FOR IMMEDIATE RELEASE:
January 3, 2003

For more information, contact:
Janine Hoke
202-637-3243
jhoke@kellencompany.com

WASHINGTON, DC - The American Tax Policy Institute (ATPI) is pleased to announce the election of its new Officers and Trustees for 2003, including Ronald A. Pearlman as President and Dr. Rudolph G. Penner as Vice President. Pearlman is a Professor of Law at the Georgetown University Law Center in Washington, DC and a former Assistant Secretary of the Treasury for Tax Policy and Chief of Staff of the Congressional Joint Committee on Taxation. Penner is a Senior Fellow at the Urban Institute in Washington, DC and a former Director of the Congressional Budget Office. The other officers continuing their terms in 2003 are Elaine K. Church, Treasurer, PricewaterhouseCoopers, Washington, DC, and Prof. Jonathan B. Forman, Secretary, University of Oklahoma College of Law, Oklahoma City, OK.

Four tax professionals were elected as new members of the ATPI Board of Trustees: Fred T. Goldberg, Jr., Skadden Arps Slate Meagher &Flom, LLP, Washington, DC; Robert A. Jacobs, Milbank, Tweed, Hadley &McCloy LLP, New York, NY; Richard M. Lipton, Baker &McKenzie, Chicago, IL; Michael J. Murphy, Sutherland, Asbill &Brennan, Washington, DC; and Pam Pecarich, Consultant, AICPA Tax Executive Committee, Ventura, CA.

Five individuals were re-elected for additional terms as ATPI Trustees: Prof. Daniel Halperin, Harvard Law School, Cambridge, MA; Prof. Annette Nellen, San Jose State University School College of Business, San Jose, CA; Douglas P. Stives, The Curchin Group, Red Bank, NJ; and William J. Wilkins, Wilmer, Cutler &Pickering, Washington, DC. Re-elected for a one-year term was Paul J. Sax, Orrick, Herrington &Sutcliffe, LLP, San Francisco, CA.

The American Tax Policy Institute is dedicated to improving the Nation's tax system by supporting objective and nonpartisan research and analysis on tax policy issues. Founded in 1990, the Institute is a section 501(c)(3) organization supported by donations from individuals and organizations, including the American College of Tax Counsel and the Section of Taxation of the American Bar Association.

For more information on ATPI, contact Janine Hoke, ATPI, 1156 - 15th Street, NW, Suite 900, Washington, DC 20005. Telephone: (202) 202-637-3243; Fax: (202) 223-9741; Email: jhoke@kellencompany.com.