FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs - 202-224-4524

Tuesday, May 14, 2002

Craig Davis - 202-224-7391



SARBANES ANNOUNCES COMMITTEE ACTION
ON ACCOUNTING REFORM AND INVESTOR
PROTECTION ISSUES

Senator Paul S. Sarbanes (D-MD), Chairman of the Banking, Housing, and Urban Affairs Committee, today announced that the full Committee will meet to conduct a mark-up of the "Public Company Accounting Reform and Investor Protection Act of 2002."

The Mark-up will be held:

TUESDAY, MAY 21, 2002
10:00 A.M.
538 DIRKSEN SENATE OFFICE BUILDING



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