Vanguard
is the nation's second -largest mutual fund company, managing approximately
$880 billion in assets.sundancechannel.

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"Vanguard is the gold standard for protecting shareholder value," said
Malcolm Lazin, Executive Director of Equality Forum.

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ABOUT EQUALITY FORUM
Equality Forum is a national nonprofit and 501(c)(3) GLBT organization
headquartered in Philadelphia."
Eileen Opatut, Senior Vice President, Original Programming and
Development, Logo: "Working together, Sundance Channel and Logo have been able
to bring these significant stories to life," said Opatut.
Based in both Los Angeles and London, World of Wonder is best known for
award-winning films and documentaries such as The Eyes of Tammy Faye, Party
Monster (both Sundance Film Festival favorites) "Monica in Black and White"
(HBO) and "The Hidden Fuhrer" (Cinemax). World of Wonder has also produced and created numerous
documentaries and non-fiction programs for Court TV, VH1, MTV and A+E in the
States, as well as BBC, Channel 4, Channel 5 and ITV in the UK.

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Most recently World of Wonder have created and produced the
hit series "Show Biz Moms and Dads" and the popular sequel "Show Dog Moms +
Dads " for Bravo.

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worldofwonder.
Under the creative direction of Robert Redford, Sundance Channel brings
television viewers daring and engaging feature films, shorts, documentaries,
world cinema and animation, shown uncut and with no commercials.

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"After discussions with
Equality Forum, Vanguard determined that a supportive workplace for gay and
lesbian employees helps maximize shareholder interest .
"This series is a moving portrait of four fascinating people at a dramatic
time in their lives."
The subjects are spread across the country, at campuses in the Northeast
(Massachusetts ), the Midwest (Michigan), and the West (Colorado and
California).

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Exxon Mobil, others to be impacted by change in policy

PHILADELPHIA, Following discussions with Equality
Forum , a national gay, lesbian, bisexual and transgender (GLBT) civil rights
organization, The Vanguard Group has announced that it will vote in favor of
sexual orientation workplace protection in its proxy voting rights. At
the start of the project in 2003, 323 companies (65%) provided
nondiscrimination protection.

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Sundance Channel In Association With Logo Chronicles The Lives Of Four Transgender College Students In 'Transgeneration' Original Limited Series To Be Produc

"TransGeneration" will debut on
Sundance Channel with an hour-long premiere on September 20th at 9:00pm,
followed by six one -half hour shows and an hour-long finale Tuesday nights at
9:00pm. "TransGeneration" also offers an engaging first-hand
look at the current trend on college campuses of confronting gender issues and
politics head-on," said Laura Michalchyshyn, Executive Vice President
Programming and Marketing , Sundance Channel, "Sundance Channel is very proud
of this series and looks forward to continuing strong relationships with our
partners World of Wonder and Logo." An emerging talent
who won several awards as a student filmmaker, Simmons has worked extensively
as a film and television editor , and his credits include the recent feature
documentary Inside Deep Throat and the drama Party Monster . Programmed with a mix of original and acquired
entertainment that is authentic, smart and inclusive , Logo features more than
200 lesbian and gay films, an ongoing documentary series, newscasts tailored
for the gay and lesbian community and quality original shows and specials.

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The series will air on Logo in first quarter 2006. Executive Producers for Logo are
Lauren Lazin and Eileen Opatut.com .

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Vanguard Will Vote Proxy for Sexual Orientation Nondiscrimination

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"TransGeneration," is
produced by World of Wonder ("Showbiz Moms + Dads", Inside Deep Throat , The
Eyes of Tammy Faye).
The eight-episode series follows the students at four different colleges
over the course of the 2004/05 school year, capturing their setbacks and
triumphs as they balance the challenges of academia, campus life, and family
with their commitment to gender reassignment. Launched in 1996,
Sundance Channel is a venture between NBC Universal, Robert Redford , and
Showtime Networks Inc.

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This decision will
influence other mutual funds and positively increase proxy support for sexual
orientation nondiscrimination protection. With 149 million shares, Vanguard is the fourth-
largest institutional holder of Exxon Mobil shares.
Equality Forum's FORTUNE 500 Project, in collaboration with Professor
Louis Thomas of the Wharton School of University of Pennsylvania and Professor
Ian Ayres of Yale Law School, requests FORTUNE 500 companies to specifically
include sexual orientation in their workplace nondiscrimination policies.

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Exxon Mobil, number two on the FORTUNE 500 list, is one of only 40 of the
FORTUNE 500 companies that do not provide nondiscrimination protection for gay
and lesbian employees. Equality Forum undertakes high impact
initiatives, produces documentary films, highlights GLBT history and presents
annually the largest national and international GLBT civil rights forum. WOW's Jeremy Simmons Directs Eight-Episode Series Premiering Tuesday,
September 20th, 2005

NEW YORK, Sundance Channel in association with
MTVN's Logo announce the creation of an original documentary series titled
"TransGeneration " which looks at the daily lives of four college
undergraduates who are undergoing a gender transition . World of Wonder has a long and
distinguished track record making sensitive and engaging films about sex and
sexuality from "Gay Hollywood" (AMC) to "Schools Out" (MTV) to "Plushies and
Furries " (MTV). More information
about World of Wonder can be found on the WOW Report daily blog,
http: //www.

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As directors/producers, their credits
include the documentaries Behind Deep Throat, The Eyes of Tammy Faye, and
Party Monster: The Michael Alig Story, as well as the 2003 drama Party
Monster .

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"
"We believe that fully inclusive employment policies may be reasonably
expected to contribute positively to shareholder value," said Glenn Booraem,
Principal + Assistant Fund Controller for Vanguard .
Executive producers for Sundance Channel are Laura Michalchyshyn and Adam
Pincus; Ann Rose is supervising producer. Co-founders
Randy Barbato and Fenton Bailey recently wrote and directed "Inside Deep
Throat," a feature documentary about the classic adult film.net.

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Through the stories of these four students, their friends,
families and communities, "TransGeneration" highlights a growing phenomenon:
that gender identity is being confronted by a younger generation.

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Sundance
Channel 's website address is http://www.

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equalityforum.com/fortune500.

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The director and supervising producer of "TransGeneration" is Jeremy
Simmons, whose credits include the television documentaries "School's Out: The
Life of a Gay High School in Texas" (a GLAAD Award nominee for Outstanding
Documentary ) which aired on MTV and AMC's "Gay Hollywood. Through its
original films, Sundance Channel connects viewers with filmmakers, the
creative process, and the world of independent film.

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Logo, MTVN 's new ad-supported basic cable channel for the lesbian, gay,
bisexual and transgender (LGBT) audience , launches June 30 with more than one
thousand hours of programming content and in approximately 10 million homes
across the United States. Sundance Channel operates independently of the non-
profit Sundance Institute and the Sundance Film Festival, but shares the
overall Sundance mission of supporting independent artists and providing them
with wider opportunities to present their work to audiences .

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Today, 460 of the FORTUNE 500 companies (92%)
now protect gay and lesbian employees.

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Vanguard 's letter stating their policy change, along with more information
on the FORTUNE 500 Project, can be found at:
http://www.

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"I have never
worked so well with a partner on a creative level, and I look forward to many
more co-ventures in the future. "TransGeneration"
is produced by Thairin Smothers and executive produced by award-winning
filmmakers Fenton Bailey and Randy Barbato, founders of film and television
production company World of Wonder.

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