ADVISORY/``Bulls, Bears, and the Bush Economy: Outlook for 2004''; Navarro Headlines Orange County Segment of Wescom Credit Union's Speaker Series.

Business Editors/Calendar Editors/City Desks

ADVISORY...for Thursday (Sept. 4)

--(BUSINESS WIRE)

PUBLIC INVITED

--  BACKGROUND:
        With uncertainty hanging over the American economy, stock
        market, and jobs picture, Wescom Credit Union has asked
        business professor and well-known commentator Peter Navarro to
        look into his economic crystal ball to determine how all the
        disparate forces will affect consumers, workers, businesses,
        and investors in 2004. He appears as the headliner for the
        Orange County segment of Wescom Credit Union's 2003 Annual
        Speaker Series. Given Dr. Navarro's reputation for candor and
        liveliness, a good and enlightening time should be had by all.

-- TOPICS:
        - The Gray Davis recall and stagnant economy
        - The Bush tax cuts and budget deficits
        - The Greenspan interest rate cuts
        - Threats of deflation; War, terrorism, the hollowing
          out of the United States' manufacturing base by China
        - The exporting of technology jobs to India

-- WHAT:
        Wescom Credit Union's 2003 Annual Speaker Series is open
        to the public and there is no cost to attend. A copy of Dr.
        Navarro's latest book: "When the Market Moves, Will You Be
        Ready?" is provided to the first 200 people to register and
        attend this event.

-- RSVP:
        www.wescom.org or 1-888-4WESCOM

-- DATE:
        Thursday, September 4, 2003

-- TIMES:
        Reception, 6:15 p.m. - 7 p.m.
        Dr. Navarro's Presentation, 7 p.m. - 8 p.m.
        Q&A and book signing to follow

-- PLACE:
        Irvine Marriott Hotel
        18000 Von Karman Ave.
        Irvine, CA 92612

-- FEATURED SPEAKER:
        Dr. Peter Navarro is a noted lecturer and author on the topics
        of macroeconomics and its impact on the financial markets. He
        is a business professor at the University of
        California-Irvine, a regular commentator on KNX 1070 AM, and
        author of the best-selling book: "If It's Raining in Brazil,
        Buy Starbucks." He earned a doctorate in economics from
        Harvard University.

        WESCOM CREDIT UNION is a not-for-profit, financial services
        cooperative serving more than 200,000 members at 25 branches
        throughout Southern California. With assets totaling more than
        $2.4 billion, it is one of the largest credit unions in the
        country. Members have access to over 17,000 fee-free ATMs
        nationwide and a wide range of financial services. Membership
        is open to people living and working in Los Angeles, Orange,
        Riverside, San Bernardino and Ventura counties. Wescom was
        established in 1934 as a credit union for telecommunications
        employees.