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DTCC General Counsel Larry E. Thompson to be Honored by New York County Lawyers' Association

New York, December 12, 2005 - The New York County Lawyers' Association (NYCLA) announced it will honor Larry E. Thompson, general counsel of The Depository Trust & Clearing Corporation (DTCC), at the organization's 91st Annual Dinner on Dec. 13, 2005. Thompson is being honored with other prominent New York lawyers as a part of the organization's dinner theme of "Celebrating Jurists and Lawyers of Color."

This year, the NYCLA's annual dinner is honoring 52 judges, managing partners of New York law firms, and general counsels of corporations who are minorities, for their contributions to the legal profession and career achievements.

"For almost a century, the NYCLA has worked to advance our profession, providing opportunities to lawyers regardless of gender, ethnicity or race," Thompson said. "They have been at the forefront of civil rights issues, including advocating for a more diverse bar. I am humbled to be among those recognized this year by NYCLA."

An association of over 8,000 lawyers, the NYCLA was created in 1908 as a bar association which did not discriminate on the basis of race, gender, religion, or race. During its history, the NYCLA has advocated for such issues as merit selection for judges, enhanced defense for indigent defendants, and changes in the federal tax code to end discriminatory practices against women and married couples. Last year, over 1,000 lawyers and judges attended the annual dinner.

The DTCC Board of Directors elected Thompson to his present position in July. He began his career with the company in 1981 as associate counsel for The Depository Trust Company (DTC), which is now a subsidiary of DTCC, and immediately prior to assuming his present position, was first deputy general counsel for DTCC and general counsel for DTC. Prior to joining DTC, he was a partner in the law firm of Lake, Bogan, Lenier, Jones & Thompson and an associate at Davis Polk & Wardwell.

In October 2004, Thompson was selected by the Partnership for New York City as one of 18 New York City-based executives to participate in the 2004-2005 David Rockefeller Fellows Program. Established in 1989, the program is designed to enable private-sector leaders to deepen their understanding of the public needs of New York City, and take an active role in shaping the city's future.

Thompson earned his law degree from the University of California at Berkeley. He earned his B.A. from Yale University with cum laude honors and as a Scholar of the House. He is a former director of the Legal Aid Society of New York and a former director of the Studio Museum of Harlem.


About DTCC
Through its subsidiaries, DTCC provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities and over-the-counter derivatives. DTCC's depository also provides custody and asset servicing for almost 2.5 million securities issues from the United States and 100 other countries and territories. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC has operating facilities in multiple locations in the United States and overseas. For more information on DTCC, visit www.dtcc.com.

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