TULANE TALK

March 26, 2004

Good Morning:

Last week I shared with you the accomplishments of Tulane University over the past five years and our goals for the next five years. I am now pleased to announce that Wayne Joseph Lee and Jeanne Claire Olivier have been named to the Board of Tulane to help us achieve these goals.

Wayne Joseph Lee chairs the commercial litigation practice group at the New Orleans law firm of Stone Pigman Walther Wittmann L.L.C. Wayne received his B.A. from the College of Arts and Sciences at Tulane in 1971 and his law degree from Tulane Law School in 1974, where he was elected to the Order of the Coif and was a member of the board of editors for the Tulane Law Review. Wayne is currently a member of the Law School Dean’s Advisory Board and a former member of the Law School Building Committee and the Board of Governors at Tulane Health Sciences Center.

In June 2003, Wayne became the first African-American to be named president of the Louisiana State Bar Association and in August 2003 he received the President’s Award from the New Orleans Bar Association. Wayne is also a trustee and former chairman of the Greater New Orleans Foundation and a former member of the Louisiana Board of Regents.

Jeanne Claire Olivier is a partner of Shearman & Sterling LLP, a global law firm with 19 offices around the world. She was also head of the law firm’s project development and finance group for many years. In 1975, Jeanne graduated magna cum laude from Newcomb College with honors in political science and received a Watson Fellowship for post-graduate study abroad. She also earned a law degree in 1979 from the University of Pennsylvania Law School.

Jeanne is the chair of the Associates Board of Directors at Tulane, a member of the Tulane President’s Council and a member of the Campaign Executive Committee. She recently served on the Board of Overseers at the University of Pennsylvania Law School and is currently on the Board of Advisors of the Institute of Law and Economics at the University of Pennsylvania Law School and Wharton School of Business. Jeanne is also on the National Board of Boys Hope/Girls Hope and on the Board of Directors of the Thomas J. Watson Foundation.

These two board members have long associations and unswerving loyalty, devotion and affection for Tulane University. They also possess the local ties and global vision needed to continue leading Tulane on the path to greatness. I think I speak for the whole board when I say how pleased we are that Wayne and Jeanne will now play such a central role in the future of Tulane.

Have a great weekend,