Press Release
March 24, 2006

Clayton Holdings Inc. Initial Public Offering

BOSTON, March 24, 2006 — Clayton Holdings Inc. today announced its public offering of 7.5 million shares of common stock, priced at $17 per share.  All of the shares being sold in the offering were offered by the company. Clayton serves leading capital markets firms, lending institutions, fixed income investors and loan servicers with a full suite of information-based analytics, specialty consulting and outsourced services. Clayton's services include due diligence analytics, conduit support services, professional staffing, compliance products and services, credit risk management and surveillance, and specialized loan servicing services.

Goodwin Procter LLP partners John LeClaire and Michael Turner represented Clayton Holdings in this matter.