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FEB-27-1997 14:33 FROM .OLIA TO P.03 E.0. 123$6: N/A SUBJECT: EDMOND SAFRA AND AMERICAN EXPRESS 1. THE JOURNAL DE GENEVE ON JULY 28, 1989, PUBLISHED AN ARTICLE WHICH REPORTS THAT AMERICAN EXPRESS WAS RESPONSIBLE FOR THE ALLEGATIONS WHICH HAVE APPEARED IN THE SWISS PRESS CONCERNING EDMOND SAFRA AND THE REPUBLIC NATIONAL BANK OF NEW YORK. SINCE SAFRA AND RNB HAVE FIGURED IN STORIES CONCERNING A LEAKED DRUG ENFORCEMENT ADMINISTRAIION REPORT, POST-IS TRANSMITTING A ROUGH TRANSLATION OF THE JOURNAL ARIICLE. 2. BEGIN ROUGH TRANSLATION: b? "SLANDERS AGAINST EDMOND SAFRA: AMERICAN EXPRESS STARTED IT ALL: THE AMERICAN GROUP ACKNOWLEDGES THE FACTS AND PUBLICLY APOLOGIZES" AN INCREDIBLE EPISODE OF TROUBLED RELATIONSHIP BETWEEN AMERICAN EXPRESS AND BANKER EDMOND SAFRA WAS BEEN MADE PUBLIC ON THURSDAY AFTERNOON. THE AMERICAN GROUP PUBLICLY ACKNOWLEDGED 27-02-1997 20:34 %96 P.03