No Borders, No Boundaries: Non-U.S. Firms Find That A U.S. Listing Is No Longer A Question Mark - How Else Can You Give American Employees Options? -

Business Wire, August 11, 1999

NEW YORK--(BUSINESS WIRE)--Aug. 11, 1999--

PricewaterhouseCoopers reports that, based on its contacts with non-U.S. companies, there is a significant backlog of multinational companies preparing to list on U.S. markets - joining the 1200 non-U.S. firms that already have registered with the SEC.

William Decker, Partner in Charge of the Global Capital Markets Group at PricewaterhouseCoopers, the world's largest professional services organization, can speak to:

- How cross-border mergers and the strength of the U.S. marketplace

are forcing decisions on U.S. listings - and why the pace is

accelerating.

- How listings facilitate acquisitions and market entry for

non-U.S. companies - and why the availability of options to

retain and recruit valuable U.S. employees is a key issue.

- Why the rush to list in the U.S. may have the effect of

accelerating the acceptance of U.S. GAAP as the unofficial global

accounting standard - and how that may act as an accelerant for

additional cross-border M&A.

Decker can also speak to:

- The competitive value of a U.S. listing.

- The role of a U.S. listing in M&A. o Regulatory issues affecting

listings.

PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization, helping clients worldwide build value, manage risk and improve their performance.