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OLIA TO 40'd FEB-27-1997 14:33 FROM ALLEGATIONS PUBLISHED THE MEDIA AROUND THE WORLD, WHICH ACCUSED MR/ SAFRA*S BANK OF HAVING BEEN INVOLVED IN MONEY LAUNDERING. BY LETTER SIGNED BY ITS VARIOUS CHARITABLE AND PUBLIC SERVICE ORGANIZATIONS, SUCH AS THE INTERNATIONAL COMMITTEE OF THE RED CROSS AND THE GENEVA CANTONAL HOSPITAL, AS A SYMBOLIC WAY OF MAKING AMENDS. MR. SAFRA AND HIS ADVISERS REMARKED THAT IDENTICAL ARTICLES APPEARED IN DIFFERENT MEDIA AROUND THE WORLD, IMPLICATING THE BANKER AND THE REPUBLIC NATIONAL BANK, THE INSTITUTION HE b2 b6 ContRoLs, AN INVESTIGATION OF SEVERAL MONTHS b7C LED TO THE COMMON SOURCE OF ALL ARTICLES, AMERICAN EXPRESS. THE AMERICAN GROUP HAS'BEEN FORCED TO ACKNOWLEDGE THE FACTS, TO STOP THE CAMPAIGN AND TO ACCEPT AN AMIABLE SOLUTION IN THE FORM OF A PUBLIC APOLOGY. BELOW, WE REPRODUCE THE CONTENTS OF IHE LETTER ADDRESSED BY TO MR. SAFRA IN ITS FRENCH 96% P.04 27-02-1997 20:02