Finance and Trading; Regulatory Compliance; Litigation; and Policy Monitoring and Lobbying.

Environmental Finance is a global monthly magazine covering the effects of environmental issues on the lending, insurance, investment, and trading industries. It also publishes the monthly newsletter Carbon Finance. For their annual ranking, Environmental Finance and Carbon Finance received 1600 votes from their combined readership, and the results appear in the December-January editions of both publications.

About Hunton & Williams LLP
Hunton & Williams LLP provides legal services to corporations, financial institutions, governments and individuals, as well as to a broad array of other entities. Founded in 1901, Hunton & Williams has grown to more than 1,000 attorneys serving clients in 100 countries from 19 offices around the world. Our practice has a strong industry focus on energy, financial services and life sciences, and our experience extends to more than 100 separate practice areas, including bankruptcy and creditors rights, commercial litigation, corporate transactions and securities law, intellectual property, international and government relations, regulatory law, products liability, and privacy and information management.