Deputy Treasurer Raja Krishnamoorthi with State Treasurer Alexi Giannoulias and Chief of Staff Robin Kelly.

September 12, 2007

Illinois State Treasurer Alexi Giannoulias has named Raja Krishnamoorthi as his new Deputy
Treasurer for Policy and Programs, making him the highest-ranking South Asian American to serve
the state.

Krishnamoorthi, 34, was most recently a partner concentrating in commercial litigation at Kirkland
& Ellis LLP, the 1,000-attorney global law firm based in Chicago.

“Raja is a true leader who will bring a wealth of experience and fresh, innovative ideas to state
government,” Giannoulias said. “Illinois residents are very fortunate to have Raja working for
them.”

Krishnamoorthi will oversee the office’s pension investment policy, Bright Start College Savings
Program, Unclaimed Property Division, Venture Capital Fund, Linked Deposit loan programs for
agricultural and business development, and the Treasurer’s homeownership program.

“I am honored that Treasurer Giannoulias has appointed me to the Deputy Treasurer position in his
administration,” Krishnamoorthi said. “I look forward to helping him advance his agenda of serving
the people of Illinois and making the Illinois Treasurer’s Office the best in the nation.”

The hire makes Krishnamoorthi the first person of South Asian descent to achieve the deputy level
in Illinois government. “The South Asian community is very proud of Raja’s appointment,” said Jay
Luthra, executive director of the Indo-American Center. “As the highest ranking South Asian in
Illinois, we hope that Raja will serve as a role model for other South Asians to become more
civically active. We also would like to commend Treasurer Giannoulias for appointing a highly
qualified person from our community.”Since 2002, Krishnamoorthi has worked at Kirkland & Ellis, becoming a partner in 2006.

Krishnamoorthi represented public and private entities in a variety of matters, ranging from contract
and securities work to white collar criminal matters.

While Krishnamoorthi was at Kirkland & Ellis, the Illinois Attorney General’s office appointed him as
a Special Assistant Attorney General in its public integrity unit where he questioned witnesses in
the grand jury, coordinated criminal investigations, and prepared indictment materials. In addition,
Krishnamoorthi represented pro-bono clients, recently winning political asylum in the U.S. for a
Congolese man persecuted abroad for his political and religious beliefs.

"Raja has been among our best and brightest lawyers, and while it is sad to see someone with his
talent leave Kirkland & Ellis, we are pleased that he will be serving the people of Illinois,” said
Kevin Evanich, a senior partner and member of Kirkland’s Firm Committee, which oversees the law
firm. “Our loss will be the State's gain." Added Jack Levin, one of Kirkland’s most senior partners:
“Raja is one of Kirkland & Ellis’s best and brightest young stars and as Deputy Treasurer, he will
be a tremendous asset to the State of Illinois.”

Krishnamoorthi is a past member of the Board of Directors of the Illinois Housing Development
Authority and was chairman of its Audit Committee. He was also a member of the Village of
Hoffman Estates’s Comprehensive Planning Advisory Committee and serves as a board member
of the Mikva Challenge Foundation and the Just the Beginning Foundation.

The policy director for U.S. Sen. Barack Obama’s 2004 primary campaign and a senior advisor for
the general campaign, Krishnamoorthi helped lead the team that worked on the Senator’s policy
and research initiatives. Krishnamoorthi served on Obama’s campaign on an unpaid, voluntary
basis.

Krishnamoorthi graduated summa cum laude from Princeton University, where he majored in
mechanical engineering and obtained a certificate in public policy from the Woodrow Wilson
School of Public and International Affairs. He earned his law degree from Harvard Law School,
graduating cum laude and served as managing editor of the Harvard Civil Rights-Civil Liberties
Law Review. Immediately following his graduation from law school in 2000, Krishnamoorthi
worked as a law clerk for U.S. District Court Judge Joan B. Gottschall in Chicago.
Krishnamoorthi grew up in Peoria and graduated from Richwoods High School. He lives with his
wife and son in Hoffman Estates.