Corporate Directors Forum Hosts Breakfast Program: Licensed to Thrill: Seven Hot Topics for the '007' Proxy Season.

Corporate Directors Forum:

WHAT:   In anticipation of the upcoming proxy season, executive vice
        president and special council for Institutional Shareholders
        Services, Patrick McGurn -- arguably the leading expert on
        proxies in America -- will offer practical advice for
        directors in a James Bond-themed presentation that will cover
        the season's hottest topics:

          -- Shareholder access to the proxy
          -- Majority voting/proxy access
          -- Rising boardroom accountability
          -- Executive compensation and disclosure
          -- The spotlight on compensation panels
          -- Hedge-fund activism
          -- Pending changes in the proxy voting process

        McGurn is frequently cited by business publications such as
        The Wall Street Journal and BusinessWeek. He has appeared on
        ABC World News Tonight, Bloomberg Radio and TV, BBC Radio, CBS
        Evening News, CNBC, CNN, Marketplace, NBC Nightly News and
        more.

        ISS is the world's leading provider of proxy voting services
        and corporate governance research. ISS serves more than 1,600
        institutional investor clients. ISS recommends votes on ballot
        issues for more than 35,000 shareholder meetings across 115
        markets around the globe.

WHEN:   Thursday, May 17, 2007
        7 - 7:30 a.m. - Coffee and peer networking
        7:30 - 9 a.m. - Breakfast and program

WHERE:  Hyatt Regency La Jolla
        3777 La Jolla Village Drive

COST:   Corporate Directors Forum members - free
        Non-members - $40
        Advance payment is required.  Amex, MasterCard, Visa or check
        accepted.

PAYMENT By May 15, 2007
& RSVP: Contact the Corporate Directors Forum at 858/455-7930 or
        [e-mail].