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Contact:      Stephanie Sandler
              310.649.5222


THE GIVING BACK FUND ELECTS KINGSDALE TO BOARD OF
DIRECTORS


LOS ANGELES, February 21, 2007 – David Kingsdale, partner and managing director
of Del Rey Management, LP, a Los Angeles-based hedge fund, has been elected to serve
on the Board of Directors of The Giving Back Fund, a national public charity specializing
in helping athletes and entertainers increase the impact of their charitable giving.

“We are extremely fortunate to have such a committed individual who understands the
business and entertainment world, is personally philanthropic, and knows how to grow a
company, “said Marc Pollick, founder and president of The Giving Back Fund.

David Kingsdale is an entrepreneur and licensed attorney who brings to the GBF Board
15+ years of experience in starting and building companies and raising investment
capital. After practicing law for several years, David started and built Stopwatch
Entertainment Network, an in-store media company that he later sold to Premier Retail
Networks, a division of Thomson SA (NYSE:TMS). David earned a B.A. in History from
UCLA and a JD from the Loyola Law School.

Upon election to The Giving Back Fund’s Board Kingsdale commented, “I look forward
to adding my passion for philanthropy and my experience in growing organizations to
those talents of my fellow board members and together taking The Giving Back Fund to
the next level.”

“David’s years of experience and demonstrated entrepreneurial success, provide ideal
knowledge and background for him to help guide us at this important period of our
growth,” stated Giving Back Fund CEO Stephanie Sandler.

The mission of The Giving Back Fund is to foster a society in which becoming a
successful philanthropist is as valued and desirable a goal as success in athletics,
business, entertainment, or any other field. Since its founding in 1997, The Giving Back
Fund has created a unique niche in encouraging and facilitating this new philosophy,
particularly among younger donors, women and people of color. Donors with whom The
Giving Back Fund has worked with include: Ben Roethlisberger, La’Roi Glover, Jalen
Rose, Elton Brand, Jamie Lynn Sigler, and Justin Timberlake, among many others.

The Giving Back Fund is a national non-profit organization with offices in Boston and
Los Angeles dedicated to increasing philanthropy in the world through bold and
innovative programs and initiatives. The Giving Back Fund offers professional
foundation management and strategic, philanthropic consulting and advisory services
aimed at leveraging celebrity and wealth on behalf of philanthropy. Acclaimed for its
expertise in celebrity philanthropy, The Giving Back Fund’s services are available to
anyone with a sincere and passionate interest in giving back. For more information
please visit www.givingback.org.

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