Hong Kong, August 28, 2007 - J. ROBERT SCOTT OPENS HONG KONG OFFICE, EXPANDING ASIA PACIFIC PRESENCE

Seasoned Recruiter Dandan Zhang to Establish Greater China Operations

HONG KONG (AUGUST 28, 2007) – J. Robert Scott, a retainer-based executive search firm and wholly owned subsidiary of Devonshire Investors, announced today that it has established a new office in Hong Kong, further expanding its presence in the Asia-Pacific region.

“As our client base continues to become increasingly global, Asia is now a vital part of the global talent pool,” said Mr. William Holodnak, president of J. Robert Scott. “The Hong Kong practice will play a very important role in capturing the tremendous growth in the Asia-Pacific region and enable us to better service our existing and potential clients globally.”

Earlier this year, J. Robert Scott established its first Asia-Pacific office in Singapore in response to significant business growth opportunities across the region. The new Hong Kong practice, which will focus on senior executive and functional leader level appointments in the financial services and technology sectors, further strengthens J. Robert Scott’s international capabilities.
J. Robert Scott also announced that it has chosen Dandan Zhang, a seasoned recruiter with a decade of executive search experience, to serve as managing director and lead its initiative in this region. Throughout her career, Ms. Zhang has conducted and led search projects for leading US and European investment banks, Fortune 100 multi-national companies and major private equity and venture capital firms including Merrill Lynch, Fidelity Investments, and General Electric. Prior to joining J. Robert Scott, she worked for several leading search firms including Executive Access and AT Kearny. Ms. Zhang’s search expertise spans both the financial services and technology sectors, with a close to 100% success rate.

“As a leading search practitioner, Ms. Zhang has an astute understanding of international commerce across multiple regions and an in-depth appreciation of Chinese culture and business practices,” continued Mr. Holodnak. “In addition to identifying and retaining talent for operations based in Asia, she will also serve as an effective conduit for identifying Asian candidates for operations based in the US and across the Asia-Pacific region. With Ms. Zhang’s global experience and regional knowledge, J. Robert Scott can compete strategically and is well positioned to leverage the growth opportunities in the Asia-Pacific, which will no doubt become a very crucial region for our global success.”

“I am very pleased to launch J. Robert Scott’s business in one of the most dynamic and exciting parts of the world.” said Zhang. “With China’s phenomenal economic growth, its openness to foreign investment and large talent pool, there is tremendous opportunity for our firm in this region. This is truly an exciting time for J. Robert Scott, and I’m thrilled to be leading their executive search expansion in China.”

Born and raised in Shanghai, Ms. Zhang is fluent in both Chinese and English. She holds a Bachelor of Science in engineering from Shanghai Jiaotong University and a Master of Arts in public administration from Carleton University. She currently resides in Hong Kong with her husband and two children.

About J. Robert Scott
J. Robert Scott is a retainer-based executive search firm and a portfolio company of Devonshire Investors, which is wholly owned by Fidelity Investments. The firm specializes in recruiting senior level executives for a wide array of national companies in the technology, financial services, biomedical, biopharmaceutical and higher education/not for profit fields. J. Robert Scott is headquartered in Boston, Massachusetts with international offices in China and Singapore. Additional information about the firm can be found at www.j-robert-scott.com.