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NewStar Financial Completes Financing For Corporate Freight Management

NewStar works with Landmark Partners to meet client needs

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Boston, MA, June 30, 2005 - NewStar Financial, Inc. ("NewStar"), a Boston-based commercial finance company, announces that it has provided financing to Corporate Freight Management, Inc. ("CfM"). CfM is a leading non-asset based third-party logistics provider focused on promotionally-intense consumer packaged products. The Company is partially owned by Landmark Growth Capital Partners, a leading New England-based private equity fund that focuses on investments in established small and mid-size growth companies. NewStar acted as sole lender on the deal structured as a term loan.

"NewStar quickly understood our unique business and was able to deliver on what was originally proposed" said Donald Helgesen, Chief Executive Officer of CfM. "We were impressed by NewStar's timely execution of our financing and look forward to continuing our relationship."

"We worked closely with Don and our partners at Landmark Partners to achieve a mutually beneficial transaction for NewStar and our client" said Tim Conway, Chief Executive Officer for NewStar.

NewStar's deal team for the transaction included Tim Shoyer, Pem Covington, Scott Trefry and Jeff Augustyn.

Founded in 1996 and headquartered in Westlake Village, California, CfM was established to address the emerging market for direct-to-retail street-dated transportation management services for promotionally-intense consumer packaged goods such as DVDs, video games, and software.

About NewStar Financial, Inc.:

NewStar Financial, Inc. was formed in June 2004 by a group of senior banking and capital markets executives from leading financial institutions, including FleetBoston Financial, Citigroup and JP Morgan Chase, and leading institutional investors including Capital Z Partners, JP Morgan Corsair Capital Partners and Och-Ziff Capital Management Group. NewStar is focused exclusively on providing customized financing solutions to mid-sized borrowers in three lending groups: Middle Market Corporate, Commercial Real Estate, and Structured Products. For more information, please contact the appropriate individual below.

Corporate Inquiries:
NewStar Financial
Scott Poirier
(617) 848-2525

Press-Related Inquiries:
Gaffney Bennett Public Relations
Chris Riley
(860) 690-0856

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