Lehman Brothers Holdings Inc. filed today in U.S. Bankruptcy Court for the Southern District of New York cash flow estimates for the period beginning January 1, 2012 through the Company's estimated end of activities. The Company's current total estimate for net cash from operations for the period subsequent to January 1, 2011 is $40.5 billion, reflecting a $6 billion increase in estimated net cash from operations as compared to the estimates in its earlier Disclosure Statement filed in August 2011.
The Modified Third Amended Joint Chapter 11 Plan, Disclosure Statement and related filings, including the cash flow estimates referred to above, can be found at www.lehman-docket.com in the "Key Documents" section. The Company has established an email address, which can also be found in the filing referenced above, to receive questions regarding financial disclosures. The Company plans to review questions and, where appropriate, post responses.
Contacts:
Lehman Brothers Holdings Inc.
Kimberly Macleod, 646-285-9215
kmacleod@lehmanholdings.com
or
Linden
Alschuler Kaplan Public Relations
Steven Alschuler, 212-575-4545
salschuler@lakpr.com
