Liberty Acquisition Holdings Corp. Prices 90.0 Million Units in Initial Public Offering

  
    
  
  
    
      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 (½) 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: [phone]).
    
    
      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.