Server: Netscape-Enterprise/2.01 Date: Thu, 18 Dec 1997 10:52:53 GMT Accept-ranges: bytes Last-modified: Wed, 27 Aug 1997 19:24:14 GMT Content-length: 2846 Content-type: text/html Raroc 2020

Risk Management Advisory honored.

RAROC 2020 is an adaptation of Bankers Trust's breakthrough RAROC (Risk Adjusted Return on Capital) methodology for evaluating risk. Long a pioneer in risk management, we are now making our proprietary risk methodology available to our clients.

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© Copyright 1997 Bankers Trust New York Corporation. All rights reserved.
RAROC 2020 is a trademark of Bankers Trust. RAROC 2020 does not dictate investment strategy. The service is designed to give investors information on the risks imbedded in their portfolios, including the types of risk and levels of exposure, and the location of the risks, by asset type, product, country, or by manager. RAROC 2020 shows the risks and potential risks and opportunities involved in existing or proposed positions under a variety of scenarios. It represents a probabilistic view.