ADVISORY/UCLA's Anderson Forecast Presents `California in the Global Marketplace'.

Business Editors & Education Writers

ADVISORY...for Wednesday (Dec. 5)

--(BUSINESS WIRE)

WHAT:      The UCLA Anderson Forecast Conference will celebrate
           its 50th anniversary at an all-day event at The
           Anderson School at UCLA. Distinguished speakers from
           across the world will examine how the forces of
           globalization impact California and the nation,
           creating a vision of the state's future as it
           competes in the global economy.

           Titled "California in the Global Marketplace," the
           year-end conference will feature three parallel
           tracks on California's major trading partners, Asia,
           The Americas and Europe. The sessions will highlight
           business opportunities and economic challenges in
           these countries and how they affect California's
           economy. Toyota CEO Yoshi Inaba will provide the
           morning keynote, offering his perspective on the
           primary strengths and challenges present in the
           current California marketplace.

           Economists Edward Leamer, Tom Lieser and
           Christopher Thornberg will reveal their latest
           predictions for the state, nation and the world at
           2 p.m. The Forecasters will also present a special
           post-attack report, detailing the impacts of the
           September 11 tragedies on the economy.

WHO:  -- Gernot Nerbst, IFO Institute, Munich
      -- Carlos Hurtado, undersecretary of finance, Mexico
      -- Laura Cha, deputy chairman, Securities Regulatory Commission,
         China
      -- K.Y. Tank, chief economist, Hong Kong SAR Bank
      -- David Shulman, managing director and senior REIT analyst,
         Lehman Brothers
      -- Carmen Suro-Bredie, assistant trade representative, Office of
         the U.S. Trade Representative

      Economists:
      -- Edward Leamer, director, UCLA Anderson Forecast
      -- Tom Lieser, senior economist, UCLA Anderson Forecast
      -- Christopher Thornberg, senior economist, UCLA Anderson
         Forecast

WHEN:  Wednesday, December 5, 2001
       Conference, 8 a.m. to 5:00 p.m.
       Cocktails and dinner begin at 5:00 p.m.

WHERE:  Korn Convocation Hall, The Anderson School at UCLA
        110 Westwood Plaza, Los Angeles, California

OTHER:     Members of the public should contact the UCLA
           Anderson Business Forecast office at 310.825.1623.
           The conference is open to the public at a cost of
           $350.00 per quarter, which includes admission to
           conference, copies of all materials and access to
           electronic versions of conference materials and
           statistics.

           For a full schedule, visit: www.uclaforecast.com