ISDA®

INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION

NEWS RELEASE

For Immediate Release Monday, September 17, 2001

For More Information, Please Contact:

Stacy Carey, ISDA New York, (212) 332-1200; Fax (212) 332-1212; scarey@isda.org

ISDA ANNOUNCES ONE-YEAR U.S. DOLLAR SWAP RATE POSTINGS AS OF SEPTEMBER 17, 2001

NEW YORK, Monday, September 17, 2001 – The International Swaps and Derivatives Association (ISDA) today resumed publication of one-year U.S. Dollar swap rates on Reuters page ISDAFIX®3 with a 2:00 p.m. fixing. The U.S. Dollar rates had not been published after Monday, September 10 due to the World Trade Center attack on September 11, 2001. As of today, U.S. Dollar swap rates on Reuters page ISDAFIX®3 are again being published in various publications of the Board of Governors of the Federal Reserve System, including its H.15 Daily Update (www.federalreserve.gov/releases/H15) using a modified methodology based upon available data. ISDA anticipates 11:00 a.m. and 3:00 p.m. fixings tomorrow.

“ISDA believes it is important to continue supporting orderly markets,” according to Jonathan Moulds, Head of Global Rates at Bank of America, ISDA Board Member and Chair of ISDA’s Trading Practice Committee. “ISDA considers the publication of the U.S. Dollar ISDAFIX® to be a meaningful market contribution”.

The U.S. dollar par swap rates are part of a series of rates for different currencies sponsored by ISDA and published by Reuters Limited based on information obtained from dealers by Garban Intercapital plc. Rates for euro, Sterling, Swiss francs and Japanese yen, as well as U.S. dollar swap spreads, are available on various Reuters ISDAFIX® pages. ISDAFIX® Rates in these currencies have continued to be posted without interruption. Further details regarding ISDAFIX® Rates are provided on the Reuters ISDAINFO page.

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