$401 Million to Be Paid to 130,681 Nazi-Era Slave Laborers; Largest One-Day Holocaust Payment Ever Made.

The Conference on Jewish Material Claims Against Germany (Claims Conference) will announce the largest-ever one-day distribution of compensation to Holocaust survivors at a press conference on Monday Aug. 2 at 10 am, at 130 East 59 St., 2d floor.

The Claims Conference will announce payment of $401 million to 130,681 former Holocaust survivors living in 62 countries. The payments are the second installment from the German Foundation established in 2000 to compensate former Nazi-era slave and forced laborers.

These second payments are in addition to $703 million already distributed since 2001 and an additional $217 million from the Swiss Banks Settlement for slave labor compensation. These payments will bring to $1.3 billion the total distributed by the Claims Conference to former Holocaust slave laborers.

Holocaust survivors will speak at the press conference and be available for interviews.

In addition, processing survivors' applications has led to uncovering new evidence about aspects of the Holocaust that otherwise would have disappeared from history with the last of the aging survivors.

What:       $401 million to 130,681 former Holocaust slave laborers
            Largest-ever one-day distribution of compensation

When:       Monday, Aug. 2 10 am

Where:      130 East 59 St., 2d floor (Park/Lexington)

Contact:    Hillary Kessler-Godin
            646-485-2021; 917-776-3695 cell