ADVISORY/Keynote Address to the First National Conference Sponsored by the Federal Reserve System: Banking Opportunities in Indian Country.

Business, News/Assignment Editors

ADVISORY...for Monday (Nov. 18)

--(BUSINESS WIRE)

WHO     Federal Reserve Governor Mark Olson will talk about what the
        Federal Reserve is doing to encourage banking in Indian
        Country, and what bankers and tribal members can learn from
        one another.

WHAT    Keynote address to the first national conference sponsored by
        the Federal Reserve System: Banking Opportunities in Indian
        Country

WHERE   DoubleTree Paradise Valley Resort, Scottsdale, Arizona
        480/947-5400

WHEN    Monday, November 18, 2002
        8:30 AM Phoenix Time (7:30 AM Pacific, 10:30 AM Eastern) -
        Governor Olson is expected to speak after welcoming remarks.
        His speech will follow with audience Q&A. No media
        availability.

WHY     Nearly half of all homes located on Indian reservations are
        overcrowded and have serious physical deficiencies. Almost a
        fifth lack complete plumbing. In addition, over 30,000
        individuals and families are on waiting lists for rental
        housing. It is estimated that over 200,000 housing units are
        needed immediately to provide adequate housing on Indian
        reservations. The remote locations of many reservations and
        their unique laws present a challenge to banks' products and
        services. This conference will focus on methods and resources
        for encouraging partnerships that increase access to credit
        and capital.

CONTACT Reporters attending must present ID from news organization.
        Please RSVP in advance.
        Carol Eckert, Media Relations Manager, 415/977-3853
        Lily Ruiz, Media Relations Specialist, 415/974-3240