Brown Brothers Harriman Launches New Market View Product; Information Product Suite Increases Knowledge, Revenue, and Efficiency.

Business Editors

BOSTON--(BUSINESS WIRE)--May 15, 2002

Brown Brothers Harriman (BBH) today announced the launch of Market View, a suite of advanced, web-based information products that provides comprehensive, real-time access to investment industry news and analysis. For the first time, access to Market View is available to those who are not custody or foreign exchange clients of BBH.

Market View is a customisable collection of award-winning reports that enable cost savings and increased efficiencies by delivering relevant updates and analyses. Users are alerted to breaking events, while keeping current on operational risk exposure, capital markets practices, foreign exchange trends, sovereign economic factors, and other critical knowledge.

"Market View puts BBH's acclaimed expertise into a format easily comprehensible to end-users," said Beth Stubenrauch, Head of Network Management at BBH. "Access to local knowledge of 100 markets allows BBH to cull the information most relevant to investor needs with value-added analysis, giving users a powerful tool with which they can maximize internal resources, improve training programs and increase revenues through white label arrangements."

Information and analysis for Market View is gathered by BBH's industry-leading Network Management group - researched, reported and reviewed by experts in custody operations, credit analysis, and foreign exchange. The product suite is accessible over the Internet and through email in real-time, daily, monthly, and annual reports, and includes products such as:

-- Market Practice Reports: Guiding investors through operating features of
capital markets

-- Life of a Trade(R): Tracking trading and settlement processes, highlighting

operational market risks

-- Foreign Exchange Commentary:

Offering 24-hour coverage of trading activity with expert economic analysis

-- Risk View:

Quantifying risk exposure in operating environments relative to other markets.

About Brown Brothers Harriman

A global leader with 180 years of experience, Brown Brothers Harriman (BBH) helps many of the world's most sophisticated mutual funds, investment managers, banks and insurance companies achieve their international business objectives. BBH provides specialist services and innovative solutions to clients in over 100 markets for custody, accounting, administration, securities lending, foreign exchange and brokerage services. Combining entrepreneurial thinking, innovative technology and unmatched client service, BBH is consistently ranked among the world's top global custodians and maintains a presence in each of the principal financial centres around the globe. For more information on BBH's unique integrated approach, please visit www.bbh.com.