Invitees to August 18, 2009 Meeting held at the New York Stock Exchange:

The August 18, 2009 Event and Press Conference will:

·         Release for top management the Capital Markets Briefing Paper:  Business Case for 
          Commercializing Sustainable Investment
·         Announce new green building and sustainable investment products

The Briefing Paper documents four years of Wall Street due diligence concluding that green buildings and sustainable investment are more profitable, less risky and preferred without exception by investors in a Survey initiated with S&P covering over $3.3 trillion in assets.

Special guest speaker Honorable Carolyn Maloney, Chair, Congressional Joint Economic Committee will discuss how CMP’s Underwriting Standards can be used for green building refinancing to address the $800B refinancing crisis.    Allison Chin, Sierra Club Board President, will discuss how climate change investments can stimulate a sustainable investment market shift.
 
The Event will be from 12:00- 5:00 followed by a reception on the NYSE trading floor.

CMP epitomizes the power of what can be achieved through the collaboration of organizations and individuals accomplishing a common goal.  Since its launch in 2005, CMP has

·         Created a framework for Sustainable Investment Due Diligence
·         Developed the Green Building Industry Value Rating System 2.0
·         Worked with Citi on a recommendation to Standards & Poors (S&P) for Green Building Securities
·         Conducted an Investor Survey jointly with S&P of sustainable investment products
·         Published an Economic Stimulus and Climate Change Report
·         Garnered support from the US Conference of Mayors
·         Approved national consensus Green Building Underwriting Standards being used by large
          financial institutions and property managers to reduce risk and add value, including the 
          Federal Home Loan Bank through support by the Home Depot Foundation
·         Compiled all of this due diligence in the peer reviewed Capital Markets Briefing Paper
 
Join the August 18 meeting to hear more speakers from JPMorgan, and Fortune 500 manufacturers about the Underwriting Standards, Sustainable Manufacturing Underwriting / Green Convertible and Building Securities.  You will receive more details shortly.  We very much look forward to seeing you.

Very truly yours,

Mike Italiano, CEO
Capital Markets Partnership

The ballot vote for the Green Building Underwriting Standards closed on August 30, 2008.  Committee members overwhelmingly cast affirmative votes in support of the Green Building Underwriting Standards which were approved by unanimous vote.  

Many thanks to all Committee members for their leadership, insight, and support with this important industry activity; these Standards were approved in four months which demonstrates the strong market need.

In conjunction with this voting process, it was agreed that the following activities will be initiated:

• A Subcommittee will be set up to develop guidance on the use of the Green House Gas Protocol (GHGP) to track climate pollution reductions using the Underwriting Standard, and facilitate building owners monetizing these reductions through carbon or other credits including White Tags, with appropriate market trading institutions. 

• A Subcommittee will be set up on Equivalency Applications pursuant to Section 5.0 of the Standard, along with any normalization activities that the Subcommittee / Full Standards Committee decide to initiate for the purpose of incorporating other approved industry standards into the Green Building Underwriting Standards. 
  

Further, we are working with two leading financial institutions on their adoption of the Underwriting Standards, and on using the Standards for new financial product creation including Sustainable Building Securities (SBS) that will be discussed at an October 8, 2008 meeting at TIAA-CREF in NYC.  Please let us know of your interest in adopting them for your investment and/or other activities.

Finally, as we move into the adoption phase and as part of the normal consensus standards practice, we are working on launching a national education program for the Underwriting Standards. 

We request interested Committee Members in this Education Program to participate in a Wednesday September 17, 2008 @ 4:00pm EDT Education conference call regarding curriculum, partners, and trainers. 

Many thanks for to all involved for their leadership and participation in this industry activity – we look forward to the September 17th call, Subcommittee activities, education/training, and other ongoing activities as we proceed into the adoption phase.