Coverage Invited: Counterparty Risk Management Group Releases Final Report.

Counterparty Risk Management Policy Group:

WHEN:
Wednesday, July 27th
Press Conference will begin promptly at 11:00 am.
Report will be available from 9:00 a.m. (at the press conference
site).
Report embargoed until 11:00 a.m.

WHERE:
Waldorf Astoria Hotel
Hilton Room
301 Park Avenue (corner of E. 49th Street)
New York City

WHAT:
In January 2005, the Counterparty Risk Management Policy Group
convened to organize for a second time. Composed of senior officials
from the major financial institutions, the Group, drawing on the work
of its first incarnation in 1999, examined what additional steps
should be taken by the private sector to promote the efficiency,
effectiveness and stability of the global financial system.

The Group's conclusions are documented in an extensive report to be
released Wednesday, July 27th.

WHO:
The Group is chaired by E Gerald Corrigan, a Managing Director at
Goldman Sachs, who will present the Group's conclusions. He will be
accompanied by the Group's Vice Chair, David Bushnell, Senior Risk
Officer, Citigroup and Don M. Wilson, Senior Risk Officer, JPMorgan
Chase

                              Please RSVP
                      Goldman Sachs: 212-902-5400