November 13, 2002

Los Angeles — Today, hundreds of business professionals gathered at the inaugural National University of Singapore (NUS) - Singapore Institute of Directors (SID) Corporate Governance Conference in Singapore. Distinguished professors from UCLA Anderson, Dr. Patricia Hughes, professor of accounting, and Dr. Michael Brennan, The Goldyne and Irwin Hearsh Chair Emeritus in Money and Banking, were featured as keynote speakers.

The conference was designed to bring academics from NUS and UCLA, finance and accounting professionals together to discuss the latest issues on stock option expensing, executive compensation and creative accounting techniques. Several academics, company directors and professionals made presentations to the conference attendees in their respective fields of expertise.

Dr. Christopher Tang, Edward W. Carter Chair in Business Administration and professor, decision sciences at UCLA Anderson, was a key participant in the conference. Dr. Tang is currently on special leave from UCLA Anderson and is serving as The Cycle and Carriage Visiting Professor, National University of Singapore.

"Today's conference illustrated the importance of networking and sharing of ideas among business practitioners, professionals and academics," said Dr. Tang. He addressed the conference participants with a speech that focused on creative accounting and incentive compensation.

The conference consisted of a series of prominent speakers by leading industry executives. The speakers included Mr. Andrew Ang, senior partner, Lee & Lee, SID treasurer and council member; Mr. Basil Chan, CEO, company director and SID council member; Dr. Ho Yew Kee, MBA co-director and assistant professor of finance and accounting, NUS Business School; Mak Yuen Teen, vice-dean and associate professor of accounting, NUS Business School, SID council member; Ian Speirs, director of Rewards Consulting, Human Capital Group, Watson Wyatt; Reggie Thein, company director, SID council member; Armaghan Ui Haq, director, Global Capital Markets Group, PricewaterhouseCoopers; and Dr. Trevor Wilkins, head of finance and accounting, NUS Business School.

About UCLA Anderson

UCLA Anderson is perennially ranked among the top-tier business schools in the world. Award winning faculty renowned for their research and teaching, highly selective students, successful alumni and world-class facilities combine to provide an extraordinary learning opportunity. Established in 1935, The school provides management education to more than 1,300 students enrolled in full-time, part-time and executive MBA programs and academic masters and Ph.D. programs.

Theschool's faculty includes outstanding educators and researchers who share their scholarship and expertise in such fundamental areas as finance, marketing, accounting, business economics, decisions, operations and technology management, human resources and organizational behavior, information systems, strategy and policy.

Recognizing that the school offers unparalleled expertise in management education, the world's business community turns to UCLA Anderson as a center of influence for the ideas, innovations, strategies and talent that will shape the future.

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