ADVISORY/Pennsylvania Attorney General to Return $12.4 Million Raided by Former AHERF Officials to Drexel Endowments.

News Editors/Assignment Desks

ADVISORY...Tuesday (April 15)

--(BUSINESS WIRE)

What:       Pennsylvania Attorney General Mike Fisher will present a
            check to Drexel University President Constantine Papadakis
            for more than $12.4 million during a news conference
            Tuesday morning.

            Drexel is receiving a portion of the charitable endowments
            recovered by Fisher as part of the case against the former
            Allegheny Health Education and Research Foundation
            (AHERF). The recovered endowment funds will support
            research and education at the Drexel University College of
            Medicine.

Who:        Mike Fisher, Pennsylvania Attorney General
            Manuel Stamatakis, Board Chairman, Drexel University
             College of Medicine
            Constantine Papadakis, President, Drexel University
            Walter Cohen, Chancellor Emeritus, Drexel University
             College of Medicine

When:       Tuesday, April 15, 2003, 11 a.m.

Where:      Westphal Picture Gallery, third floor of Drexel's Main
            Building (32nd and Chestnut streets)

Visuals:    An oversized check made out for $12,419,584.27 ...
            Applause from the crowd of Drexel and Attorney General
            staffers when AG Fisher hands the check to Papadakis.