LEADING CHICAGO EXECUTIVES NAMED TO IIT BOARD

Date

Chicago, IL — September 24, 2002 —

Two prominent Chicago business executives today were elected to the Board of Trustees at the Illinois Institute of Technology (IIT).

Named to the board are Byrne Mulrooney, Chicago, Ill., President of the Midwest Region, Operations Solutions for Electronic Data Systems Corporation; and John A. Wing, Evanston, Ill., retired chairman of the board and CEO of ABN AMRO Inc., (formerly The Chicago Corporation). Wing had previously served on the IIT board from 1990-1998.

In the U.S. Midwest region, Mulrooney oversees strategic marketing, sales, business development, profit and loss and client relationships for Operations Solutions, a more than $14 billion EDS operation globally, specializing in hosting services and financial processing management. Previously, he was vice president of the company’s Portfolio Management, Information Solutions, leading a worldwide global service development team.

He is a member of the Economic Club of Chicago, the board of directors for The Executives’ Club of Chicago, the board of directors for the Chicago Boys and Girls Clubs, and the board of trustees for the Chicago Symphony Orchestra.

Mulrooney earned his master’s degree in management from Northwestern University’s Kellogg Graduate School of Management. He has a bachelor’s degree in mechanical engineering from Villanova University.

Wing joined The Chicago Corporation as its CEO in 1981. He continued to lead the firm following the merger with ABN AMRO in January 1997. He is currently a director of the Acorn Fund Trust, Chicago, Labe Bank & LDF, Inc., Chicago, and Margo Caribe Inc., San Juan, Puerto Rico. He is also chairman of the Center for Law and Financial Markets at IIT. The CLFM offers highly focused, interdisciplinary graduate study programs in the financial markets and related law.

Wing began his career in 1960 with the Securities and Exchange Commission as a financial analyst and later as a trial attorney. He moved to Chicago in 1968 to join A.G. Becker & Company as vice president and general counsel.

Wing’s memberships have included the Chicago Mercantile Exchange’s special panel to review trading rules and practices, director of Chicago Capital Fund, National Association of Securities Dealers and the National Futures Association.

Wing holds a bachelor’s degree from Union College, Schenectady, N.Y. and a doctorate degree from George Washington University Law School.

Founded in 1890, Illinois Institute of Technology is a Ph.D.-granting technological university awarding degrees in the sciences, mathematics and engineering, as well as architecture, psychology, design, business and law. IIT has developed an interprofessional, technology-focused curriculum that prepares its 6,200 students for leadership in an increasingly complex and culturally diverse global workplace.

Founded in 1890, IIT is a Ph.D.-granting technological university awarding degrees in the sciences, mathematics and engineering, as well as architecture, psychology, design, business and law. IIT’s interprofessional, technology-focused curriculum prepares the university’s 6,200 students for leadership roles in an increasingly complex and culturally diverse global workplace.