TRACE Releases First Summary of Global Anti-Bribery Activity

Global Enforcement Report 2010 Is First of Planned Annual Releases

WASHINGTON, June 10, 2010 - The good news is enforcement of international anti-bribery laws is
increasing. The bad news is many countries have yet to leave the anti-bribery
enforcement starting line.

TRACE International released its first-ever summary of worldwide
anti-bribery activity today, and it is evident from its data that enforcement
is gaining momentum. The TRACE Global Enforcement Report (GER) 2010
summarizes 33 years of enforcement activity by nations around the world.

The TRACE GER 2010 is based on data collected in the TRACE Compendium, a
compilation of information about international anti-bribery investigations,
formal cases and legal decisions the organization maintains as a public,
online tracking tool. The enforcement activities collected date to 1977, when
the United States passed and began to enforce the Foreign Corrupt Practices
Act (FCPA).

"There is considerable activity to report, which means that transparency
is being prioritized and laws prohibiting bribery of foreign officials are
increasingly being enforced," said Alexandra Wrage, President of TRACE.
"Although some of the conclusions from our analysis merely confirm expected
enforcement trends, TRACE GER 2010 includes some surprises."

One of those unexpected findings is that in terms of enforcing so-called
"inbound" bribery - or enforcement actions brought against a foreign company
or individual for offering a bribe to a country's own officials - South Korea
and Italy are the most aggressive enforcers. South Korea leads the
enforcement pack in this category, with 12 of the 96 inbound global
enforcements recorded; Italy has recorded nine.

The TRACE GER 2010 shows that the U.S.'s role as the anti-bribery first
mover has given it a clear lead in terms of the number of total enforcement
actions to date for "outbound" bribery; that is, cases and investigations
brought against companies and individuals for offering to bribe government
officials of other countries. Of the 515 outbound, or foreign, enforcement
actions reported in the TRACE Compendium, more than 75 percent, representing
390 bribery enforcement actions, are U.S. matters. The remaining 25 percent
are the result of the combined efforts of 21 other nations.

The United Kingdom ranks a distant second highest in the number of
outbound bribery actions, with 4.3 percent of the total, comprising 22
bribery enforcement reports.

Although anti-bribery enforcement activity is increasing, and new
entrants in the enforcement arena have emerged, much work remains. Of the 193
nations recognized by the United Nations, only 22 have enforced a foreign
anti-bribery law in the past 25 years.

According to Wrage, TRACE will publish the GER on an annual basis, with
TRACE GER 2010 serving as the organization's baseline measurement.

"This report summarizes data on the key dimensions of international
bribery enforcement, including outbound bribery, inbound bribery, the
countries in which alleged bribes are most frequently paid, and the
industries in which bribery enforcement cases originate," she said. "Future
Global Enforcement Reports will identify and update the trends in these
areas, as well as include other timely analyses of emerging patterns of
enforcement as such actions continue to increase around the world."

About TRACE

TRACE is a non-profit membership association that pools resources to
provide practical and cost-effective anti-bribery compliance solutions for
multinational companies and their commercial intermediaries (sales agents and
representatives, consultants, distributors, suppliers, etc.). TRACE provides
several core services and products, including: due diligence reports on
commercial intermediaries; model compliance policies; an online Resource
Center with foreign local law summaries, including guidelines on gifts and
hospitality; in-person and online anti-bribery training; and research on
corporate best practices.

For additional information about TRACE and the TRACE Compendium, please
visit www.TRACEinternational.org.

Jamie Moss of newsPRos, +1-201-493-1027, Jamie at newspros.com, for TRACE International