Evaluators will next choose 18 programs from
the pool of 50 for final consideration by early April.
Research has shown for every dollar invested in a supermarket, a $1.phfa.

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Being
nominated by Cpt.
Ernst + Young has also been nominated for the national "Freedom
Award," which is awarded by the Department of Defense.
The programs recognized by the Kennedy School of Government highlight the
positive impact we are having in changing government and making sure it serves
our 12.

Community Action Team (CAT)
Governor Rendell launched the Community Action Team initiative in early
2004 to help communities access and understand the resources available for
high-impact community and economic development projects. GPUAC
works with women and minorities to improve contracting opportunities. The agency then has 60 days to
evaluate the application and render a decision.state.

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About Ernst + Young

Ernst + Young, a global leader in professional services, is
committed to restoring the public's trust in professional services
firms and in the quality of financial reporting.45
multiplier effect is applied to the economy .
"This supermarket initiative will not only create new jobs in underserved
neighborhoods throughout the commonwealth, it will also promote healthy living
by providing Pennsylvanians with access to nutritious and affordable food,"
said DCED Secretary Dennis Yablonsky. This Act 91 Notice informs the borrower of the assistance
program, and directs them to meet with one of 80 consumer counseling agencies
within 30 days.

CONTACT: Kate Philips, Pennsylvania Office of the Governor,
+1-717-783-1116

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com/perspectives."
CAT helps the state's 53 third-class cities , 25-30 larger boroughs, and
approximately 60 inner-ring townships gain access to the Governor's $2. Each plays a vital role
in the program's success, with the state and Reinvestment Fund contributing
and coordinating funding, and The Food Trust connecting supermarket operators,
developers and communities with financial and technical resources. Of 53 applicants, 16 additional proposals have been
deemed eligible for funding. This
innovative program has addressed this problem.
PHFA Executive Director and CEO Brian Hudson said the program plays an
important role in supporting families and communities.
It was this high success rate, combined with relatively low interest rates
over the period, which allowed the program to survive the years when no
funding was allocated .

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Ernst + Young was nominated for the award by Cpt., Pennsylvania Governor Edward G."
CAT was modeled after the Governor's Action Team -- a team of high-energy
development professionals who report directly to the Governor and organize
financing and incentive packages for businesses. "Agriculture businesses, including
supermarkets, have the same capitalization needs that other businesses do, and
assistance to these vital sectors of our economy has been long overdue.

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As mayor of
Philadelphia , the Governor got a first-hand glimpse of the difficulty in
assembling financing packages for projects under the state's inefficient
delivery system.
As Governor Rendell said in 2004: "It is easy to scatter money and fund
modest undertakings, as was previously the case.8
billion economic stimulus package and other commonwealth funding programs.
"Buying a home is one of the most stressful events in life, losing a home
is worse.

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General
Hollingsworth was appointed by President Bush to lead the Employer
Support of the National Guard and Reserve."
In addition to providing extended benefits to Ernst + Young
employees serving in the National Guard and Reserves, the firm has
developed a website for their families.
The Ash Institute for Democratic Governance and Innovation, part of the
Kennedy School of Government, named the Governor's Community Action Team
program, the Fresh Food Financing Initiative and the Homeowner's Emergency
Mortgage Assistance Program as three of the top 50 programs in its 2006
Innovations in American Government Awards competition.
Governor Rendell said the state needed to become more engaged in helping
communities coordinate projects.

Since its inception, the program has not only brought nutritious food
options to inner cities and rural communities, Fresh Food has created new jobs
and revitalized low-income neighborhoods.

"
The program was only to last three years, but due to the economic downturn
and recession of the 1980s, demand for the program persisted. Approximately 85 percent of these families have been able to remain
in their home thanks to the program, while $200 million has been repaid.

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"At Ernst + Young, we feel that it is essential
to provide the highest level of support to our employees.
"Throughout the past three years, we have focused on innovative solutions
and programs to help improve the quality of life of our citizens," Governor
Rendell said.
The Brookings Institution validated this assessment in Back to Prosperity,
a highly critical report of the state's community and economic development
policies prior to Governor Rendell taking office.
"The successful implementation of CAT projects across the commonwealth is
the result of the tremendous partnerships formed among the state's private
developers and communities through the Community Action Team process ," said
CAT Executive Director Jackie Parker. Through December 2005, Fresh Food
has funded nine projects generating 1,115 jobs and nearly 300,000 square feet
of food retail space.
After six years of receiving no state appropriation, Governor Rendell
restored funding to the program in fiscal year 2004-05 with $5 million.

For more information on the Governor's Community Action Team or the Fresh
Food Financing Initiative, visit http://www.

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The "Above and Beyond" award is given in limited numbers by state
and territory ESGR committees.ey.

To help our communities grow
and prosper, we must become an active partner and encourage a 'bottoms-up'
approach where communities cooperate to develop projects on a larger scale and
scope.
Fresh Food is designed to serve the financing needs of supermarket
developers in communities where infrastructure costs and credit needs are not
met by conventional financial institutions.com; for the Homeowner's
Emergency Mortgage Assistance Program, go to http://www.

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"
The 50 programs selected by the Ash Institute represent the top five
percent of initial applicants.

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DCED's $20 million investment has been leveraged through additional
private and public sector funds to create an $80 million financing program
that will be distributed through grants and loans to spur further investment.newpa.

