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INTERNATIONAL RISK CONSULTANTS NAMED EX-IM BANK'S BROKER OF THE YEAR

FOR IMMEDIATE RELEASE April 27, 2004

Media Contact Name/Phone: 

Marianna Ohe (202) 565-3200

WASHINGTON, D.C.- International Risk Consultants, Inc. (IRC), Columbus, Ohio, will receive the Broker of the Year Award from the Export-Import Bank of the United States (Ex-Im Bank) at Ex-Im Bank's 2004 annual conference in Washington, D.C., on Thursday, April 29.

Since beginning operations with only two people in 1987, IRC has become one of the largest and fastest growing brokerages in the United States specializing in trade and political risk insurance. IRC, which has seven offices abroad and seven in the US, brokers more than 100 active Ex-Im Bank multi-buyer policies in 28 states, and generated over 100 Ex-Im Bank medium-term policies in 2003 alone.

IRC is an outstanding partner in helping Ex-Im Bank reach out to small and medium-sized U.S. companies, to enable them to compete in emerging markets and create and sustain U.S. jobs, said Ex-Im Bank Chairman Philip Merrill.

IRC is delighted to accept this award from the Export-Import Bank of the United States, said IRC partner, Jack Johnstone. Ex-Im Bank provides essential support to U.S. exporters and financial institutions. We thank everyone at Ex-Im Bank for their professionalism, and we look forward to continued success in the years ahead.

IRC is a partner-owned brokerage with over 50 people. The company recently opened offices in San Francisco and Houston.

Ex-Im Bank's 29th annual conference on April 29 and 30, at the Omni Shoreham Hotel in Washington, D.C., will include speeches by Treasury Secretary John Snow, Commerce Secretary Donald Evans, and others. It will also feature specialized workshops and exhibits on export finance and trade to help U.S. exporters expand their sales to foreign markets.

In conjunction with the conference, Ex-Im Bank recognizes several companies each year for their high level of activity to increase U.S. exports through use of Ex-Im Bank programs.

Ex-Im Bank this year marks its 70th year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance, and direct loans. In fiscal year 2003, Ex-Im Bank, an independent federal agency, authorized $14.3 billion of U.S. exports worldwide. For more information on Ex-Im Bank and its annual conference, visit www.exim.gov.