New York, March 25, 2010 (ots/PRNewswire)

Elliott Associates, L.P.
(together with funds under common management), today issued the
following statement regarding Truvo Subsidiary Corp.

"Elliott welcomes the announcement by Truvo that it has obtained
consent under the Senior Facilities Agreement to commence debt
restructuring negotiations with holders of the Notes."

Elliott holds 32% of the Notes and also holds a significant
position in Truvo's Senior loans and is a significant holder of
credit default swap protection referencing Truvo Subsidiary Corp.
Elliott's positions in Truvo are subject to change without notice.

About Elliott

Elliott's two funds, Elliott Associates, L.P. and Elliott
International, L.P., together have more than US$16 billion of assets
under management. The funds' investors include institutions,
foundations, endowments, pensions, high net worth individuals, and
family offices. The 33-year-old trading firm is one of the oldest of
its kind under continuous management.

Contact:

CONTACT: Scott Tagliarino, +1-212-974-6000, +1-917-922-2364 (cell)