Mr. John S. Wadsworth, Jr. is an Advisory Director of Morgan Stanley Dean Witter and an Honorary Chairman of Morgan Stanley Dean Witter Asia. In these capacities, Mr. Wadsworth has retired from the active management of the firm's business in Asia. Morgan Stanley Dean Witter Asia incorporates all of the Firm's businesses for non-Japan Asia and Australia, carried out through offices in Hong Kong, Singapore, Bangkok, Seoul, Taipei, Mumbai, Melbourne, Sydney, Shanghai, and Beijing. In addition to his responsibilities in non-Japan Asia, Mr. Wadsworth had policy and strategic oversight for the Firm's business in Japan.

Mr. Wadsworth joined Morgan Stanley as a Managing Director in 1978. In September of 1987, Mr. Wadsworth moved to Japan where he was President of Morgan Stanley Japan, Chairman of its Executive and Operating Committees and head of the Firm's investment banking business in Asia. In January of 1992, Mr. Wadsworth moved to Hong Kong. Mr. Wadsworth will move back to San Francisco on March 1, 2001.

Mr. Wadsworth is a Trustee of the Asia Society, the Vice Chairman of The Pacific Basin Economic Council (PBEC) United States Member Committee, a Trustee of Williams College, and a member of the Board of the Guggenheim Museum of New York. In addition, Mr. Wadsworth is Chairman of the Board of Directors of Littleford Brothers Inc. in Florence, Kentucky. Mr. Wadsworth earned a B.A. from Williams College, and a M.B.A. from the University of Chicago Graduate School of Business.