From: Ernst & Young LLP, a member firm of Ernst & Young Global Limited News Release, January 2012 

Contact: David Zaslavsky at david.zaslavsky@ey.com

In October, Mayor Emanuel joined Ernst & Young LLP to announce the firm will add 500 new jobs in Chicago by mid-2012, to support all sectors of the global professional firm’s business.

“These cutting-edge jobs that will be created by Ernst & Young are the exact type of jobs that will attract and retain the best and brightest to Chicago,” said Mayor Emanuel. “Ernst & Young’s investment in Chicago is a testament to the strength of our city’s economy, now and in the future, and the company’s advisory experience will further support and advance business around the city and the country.”

“We continue to invest in Chicago,” said Kelly Grier, Ernst & Young Chicago Managing Partner. “Looking at our 500 new jobs, we’ve already hired a significant number of people so far and we continue to attract the talented employees that Chicago has to offer.”

The positions are expected to be completely filled by June of 2012, adding to the approximately 2,000 Ernst & Young positions already in Chicago. The positions are spread across all service lines including Assurance, Advisory, Tax and Transactions. These hires will encompass campus hires at the staff level and experienced hires across all ranks. Ernst & Young is also hiring additional support personnel, such as administrative staff.

About Ernst & Young:

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.