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"That has meant working to help our most vulnerable, our
families and our communities. "The CAT philosophy of sustained
engagement, planning, assistance and implementation allows the commonwealth to
target its resources using a more efficient delivery system, helping
communities to realize their priority projects.

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Its 100,000 people in
140 countries pursue the highest levels of integrity, quality, and
professionalism in providing a range of sophisticated services
centered on our core competencies of auditing, accounting , tax, and
transactions. Further information about Ernst + Young and its approach
to a variety of business issues can be found at
www.
Rendell today hailed the decision by Harvard University 's Kennedy School of
Government to name three Pennsylvania programs as among the most innovative in
the nation.

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The award is
presented to organizations that are leaders in providing exceptional
policies and benefits in support of the men and women who serve the
United States of America in the Guard and Reserve.
"Ernst + Young's New England Area practice is honored to receive
the 'Above and Beyond' award from the Massachusetts Employer Support
for the Guard and Reserve," said Dan Kaye , Ernst + Young's New England
Area Managing Partner. We are leveraging our resources and delivering
services more efficiently.us.

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Dwight Evans (D-Philadelphia) in September 2004.
Another $5 million was appropriated in FY 05-06.
Since 2003, HEMAP has approved more than 7,500 loans.

The Rendell Administration is committed to creating a first-rate public
education system, protecting our most vulnerable citizens and continuing
economic investment to support our communities and businesses .

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This site allows family
members to support one another as they face similar challenges while
their loved ones are away serving their country. HARRISBURG, Pa. Governor Rendell said these pioneering programs are providing
needed resources and support to disadvantaged citizens and communities across
the commonwealth.4 million residents. The report said
Pennsylvania was notorious for scattering its resources with little
consistency or strategic targeting. Following the meeting, the borrower has an additional 30 days
to submit a HEMAP application to PHFA.

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Harvard's Kennedy School Recognizes Three PA Programs Among Nation's Most Innovative; Pennsylvania Governor Rendell Delivers on Pledge to do Business Different

Over the same time
period, $47 million has been repaid and nearly 6,000 loans have been closed
after being paid in full.

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Ernst + Young Receives ''Above and Beyond'' Award from Massachusetts Employer Support for the Guard and Reserve; Companies Are Nominated by Active Reservists

Business Editors

BOSTON----Ernst + Young LLP, a global
leader in professional services , announced today that it was recently
recognized by the Massachusetts Employer Support for the Guard and
Reserve (ESGR) with the "Above and Beyond" award for employers or
agencies who have gone above and beyond the Uniformed Service
Employment and Re-Employment Rights Act (USERRA) law. This honor was
created to recognize American employers who provide exceptional
support to their employees voluntarily serving the nation in the
National Guard and Reserve. It also criticized the state's neglect of
older communities."

Homeowner's Emergency Mortgage Assistance Program (HEMAP )
Administered by the Pennsylvania Housing Finance Agency (PHFA), HEMAP was
established by the General Assembly in 1983, through Act 91, to prevent
widespread mortgage foreclosures and distress sales when a homeowner is
confronted with circumstances beyond his control. HEMAP is a one-of-a -kind program.

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Mascovitz is especially rewarding because we know he
feels the same sense of pride in Ernst + Young that we have in him and
his brave service to our country. He encouraged neighboring towns and boroughs
to work together on mixed-use projects to benefit a larger region.
The initiative is jointly managed by the Department of Community and
Economic Development (DCED), The Food Trust, The Reinvestment Fund, and the
Greater Philadelphia Urban Affairs Coalition (GPUAC).

org.

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Kate Barton, Ernst + Young's New England Area Tax
Managing Partner, accepted the award on behalf of the firm from
General Bobby Hollingsworth during a ceremony on April 30.

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Taylor Mascovitz
of Ernst + Young's International Tax Services Group, who was activated
from the Massachusetts National Guard last fall and is currently
serving in Iraq. Winners will be recognized by Secretary of
Defense Donald Rumsfeld during a ceremony on May 5, 2005.
The Governor started the Community Action Team and Fresh Food Financing
initiatives, and funded the Homeowner's Emergency Mortgage Assistance Program
for the first time in six years. Through CAT, communities
work with strategic investment officers during the planning and development
stage to prepare financial plans, coordinate with developers , and eliminate,
or resolve, bureaucratic obstacles.

Fresh Food Financing Initiative
The nation's first statewide effort to develop urban and rural
supermarkets, the Fresh Food Financing Initiative was unveiled by Governor
Rendell and Rep.
In total, the program has disbursed $365 million in loans, helping more
than 35,000 families -- roughly 139,000 people -- meet their mortgage
payments.pa.

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To bring projects to fruition,
the initiative analyzes market conditions, leverages capital and encourages
public policy to stimulate development. These projects have the potential to create an
additional 665 jobs and add another 318,000 square feet. It is a great foreclosure
prevention program that works. To find out
more about Governor Rendell's initiatives and to sign up for his weekly
newsletter, visit his Web site at: http://www.governor.

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HEMAP requires lenders to notify delinquent borrowers who are 60 days past
due on their loan.

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It recognizes employers at the state
and local level who have gone above and beyond the legal requirements
for granting leave and providing support for military duty by their
employees. Ernst + Young refers to all the members of
the global Ernst + Young organization.
"We have made, and continue to make, investments that are helping people,
creating new jobs, rebuilding our economy, and revitalizing our communities .