Members of the Class will be represented by the lead plaintiff and counselchosen by the lead plaintiff. If you wish to choose counsel to representyou and the Class, you must apply to be appointed lead plaintiff no laterthan August 11, 2008 and be selected by the Court. The lead plaintiff willdirect the litigation and participate in all important decisions includingwhether to accept a settlement and how much of a settlement to accept forthe Class in the action. The lead plaintiff will be selected from amongapplicants claiming the largest loss from investment in the Company duringthe Class Period. If you have a net loss in excess of $100,000 incurredfrom transactions in IndyMac securities during the Class Period and areinterested in directing the course of this litigation for plaintiffs,please contact Brower Piven (hoffman@browerpiven.com or 410/332-0030) toanswer any questions you may have in that regard.

The complaint charges IndyMac and certain of its officers and directorswith violations under the Securities Exchange Act of 1934 by issuingmaterially false and misleading statements regarding the Company's businessand financial results.

If you have suffered a net loss for all transactions in IndyMac securitiesduring the Class Period (including shares or possibly calls purchasedduring, but retained after, the Class Period or possibly put options soldbut not covered until after the Class Period), you may obtain additionalinformation about this lawsuit and your ability to become a lead plaintiffby contacting Brower Piven at www.browerpiven.com, by email athoffman@browerpiven.com, by calling 410-332-0030, or at Brower Piven, AProfessional Corporation, The World Trade Center-Baltimore, 401 East PrattStreet, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower Pivenhave combined experience litigating securities and class action cases ofover 40 years. If you choose to retain counsel, you may retain Brower Pivenwithout financial obligation or cost to you, or you may retain othercounsel of your choice.