NACD Names Pro Mujer Board Chair Not-for-Profit Director of the Year

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Rita Foley first not-for-profit director to be honored.

Ms. Foley embodies excellence in corporate governance. She has demonstrated the ability to guide and advise Pro Mujer through changing circumstances, and has shown the independent-mindedness and courage all directors should aspire to. We are proud to honor her with this award.

Pro Mujer, a leading microfinance and women's development network in Latin America, is pleased to announce that Rita Foley, Chairman of the Pro Mujer board of directors, has been named Not-for-Profit Director of the Year by the National Association of Corporate Directors. The award will be presented on October 15, 2007, at the NACD 2007 Annual Corporate Governance Conference in Washington, D.C.

Ms. Foley is the first not-for-profit director to be honored by the NACD, a not-for-profit membership organization working to improve corporate director and board performance for public, private and not-for-profit entities.

NACD established the awards program 20 years ago to recognize board members who have demonstrated exceptional leadership in promoting the principles and best practices of good corporate governance.

"Rita Foley's commitment to advancing Pro Mujer's mission of providing Latin America's poorest women with the means to build livelihoods for themselves and futures for their families through microfinance, business training, and healthcare is an inspiration to all of us," said Ben Moyer, Pro Mujer's CEO. "Her leadership has guided Pro Mujer as we adopt the highest standards in sound governance."

Kenneth Daly, NACD President and CEO, commented, "Ms. Foley embodies excellence in corporate governance. She has demonstrated the ability to guide and advise Pro Mujer through changing circumstances, and has shown the independent-mindedness and courage all directors should aspire to. We are proud to honor her with this award."

Ms. Foleys' Background
Rita Foley has served on the Pro Mujer board of directors since 2003 and as Chairman since 2005. She is also a director of Healthcare Chaplaincy and of publicly-traded PetSmart and Dresser Rand. Ms. Foley is on the advisory boards of C2Media and Nina McLemore Inc. She is a past board member of the Council of the Americas and Wall Group. These appointments follow a successful business career which culminated at MeadWestvaco, where she served as Global President of the Consumer Packaging division.

Ms. Foley is a committed leader in numerous organizations dedicated to improving the health and lives of women in developing countries. In 2006 she received the Americans for UNFPA's Award for the Health and Dignity of Women for her dedication to improving the health and rights of women.

About Pro Mujer                                                
Pro Mujer is an international microfinance and women's development organization that offers financial services, business training and healthcare to poor women in Latin America, helping them to achieve economic security and improved health. Pro Mujer has presence in Argentina, Bolivia, Mexico, Nicaragua and Peru. Since its inception in 1990, Pro Mujer has disbursed more than US$327 million in small loans averaging approximately US$189. Pro Mujer clients have saved US$12 million, providing a financial buffer for their families in times of crises.

Pro Mujer is a 501(c)(3) tax-exempt organization. More information is available on the website, http://www.promujer.org

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Gloriana Guillen
Pro Mujer
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