New York Fed Names Vice President - FEDERAL RESERVE BANK of NEW YORK

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Press Release

New York Fed Names Vice President

June 20, 2003

NEW YORK - The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of Elizabeth Ann Rodriguez as vice president. She is responsible for the office of regional and community affairs, and had been assistant vice president in that office since June 1999.

Ms. Rodriguez joined the bank in June 1987 as a senior community affairs representative assigned to the compliance examinations department. In April 1994, Ms. Rodriguez was appointed an officer of the bank and assigned to the office of regional strategies in the corporate and the community affairs office.

Ms. Rodriguez holds a B.S. degree from City University of New York and a M.S. degree from Herbert H. Lehman College.

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