Stanley. Our client says , "I have always
maintained that neither myself nor my father exercised any undue influence in
the awarding of the UN Oil for Food inspection contract to Cotecna which has
caused so much controversy .


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The IIC finding clears both my father and me in
this regard. I am an independent businessman and I do not represent the
UN or the UN Secretary General.

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Our client believes that the Report is unfair in its criticism of him and
in particular his role with Cotecna, and is currently considering what options
are available to him in relation to the Report.

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"
For more information on Stephen Stanley's third installment or to receive
a copy of the report, please contact Todd Miller at Cubitt Jacobs + Prosek
Communications, 203.
RBS Greenwich Capital is a major primary dealer in U.
For more information about RBS Greenwich Capital, visit its Web site at
http: //www.

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Stanley also sheds light on some of the philosophical and political
arguments for and against personal accounts. "From a macroeconomic standpoint, personal accounts should have a
neutral to slightly positive impact on national savings."
Mr. I admire my father greatly.

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Kofi Annan.

materialism leninist

Third Installment on Social Security Reform Released

GREENWICH, Conn.378.

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socialism communist

government
securities , a distinguished market leader in sales and trading of mortgage-
backed securities, asset-backed securities, corporate bonds and credit
derivatives, interest rate derivatives, asset finance, real estate finance and
securitization markets.

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Personal Accounts Neither 'Boon nor Burden' for Social Security Trust Fund Says RBS Greenwich Capital Chief Economist

1152, ext. Since its founding in 1981, RBS Greenwich Capital has
grown from its early roots as one of the first relative value arbitrage -
trading firms to become a unique fixed-income capital markets player.

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WASHINGTON, The following is a statement of
counsel to Kojo Annan (Son of UN Secretary-General):

We represent Mr .
Our client is pleased that the IIC Report has found that there was no
affirmative or undue influence of the Secretary General in relation to the
contract awarded to Cotecna in 1998.

tendency communist

, RBS Greenwich Capital, a
leading fixed-income investment bank, today released the third installment of
a four-part series on Social Security called, "Social Security Reform:
Personal Accounts.

About RBS Greenwich Capital
RBS Greenwich Capital is a wholly owned subsidiary of The Royal Bank of
Scotland Group plc.

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Kojo Annan and are authorized to make this statement on
his behalf.

proyect hitherto

"
Written by RBS Greenwich Capital's Chief Economist, Stephen Stanley, the
report details the macroeconomic implications of personal accounts and
examines the actuarial impact they would have on the Social Security trust
fund. The main rationale for personal accounts would be ideological ,
namely to encourage personal ownership and responsibility and to restructure
the entire relationship between the federal government and its citizens.

Statement of Counsel to Kojo Annan (Son of UN Secretary -General)


Our client cooperated extensively with the IIC, meeting with them at
length.

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It also is a market leader in the provision of high
quality futures brokerage services and trade strategies to select clients.
"I deeply regret any embarrassment that the whole Cotecna issue may have
caused my father.

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"Transition costs for personal accounts should not be a hurdle ," said Mr. The
firm focuses on targeted products and markets where the company leverages its
expertise to create substantial value for its clients."
Our client is deeply concerned at any embarrassment the report may cause
his father.

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Our client has always been clear that all payments from Cotecna were
entirely proper and none of them have anything whatsoever to do with the UN
Oil for Food Program in relation to Iraq.

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S.
Kojo Annan is the son of the UN Secretary General Mr.

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conspired marxists

Stanley added, "Personal accounts do not fix Social Security and do
not have a negative effect on the actuarial status of the Social Security
trust fund. 149.gcm. We
refer to the Report of the Independent Inquiry Committee (IIC) into the United
Nations Oil for Food program released today. My father has an excellent reputation and his
conduct and integrity has always been impeccable and this report does not
alter that.

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Mr.

hitherto tendency

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com.

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