February 27, 2001 - Marakon Associates, an international strategy consulting firm that advises some of the world's largest and most admired companies, plans to open an office in Singapore early next month.

The office, to open on March 5, will be located on the fourteenth floor at 1 Finlayson Green near Raffles Place in the heart of Singapore's business district. Led by partner Alastair Campbell and senior manager Sandeep Malik, it will serve clients throughout Asia, focusing on those in Southeast Asia and Hong Kong.

"We are opening this office to serve the growing pool of Asian companies committed to building their capabilities to manage for shareholder value, and to better serve the Asian operations of our existing clients," said Chief Executive Ken Favaro.

The firm currently advises a number of leading companies based in the U.S. and Europe that have significant operations in Asia. Most are concentrated in the financial services, telecom/technology, consumer products and retail sectors.

Marakon works with top management to improve the decision-making capabilities and profitable growth potential of their companies by managing for shareholder value. Its clients rank among the world's best performing and most admired companies, and include ABN Amro, Boeing, Boots, BP Amoco, Cadbury Schweppes, Coca-Cola, Dow Chemical, Lloyds TSB and Prudential plc. Headquartered in New York, the firm also has offices in San Francisco, Chicago and London.

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For further information, or to arrange an interview with a Marakon partner, please contact David Fondiller at (212) 377-5016.