July 17, 2008

Grant Thornton Tops Public Accounting Report’s 2008 Q2 Audit Rankings

Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd., one of the six global, accounting, tax and business advisory organizations, took first place in the Public Accounting Report's second quarter audit rankings. The ranking marks the first time one of the four largest accounting firms has not won PAR's quarterly audit ranking.

To achieve this ranking, Grant Thornton placed second in net gains in SEC clients, net gain revenue audited, net gain assets audited, and third in net gain audit fees for the second quarter. The period ended with a net gain of five clients for Grant Thornton, an approximate $5.3 billion in client revenue and a net gain of $5.1 billion in client's assets audited.

About Grant Thornton LLP

Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global accounting, tax and business advisory organizations. Through member firms in more than 80 countries, including 50 offices in the United States, the partners and employees of Grant Thornton member firms provide personalized attention and the highest quality service to public and private clients around the globe. Visit Grant Thornton LLP at www.GrantThornton.com.