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BNP Paribas Proudly Co-Sponsors and Underwrites the Milken Institute Global Conference

The most profitable bank
in the Euro zone, it has a presence in 85 countries with 89,400
employees. The group enjoys key positions in Corporate and Investment
Banking, Private Banking + Asset Management, Insurance, Securities
Services and Retail Banking .
NAMIC's more than 1,400 members account for $196.

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com) is a European leader in banking
and financial services, with a significant and growing presence in the
United Sates and leading positions in Asia. This is an increase of $26 billion in
premium and two percentage points over the previous year's figures.

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"Our focus on providing strong membership value, broad
grassroots strength and enhanced public policy development has helped NAMIC
further its position as the largest property/casualty insurance company trade
association in the United States.

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NAMIC members account for 44 percent of the
homeowners market, 38 percent of the automobile market, 39 percent of the
workers' compensation market, and 31 percent of the commercial property and
liability market.

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INDIANAPOLIS, The National Association of Mutual
Insurance Companies (NAMIC) now represents 43 percent of the U. Information about the association, its member companies and the
property/casualty insurance industry can be found at NAMIC Online,
http://www.

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Business Editors
Milken Institute Global Conference

NEW YORK----BNP Paribas is pleased
to announce that it is a main sponsor for the third consecutive year
and underwriter for the second year of the Milken Institute Global
Conference.

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This year's conference takes place April 18-20, 2005, at
the Beverly Hilton Hotel in Los Angeles
The Milken Institute Global Conference brings together some of the
world's most extraordinary thinkers and decision makers for three days
of intensive discussions on a wide range of economic, business, public
policy and social issues. As a
registered NYSE member, NASD broker-dealer and member of SIPC, BNP
Paribas Securities Corp.

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With offices in New York, BNP Paribas in North America offers a broad
range of corporate, investment banking and securities brokerage
activities.

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whose families

milkeninstitute.S.org .

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This year, BNP Paribas will have the following executives as
panelists at the conference:

Raymond Foo - Chief Asian Strategist
Denis Autier - Head of Global Risk Solutions
Richard Iley - Senior Economist, North America

About BNP Paribas

BNP Paribas (www.
BNP Paribas provides a full array of financial products through a
portfolio of brands that cover a variety of distribution channels."
Founded in 1895, NAMIC is a full-service national trade association.
NAMIC benefits member companies through advocacy, public policy and member
services.

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It is based in
Santa Monica , CA.

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NAMIC: Turning Issues into Positive Results

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bnpparibas. trades and markets a vast array of global and
domestic fixed income and equity products

About the Institute: The Milken Institute is a nonprofit,
independent economic think tank whose mission is to improve the lives
and economic conditions of diverse populations around the world by
helping business and public policy leaders identify and implement
innovative ideas for creating broad-based prosperity.

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(www.4 billion in annual
direct written premium.
"NAMIC's market share enjoyed strong growth last year as the association
attracted new members and retained existing members by providing effective and
high-value advocacy, public policy and member services," said NAMIC President
Chuck Chamness.namic.

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NAMIC Growth Drives Market Share Increases

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Now in its eighth year, it has become an important gathering for a
diverse audience of business leaders, financial executives , investors,
institutional investors, philanthropists, government officials,
journalists and top academics -- including many Nobel laureates --
from more than 50 countries. With locations in all the major corporate and financial
centers across the United States and Canada, BNP Paribas in North
America serves a world-class client base of multinational corporate
and mid-cap companies, major issuers and institutional buyers.
property/casualty insurance market.

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