2009-05-12 17:20:07 -

RiskMetrics Group, a leading provider of risk management and corporate governance services to the global financial community, will hold a special governance forum webcast on Thursday, May 14 at 1:15 p.m. EDT on the proxy contest between Target Corporation and Pershing Square Capital Management. Representatives and board nominees from both Target Corporation and Pershing Square Capital Management will each make the case for their respective director slates.

Target believes its slate of four incumbent nominees is more likely to create long-term shareholder value. However, Pershing Square claims Target’s board lacks retail, real estate and credit card expertise, and a shareholder voice. Consequently, Pershing Square is sponsoring a slate of five director nominees, four of whom are independent. Target’s annual meeting is

May 28.

For Target, the following executives will present: Gregg Steinhafel, Chairman and CEO; Douglas A. Scovanner, Chief Financial Officer; and Stephen Sangar, Director. Pershing Square will be represented by the firm’s founder, William Ackman, and Pershing Square’s board nominees, Michael Ashner, Ronald Gilson, and Richard Vague. Chris Young, RiskMetrics’ Head of M&A Research, will moderate the forum.

To provide both sides with ample opportunity to speak and field questions from the audience, this webcast will run for 90 minutes, from 1:15 p.m. through 2:45 p.m. EDT. To register for this webcast, please visit: www.riskmetrics.com/webcasts/2009_TargetProxy : .



About RiskMetrics Group

RiskMetrics Group (NYSE:RMG) is a leading provider of risk management and corporate governance products and services to financial market participants. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks inherent in their financial portfolios. Our solutions address a broad spectrum of risk across our clients’ financial assets. Headquartered in New York with 20 global offices, RiskMetrics Group serves some of the most prestigious institutions and corporations worldwide. For more information, please visit: www.riskmetrics.com : .



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