Ann Lane Joins Loan Syndication At Chase.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 5, 2000

The Chase Manhattan Corporation (NYSE: CMB) announced today that Ann Lane has joined the firm's global loan syndication group as managing director focusing on corporate finance and capital markets opportunities globally within the group.

Ms. Lane joins Chase from Citigroup's Salomon Smith Barney unit where she served as managing director and co-head of loan syndications worldwide. Previously at Citibank, Ms. Lane was responsible for the firm's global aviation industry practice and prior to that, she ran the corporate debt restructuring group. She began her career in the leveraged buyouts group at Manufacturers Hanover Trust Co.

Peter Gleysteen, managing director and head of loan syndications at Chase, said, "It is terrific to have Ann join us. She is one of the best bankers in the business and her joining our team will contribute greatly to Chase's continued and growing global leadership in syndicated lending."

Chase is the leader in syndicated lending with a 39.9 percent share of book-managed transactions in the United States in the first quarter of 2000 and the leader across all geographic, industry and product segments of the business worldwide.

The Chase Manhattan Corporation (www.chase.com) is a premier global financial services firm with assets in excess of $400 billion. Chase combines the best of commercial and investment banking, offers world-class information and transaction processing services, and has a leading U.S. consumer franchise that serves 32 million customers. Through its newly formed business unit Chase.com, Chase is successfully creating innovative business models for the New Economy. Chase, with offices in more than 45 countries, has a presence in all of the principal financial centers around the world.