HOTCHKIS & WILEY buys Alcoa Inc., IDEARC INC, CON-WAY INC, Sunoco Inc., Unisys Corp., First Data Corp., WINN-DIXIE STORES, INC., EDDIE BAUER HLDGS, California Coastal Communities, Russ Berrie & Co. Inc., sells Alcan Inc., Public Service Enterprise Grou, Plum Creek Timber Co. Inc., Merck & Co. Inc., MasterCard Incorporated Class A Common Stock, Lincoln National Corp., Accredited Home Lenders Holdin, International Paper Co., Firstenergy Corp., Alpha Natural Resources Inc., Principal Financial Group Inc. during the 3-months ended 12/31/2006, according to the most recent filings of his investment company, HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC. HOTCHKIS & WILEY owns 131 stocks with a total value of $31.4 billion. These are the details of the buys and sells.

HOTCHKIS & WILEY team focuses on finding and owning undervalued companies that have a significant potential for appreciation. This is the update of their buys and sells of during the 4th quarter of 2006. HOTCHKIS & WILEY owns 131 stocks with a total value of $31.4 billion. They bought 10 new stocks including IAR, RUS, SUN, UIS, WINN, etc.

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