FTI Consulting Enters Growing UK Interim Leadership Industry

FTI Consulting, Inc.
(NYSE: FCN), a premier provider of problem-solving consulting and technology
services to major corporations, financial institutions and law firms, today
announced that FTI Palladium Partners ("FTI PP"), its interim leadership arm,
has decided to build on the growth in demand in Europe for its services by
expanding its network to London. The UK practice is to be headed by Mark
Palios, former chief executive of The Football Association in the UK, who has
over 20 years experience in the turnaround industry.
Jack Dunn, FTI's president and chief executive officer, said, "We created
FTI Palladium Partners for companies experiencing declining profitability
where we can provide expert senior leadership to dramatically improve
operating performance and enterprise value.
"With our strong position firmly in place in the U.S., we felt it was time
to expand Palladium into the UK, and eventually all of Europe. So we are
delighted to have found Mark. We believe we offer clients a compelling
proposition by combining our experience and network of contacts. Mark has the
experience and the market presence to lead the growth of FTI Palladium
Partners into the UK."
FTI PP was established two years ago to provide a sole focus on interim
leadership. This was largely in response to a shift in the growing
international marketplace for turnaround skills which was once driven solely
by demand from the large banks in their traditional position as lenders. Now,
increasingly in the U.S. and Europe, the demand is being driven by
international players in private equity and distressed fund groups requiring
assistance with various investments in portfolios.
Dominic DiNapoli, FTI's chief operating officer, added, "In such
situations, on both sides of the Atlantic, it's easy to forget that market
capitalization loss far outweighs debt loss and that the loss is felt earlier
by distressed funds and private equity groups thereby necessitating our
involvement earlier in a decline of a business; that is, at the point of
underperformance rather than crisis."
Mr. Palios has a mandate to build the practice in the UK by developing a
cadre of top professionals to provide leadership for companies. This team
will be responsible for analysing, devising and, most importantly,
implementing credible restructuring plans to deliver long-term viability.
Prior to his position as chief executive at The FA, Mr. Palios was UK
leader for Business Regeneration at PricewaterhouseCoopers (PwC) where he
developed that firm's approach to corporate turnaround and pioneered the
development of executive leadership. While at PwC, Mark worked with Mr.
DiNapoli and the other PwC Business Restructuring Services partners that
joined FTI in the U.S. in August 2002.
Mr. Palios said, "One of the attractions to me about joining FTI Palladium
Partners was that the firm has a great track record in terms of not only its
advisory services in the turnaround arena generally, but also because it
recognises that the greatest value is provided by placing experienced CEOs or
COOs into the line to implement recommendations. Being a leader and not just
an adviser is the place to be if you want to quickly rebuild value.
"On comparing the FTI Palladium Partners offering with that being offered
by the majority of service providers in the European turnaround market you
will see that FTIPP brings strategic and operational skill sets on top of the
more usual offering of financial and balance sheet restructuring.
"The UK and European markets are evolving, and the influence of U.S.
funders has never been greater. I believe we have entered at the right time.
We will look to add resources and build a cadre of quality professionals who
not only have turnaround experience as advisors, but also have the practical
operational experience as leaders of businesses experiencing difficulty."
FTI PP professionals have been involved with the turnaround of a number of
companies, including WorldCom, Sunterra Corporation, Muzak and Bush
Industries.

About FTI Palladium Partners
FTI Palladium Partners is the interim management practice of FTI Corporate
Finance/Restructuring. This group of exceptional professionals is dedicated to
fulfilling CEO, CFO, COO or CRO positions to help companies secure their
future viability by driving long-term positive change.
http://www.ftipalladiumpartners.com

About FTI Consulting
FTI is a premier provider of problem-solving consulting and technology
services to major corporations, financial institutions and law firms when
confronting critical issues that shape their future and the future of their
clients, such as financial and operational improvement, major litigation,
mergers and acquisitions and regulatory issues. Strategically located in 24 of
the major US cities, London and Melbourne, FTI's total workforce of more than
1,100 employees includes numerous PhDs, MBAs, CPAs, CIRAs and CFEs, who are
committed to delivering the highest level of service to clients. Additional
information is available at: http://www.fticonsulting.com.

This press release includes "forward-looking" statements that involve
uncertainties and risks. There can be no assurance that actual results will
not differ from the company's expectations. The company has experienced
fluctuating revenues, operating income and cash flow in some prior periods and
expects this may occur from time to time in the future. As a result of these
possible fluctuations, the company's actual results may differ from our
projections. Further, preliminary results are subject to normal year-end
adjustments. Other factors that could cause such differences include pace and
timing of additional acquisitions, the company's ability to realize cost
savings and efficiencies, competitive and general economic conditions,
retention of staff and clients and other risks described in the company's
filings with the Securities and Exchange Commission. We are under no duty to
update any of the forward-looking statements to conform such statements to
actual results or events and do not intend to do so.

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