LIA.U Liberty Acq Hdg Uts

Liberty Acquisition Holdings Corp. (the �Company�) (AMEX:LIA.U) announced today the pricing of its initial public offering of 90.0 million units at $10.00 per unit. Each unit consists of one share of common stock and one half (�) of one warrant to purchase an additional share of common stock. The Company expects to raise gross proceeds of approximately $900.0 million in this offering ($1.035 billion if the underwriters� over-allotment option is exercised in full). In addition, the Company�s sponsors, Berggruen Acquisition Holdings Ltd and Marlin Equities II, LLC, have agreed to purchase in equal amounts an aggregate of (i) 12.0 million warrants at a price of $1.00 per warrant ($12.0 million in the aggregate) in a private placement that will occur immediately prior to the consummation of this offering and (ii) 6.0 million units at a price of $10.00 per unit ($60.0 million in the aggregate) in a private placement that will occur immediately prior to the Company�s consummation of a business combination. Initially, the units will be the only security trading. The Company�s units are expected to begin trading on the American Stock Exchange (Amex) under the ticker symbol LIA.U on or about December 7, 2007. The common stock and warrants comprising the units will begin separate trading thirty-five days (or such earlier number of days as the underwriters may permit) after the consummation of this offering (or as soon as practicable thereafter), subject to the Company�s filing a Current Report on Form 8-K with the Securities and Exchange Commission containing an audited balance sheet reflecting its receipt of the gross proceeds of this offering and issuing a press release announcing when such separate trading will begin. The lead underwriter for this offering is Citi, with Lehman Brothers Inc. acting as co-manager. The Company intends to use the net proceeds from this offering to acquire one or more operating businesses through a merger, stock exchange, asset acquisition, reorganization or similar business combination as described in the prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, by contacting Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (tel: 718-765-6732; fax: 718-765-6734). Forward-Looking Statements This press release may contain certain forward-looking statements including statements with regard to the future performance of the Company. Words such as �believes,� �expects,� �projects,� and �future� or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties that are detailed in the Company�s Prospectus and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.