CORRECTING and REPLACING ADVISORY/A Principal Architect of Reaganomics, Dr. John Rutledge, Available to Discuss Reagan's Economic Legacy This Week.

News Editors/Business Editors/Political Writers

CORRECTION...by Rutledge Capital

--(BUSINESS WIRE)

In BW6103 issued June 7, 2004: The headline should read xxx Principal Architect of Reaganomics (sted: xxx Reagonomics). Also, the first sentence of the "WHAT" section should read: Dr. John Rutledge - who worked side-by-side with Late President Ronald Reagan to create Reaganomics (sted: xxx Reagonomics).

The corrected release reads:

ADVISORY/A PRINCIPAL ARCHITECT OF REAGANOMICS, DR. JOHN RUTLEDGE, AVAILABLE TO DISCUSS REAGAN'S ECONOMIC LEGACY THIS WEEK

WHAT:       Dr. John Rutledge - who worked side-by-side with
            Late President Ronald Reagan to create Reaganomics, is
            available to the media to discuss the former president's
            economic legacy. Dr. Rutledge (www.rutledgecapital.com) is
            currently an advisor to the Bush administration on the
            rebuilding of Iraq and the dividend tax cut - and also
            serves as an economic consultant and speaker to
            organizations and companies throughout the nation.

DETAILS:    From Dr. Rutledge:

            "The Gipper was the real deal. In a town where no one does
            what they say they are going to do, he shocked people by
            telling them just what he was going to do -- and then he
            did it!

            I had the honor of helping the Reagan transition team put
            together their economic plan. I wouldn't trade that
            experience for anything in the world.

            Young people today need to understand that, when Ronald
            Reagan was elected in November, 1980, the American people
            were discouraged. Inflation was 15%, the top federal
            income tax rate was 70%, interest rates were 21%, the Dow
            was 860, a wall separated the families of East and West
            Berlin, the Soviet Union was acquiring real estate, and
            Iran's Khomeini government was holding a group of
            Americans hostage in Tehran.

            Inflation is now 1-2%, tax rates are less that half as
            high, interest rates are low single digits, the stock
            market is above 10,000, and best of all, the Soviet Union
            and the Berlin Wall now only exist in the history books.
            The hostages, by the way, were released on the day Reagan
            was sworn in as President.

            All this worked because President Reagan understood that
            to make things better, we all had to work. The real heroes
            in America, he believed, were the factory workers, miners,
            waitresses, cabbies, teachers and homemakers who go to
            work every day to build a better life for their families,
            and that work, not government, was the answer. His genius
            was communicating to people that he respected them,
            understood their problems, and believed in them. The thing
            was, he really meant it. The Gipper was the real deal."


CONTACT:    For further information or to schedule an in-studio
            appearance or telephone briefing, please contact:
            Anne Donohoe / Scott Berwitz / Dan Stepanek
            KCSA Public Relations Worldwide
            [phone] / [phone] / [phone]
            [e-mail] / [e-mail] / [e-mail]