FOR IMMEDIATE RELEASE

Contact: Charla Stevens Kucko
(585) 273-4806

Rochester, N.Y. - November 15, 2007 - Charles I. Plosser, president of the Federal Reserve Bank of Philadelphia and former dean and professor at the Simon Graduate School of Business, University of Rochester, will present his 29th annual Economic Seminar at noon on November 27, 2007, at the Hyatt Regency Rochester. Plosser, an economist of international distinction currently on leave from the Simon School, assumed the Philly Fed presidency in August 2006.

Plosser will share his views on current economic conditions and what can be expected in the coming year. He will also discuss the risks the economy faces going forward. Joining Plosser will be Anthony Chan, managing director and chief economist with J. P. Morgan Private Client Services. Chan will share his economic outlook for New York State and upstate New York. E. Malcolm (Sandy) Wolcott Jr., president of J. P. Morgan Chase & Co., Upstate New York, will moderate the seminar.

The event, sponsored by the Simon School, Rochester Business Alliance, and J. P. Morgan Chase & Co., is open to the public. Advance registration is required at $40 per person. To register or for more information, contact alumniRSVP@simon.rochester.edu or call (585) 275-7563.

The Simon School prides itself as the place Where Thinkers Become Leaders™ and is currently ranked among the leading graduate business schools in the world in rankings published by the popular press, including BusinessWeek, U.S. News & World Report, The Wall Street Journal, Financial Times and Forbes. For example, the Financial Times recently rated the School 4th in the world for managerial economics and 5th in the world for both accounting and finance. More information about the Simon School is available on the World Wide Web at www.simon.rochester.edu.