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TIAA-CREF's Amy O'Brien Added to Social Investment Forum Board of Directors

TIAA-CREF's Amy O'Brien Added to Social Investment Forum Board of Directors

Published 05-19-06

Submitted by TIAA-CREF

NEW YORK - TIAA-CREF, the financial services organization and leading provider of retirement security in the academic, medical and cultural fields, today announced that Amy Muska O'Brien has joined the Board of Directors of the Social Investment Forum, which promotes the concept, practice and growth of socially responsible investing.

"It is a special privilege to have Amy joining our Board," said Tim Smith, President of the Social Investment Forum. "Amy brings a wealth of experience and strengths to this post. Her energy and counsel on the issues responsible investors face will be invaluable."

"I'm honored to be a part of the Forum," said Amy O'Brien, Director of Social Investing. "Its work furthers our efforts to collaborate with experts in the field of socially responsible investing and its educational mission complements our own."

Ms. O'Brien leads a wide range of social and community investing initiatives across TIAA-CREF. Among her responsibilities are overseeing the social screening of such funds as the CREF Social Choice Account, acting as liaison to participants and other stakeholders in connection with the company's social- and community-focused investments, and providing leadership to the company on socially responsible and community investing issues.

"TIAA-CREF has the largest social choice mutual fund in the country, is a tried and true leader in the area of corporate governance reform," added Smith. "It understands well how environmental, social and governance issues can impact shareowner value. Amy's involvement in the Board symbolizes the expanding involvement of mainstream investors in this arena."

O'Brien joined the board on April 28, 2006 and her term lasts three years.

About Social Investment Forum

The Social Investment Forum (The Forum) is a national non-profit membership association dedicated to promoting the concept, practice and growth of socially responsible investing (SRI). The Forum is comprised of investment practitioners and institutions from across all fields who seek to use their investment dollars to encourage positive social and environmental change in society. Further information can be found at www.socialinvest.org.

About TIAA-CREF

TIAA-CREF is a national financial services organization with more than $380 billion in combined assets under management (3/31/06) and the leading provider of retirement services in the academic, research, medical and cultural fields. The CREF Social Choice Account has over $8 billion in assets (3/31/06). Further information can be found at www.tiaa-cref.org.

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TIAA-CREF

TIAA-CREF

TIAA-CREF is a national financial services organization with more than $380 billion in combined assets under management (6/30/06) and the leading provider of retirement services in the academic, research, medical and cultural fields.

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