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Nature Conservancy President Salutes the Visionary Leadership of Henry Paulson

Conservancy Board Chairman Nominated as U.S. Secretary of the Treasury

ARLINGTON, VA — May 30, 2006 — Steve McCormick, president and CEO of The Nature Conservancy highlighted the leadership of out-going Nature Conservancy Board Chairman Henry M. Paulson, who today was nominated by President Bush to be the next Secretary of the Treasury.

“Hank has brought leadership and strength to this organization through critical times,” said Steve McCormick, president and CEO of The Nature Conservancy. “Hank has an unmatched passion and commitment for conservation. A tireless advocate, he has been a voice for environmental issues at the highest levels of business and government. His mark on the Conservancy is indelible, and I know he will bring his visionary global perspective to the Department of the Treasury.”

In addition to serving as chairman and CEO of The Goldman Sachs Group, Paulson has served as Chairman of The Nature Conservancy’s Board of Directors since January of 2004. An ardent conservationist, Paulson joined the Conservancy’s Board of Directors in October of 2001. Paulson also was a driving force behind the Conservancy’s Asia Pacific Council, an advisory board comprised of public and private sector leaders created to help promote conservation and sustainable development across the Asia-Pacific region.

Under Paulson’s tenure, The Nature Conservancy made significant gains in global conservation and in strengthening governance and accountability. As Chairman, he played key roles helping define the organization’s global conservation vision, expand into new geographies and enhance the organization’s partnerships with the private and public sectors.

For more information:

• News Release: Nature Conservancy Announces New Board Chairman: John P. Morgridge
  The Nature Conservancy announced that John P. Morgridge, former President and CEO of Cisco Systems, Inc., will become the global conservation organization’s new Board of Directors chairman, effective immediately.
• About Us: Governance of The Nature Conservancy
  The Nature Conservancy is a leading international, nonprofit organization dedicated to preserving the diversity of life on Earth. We hold paramount the trust and responsibilities placed in us by our donors, members, colleagues, partners and the public.
• About Us: Board of Directors
  The Conservancy's Board of Directors is a diverse group of leaders who bring a variety of talents, experiences and expertise to the governance of the Conservancy. The Board holds ultimate legal and fiduciary responsibility for Conservancy operations.
• About Us: Accountability and Transparency
  As a charity, The Nature Conservancy holds itself accountable to its members, the public and all creatures that have a stake in the preservation of the world’s natural resources.