AFSA's 14th annual Finance Industry Conference for Fixed-Income Investors will be held on May 11-13 at the Grand Hyatt Washington in Washington, DC.

Twenty-two presenting companies will give updates on their operations and strategies. In addition, meeting participants will be able to meet senior executives one-on-one and talk with other professionals active in support of the finance industry. Registered attendees will also receive a CD-ROM containing the financial information from these presenting companies with direct access to their websites. AFSA would like to thank the rating agencies of FitchRatings, Moody's Investors Service, Standard & Poor's and DBRS for their support. The association is also pleased to have the following banks participate this year: Barclays, BNP Paribas, Credit Agricole Indosuez, HSBC, JPMorgan, and Merrill Lynch.

The keynote speaker, Stan O'Neal, Chairman of the Board & CEO with Merrill Lynch & Co., Inc. will address the conference during lunch on Tuesday, May 11th. Donna Zarcone, AFSA chair of the board and President and COO of Harley-Davidson Financial Services, Inc. will present the State of the Finance Industry at this session. At the closing luncheon on May 13th, Tony Snow, political analyst with the Fox News Channel, will discuss his views on the political landscape.

In addition to the 22 company presentations, there will be two timeslots devoted to the four Rating Agencies—see the conference brochure for details. Another conference favorite, the industry "library," will offer financial information from sponsoring companies and research reports from rating agencies and fixed income analysts.

While filled with informative sessions and educational opportunities, the conference program also offers social events on Tuesday and Wednesday evenings.

This conference is "the most informative, and efficient use of one's time" in the minds of most of the professionals in the industry. Almost 500 industry professionals are expected to attend.

For further information on this conference, please contact Tom Morano, AFSA's director of meetings & conferences at (202) 466-8601 or visit the meetings section within AFSA's Web site at: www.afsaonline.org for continuous updates.

David Tademaru is the 2004 Conference Chairman and National Treasury Manager of Toyota Motor Credit Corporation.