London/Berlin, 5 September 2006 — Ernst & Young, one of the world’s leading professional services organisations, has announced a three-year sponsorship programme with Transparency International (TI), the global civil society organisation leading the fight against corruption.

As part of its sponsorship, Ernst & Young will become a participant in the Global Corporations for Transparency International (GCTI) initiative and will specifically support TI’s highly regarded corruption measurement tools.

Announcing the sponsorship agreement, James S. Turley, Chairman and CEO of Ernst & Young Global, said, “Corporations have a vital part to play in the economic and social health of our communities. Corruption, and particularly its manifestation through bribery, can have devastating consequences for ordinary people far removed from the source of the crime. We can lead by example and help our clients deal with their own incidences of fraud and corruption when operating under challenging conditions.”

Turley added, “TI’s measurement tools are a major asset in the fight to change attitudes and behaviours across the globe, spotlighting the worst offenders and encouraging fundamental reforms. By supporting Transparency International, Ernst & Young is showing our commitment to encouraging a global environment where businesses can create lasting economic value in their communities.”

David Nussbaum, Chief Executive of Transparency International, said, “Through their generous contribution, Ernst & Young recognises the importance of Transparency International’s work in reducing the devastating impact of corruption on millions of people around the world. By supporting our measurement tools Ernst & Young is demonstrating its commitment to corporate transparency and integrity. This support contributes to the success of TI’s anti-corruption work and we are grateful.”

Patrick Mahassen, Resources Director at Transparency International added, “Transparency International seeks to engage all sectors of society in the fight against corruption. The success of this endeavour is reflected by the growing support we receive from the private sector. We are pleased that Ernst & Young have chosen to make the fight against corruption a priority.”

David L. Stulb, joint leader of the Ernst & Young global Fraud Investigations and Dispute Services practice, who will lead the relationship with TI on behalf of Ernst & Young, said, “Our own recent global fraud survey has highlighted corruption and bribery as the most threatening fraud risk in emerging markets. For many corporations the risk of employees using differences in local business practices to rationalise bribery is significant. TI is playing an important part in creating healthy business communities where unacceptable behaviours are recognized and discouraged.”

Transparency International seeks to provide reliable ways to measure levels of transparency and corruption, globally and locally. These quantitative diagnostic tools provide insights into the demand and supply sides of corruption. Through this sponsorship programme Ernst & Young will support three measurement tools and related launch events.

The measurement tools that will receive support as part of the sponsorship are:

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About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 107,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centred on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organisation of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients.

About Ernst & Young’s global Fraud Investigations and Dispute Services practice
The practice is focused on helping global organisations navigate through the intricacies of corporate investigations and the complexities that may arise out of today’s regulatory environment. In particular the practice focuses on three areas: fraud investigation; dispute services; and providing forensic legal technology support. Based in over 20 countries and operating worldwide, the practice brings together over 1000 specialist professionals including leading forensic accountants, former government and regulatory agency officials, and former prosecutors and law enforcement agents.

About Transparency International
Transparency International is the global civil society organisation leading the fight against corruption, with approximately 100 locally established national chapters and chapters-in-formation. These organisations fight corruption in the national arena by bringing together relevant players from government, civil society, business and the media to promote transparency in elections, in public administration, in procurement and in business. TI’s global network of chapters and contacts also use advocacy campaigns to lobby governments to implement anti-corruption reforms.

About Global Corporations for Transparency International
Global Corporations for Transparency International (GCTI) is a program for the private sector to support TI’s anti-corruption efforts. Acceptance of a donation by TI does not imply its endorsement of a donating company’s policies or record. Further information regarding Transparency International’s donation programme can be found at [1] www.transparency.org/supportus.