GM and MGM MIRAGE Leaders Named Honorary Co-Chairs of the USHCC 25th Annual National Convention & Business Expo in Austin; Convention to Celebrate 25 Years of Hispanic Enterprise

WASHINGTON & AUSTIN, Texas--April 30, 2004--Gary Cowger, GM Group Vice President and President of GM North America; and J. Terrence Lanni, Chairman and CEO of MGM MIRAGE, have been named honorary co-chairs of the United States Hispanic Chamber of Commerce (USHCC) 25th Annual National Convention and Business Expo, to be held in Austin, Texas from September 15-18, 2004. This year's convention is slated to be the largest celebration in USHCC history and will highlight the impact of Hispanic entrepreneurship on our nation.

"This year, we are proud to have two highly respected corporate leaders on board as we plan our 25th Annual Convention. Gary Cowger and Terry Lanni not only lead two of the leading corporations in the country, but they are also longtime supporters of the Hispanic business community," noted J.R. Gonzales, USHCC Acting President/CEO. "With their extensive business expertise, we anticipate our 25th Annual Convention to be a history-making endeavor that will empower the Hispanic community with the skills they need to succeed in today's competitive economy."

As GM Group Vice President and President of GM North America, Cowger oversees all GM operations in the United States, Canada, and Mexico. In addition, he functions as the global process leader for manufacturing. He is a member of the Automotive Strategy Board and chairman of the North America Strategy Board. Previously, Cowger served as Group Vice President in charge of GM manufacturing and labor relations since January 1, 2001; Group Vice President of Labor Relations since November 1, 1998; and Chairman and Managing Director of Adam Opel AG since June 19, 1998.

J. Terrence ("Terry") Lanni, is Chairman of the Board and Chief Executive Officer of MGM MIRAGE, one of the world's leading hotel and gaming companies headquartered in Las Vegas, Nevada. Lanni also serves as Chairman of the Executive Committee of the Board of Directors. Mr. Lanni joined MGM Grand, Inc. on June 1, 1995, as President & CEO and a member of the Board of Directors. In July 1995 he was named to his current position. In May 20, 200400, he oversaw the acquisition of Mirage Resorts by MGM Grand, Inc., thereby creating MGM MIRAGE.

The USHCC 25th Annual Convention and Business Expo will convene chamber executives, Fortune 500 corporate business leaders and Hispanic elected officials in Austin, Texas for four days of networking, discussion and information gathering. The event will feature a series of comprehensive business training and best practice sessions offering expert analysis and advice to help foster the growth and development of Hispanic business-owners. For more information about sponsorship and registration for the USHCC Convention and Business Expo, please call 1-800-874-2286 or visit www.ushcc.com.

The USHCC represents the interests of more than 1.2 million Hispanic-owned businesses in the United States and Puerto Rico, which earn more than $200 billion annually. It serves as the umbrella organization for more than 150 local Hispanic chambers nationwide, and it actively promotes the economic growth and development of Hispanic entrepreneurs.