ADVISORY/ISDA's 19th Annual General Meeting.

News Editors/Assignment Desks

ADVISORY...for Tues.-Fri. (March 30-April 2)

--(BUSINESS WIRE)

The International Swaps and Derivatives Association is holding its 19th Annual General Meeting in Chicago, March 30 - April 2, 2004. ISDA's AGM is the preeminent event of the derivatives and risk management industry and will feature leading speakers from the industry and government. Accredited journalists are invited to attend AGM 2004 and its social events as press guests.

WHAT:   ISDA's 19TH ANNUAL GENERAL MEETING

        AGM 2004 will feature discussions on a number of key
        derivatives and risk management issues, including:

    --  Innovations in the credit risk transfer market

    --  Perspectives on the global expansion of derivatives use

    --  Global market perspectives on derivatives business industry
        issues

    --  Derivatives use in alternative investment strategies

    --  Reducing risk through technology

    Social events include receptions at the John G. Shedd Aquarium and
    The Field Museum.

WHO:    AGM 2004 will feature leading industry executives and public
        policy makers, including keynote addresses by:

    --  Jamie Dimon, Chairman and CEO, Bank One Corporation

    --  Carter McClelland, Chairman, Banc of America Securities

    --  Senator Phil Gramm, Vice Chairman, UBS Investment Bank

WHEN:   March 30th - April 2nd, 2004

WHERE:  THE FAIRMONT HOTEL, CHICAGO
        200 NORTH COLUMBUS DRIVE
        CHICAGO, IL 60601

ISDA is the global trade association representing leading participants in the privately negotiated derivatives industry. ISDA was chartered in 1985, and today has more than 600 member institutions from 46 countries on six continents. These members include most of the world's major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA, including the Annual General Meeting agenda, is available on the Association's web site: www.isda.org.

ISDA's Annual General Meeting is an invitation-only event that is open only to Association members. Accredited journalists are invited to attend AGM 2004 and its social events as press guests. There is no registration fee for journalists.

Members of the media planning on attending this invitation-only event, please RSVP to: Jennifer Iannibelli, Kennedy & Company, 914-961-2436 or [e-mail].