ISDA®

INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION

NEWS RELEASE

For Immediate Release: Monday, April 30, 2001

For More Information, Please Contact: Ruth Ainslie, ISDA

(212) 332-1200; Fax (212) 332-1212; rainslie@isda.org

ISDA ANNOUNCES DERIVATIVES AND RISK MANAGEMENT CONFERENCE IN MEXICO – MAY 7 – 8, 2001

NEW YORK, Monday, April 30, 2001 – ISDA is conducting a two-day conference on Derivatives and Risk Management in Mexico sponsored by Banco de Mexico, Nacional Financiera, Asociacion de Banqueros de Mexico and MexDer. The conference will be held at the Nacional Financiera Auditorium in Mexico City on Monday, May 7, 2001 and Tuesday, May 8, 2001. The agenda for the full conference can be accessed through ISDA’s web site: www.isda.org.

The conference will provide regulators, corporate and financial industry executives in Mexico and the region with in-depth and practical information on the benefits of derivatives activity, focusing on risk management, documentation development, public policy issues and challenges facing market professionals. Conference presentations will include discussions of regulatory developments including the business impact and netting benefits of the new bankruptcy law, credit risk mitigation and market risk management, financial innovation and developing products, and accounting and tax treatment.

Leaders in government, finance, and the legal profession will participate in the program. Speakers include Guillermo Guemez-Garcia, Deputy Governor, Banco de Mexico, Mario Laborin, General Director, Nacional Financiera, Federico Patino, Deputy General Director, Nacional Financiera, and Hector Rangel, President, Mexican Bankers Asociacion. Luncheon speakers include Jonathan Davis, President of the National Banking and Securities Commission and Agustin Carstens, Undersecretary for the Ministry of Finance.

^®ISDA is a registered trademark of the International Swaps & Derivatives Association, Inc.