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Investors Bank welcomes Barclays Global Investors.

BOSTON--(BUSINESS WIRE)--Nov. 19, 1996--Investors Bank & Trust Co. welcomes Barclays Global Investors, a San Francisco based money manager.

Barclays has chosen Investors Bank & Trust Co. to provide a wide variety of financial services, including custody, master-feeder processing, administration

and securities lending. Investors Bank is an industry leader in master-feeder processing with nearly $30 billion in multi-tiered fund assets processed and $111 billion in total assets processed. Investors Bank looks forward to an exceptional business relationship with Barclays Global Investors. For additional information visit our web site at www.investorsbnk.com/biz/ibt.

CONTACT: Investors Bank & Trust Co.

Karen C. Keenan, 617/330-6001

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