ART HEADQUARTERS NOW UNDER CONSTRUCTION
ARAGON CONSTRUCTION MANAGING BUILD OUT OF 48,000 SQ. FT;
LABRANCHE REDEFINING IMAGE WITH FRESH, CONTEMPORARY LOOK

NEW YORK, NEW YORK August, 2006
In a prominent assignment, Aragon Construction was selected to manage the construction of
LaBranche & Co.'s new location at Broad Financial Center in lower Manhattan.

LaBranche and Co., a specialist firm on the New York Stock Exchange, will shift its operations
from 120 Broadway and 55 Broadway to three floors of 33 Whitehall Street. 450-500 employees
will work there initially but the company plans to take additional floors in the next 6-12 months.
LaBranche's decision to sign a 10-year lease at Broad Financial Center (instead of moving farther
away from the exchange floor) was lauded recently by ESD Chairman Charles Gargano as
especially notable in that it will keep over 500 jobs in lower Manhattan.

Aragon Construction, working together with owner's representative Michael Tennyson of Global
Facilities Management, and Principal Michel-Claude Fiechter of TPG Architecture, will transform
the entire 7th, 8th and 9th floors-a total of 48,000 square-feet-into sophisticated trading floors
with extensive voice and data, new mechanical and electric infrastructure, & raised flooring.

LaBranche is putting together a great new corporate space for themselves, said Tennyson.
A dramatic glass enclosed staircase with wooden steel risers will connect the 8th and 9th
floors. According to Tennyson, LaBranche is putting upwards of $10 million into the space.

The new trading facilities will be finished in early November; construction started in July.
We are pleased to be a part of such an important New York City project, and are thrilled
to again be working with TPG, an acknowledged leader in the field of interior architecture
and design with an unrivaled reputation in the financial services space, said Aragon
President Alex Getelman.

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