People from India serve with distinction in American businesses, in the
sciences and the arts. Today our two democracies have formed
a strategic partnership to bring the benefits of liberty to others, to expand
global prosperity through free and fair trade, and to confront the challenges
of our time.
It's my honor now to toast to you, sir, and to the great nation of India . She has been an active member of the Interfaith Center on
Corporate Responsibility, where she co -chaired the Global Warming Working
Group, and the Social Investment Forum.

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As great nations, we now have an opportunity to lead, and
America values the leadership of the great nation of India.

M. NEW YORK, TIAA-CREF, the financial services
organization and leading provider of retirement security in the academic,
medical and cultural fields, announced today that Amy Muska O'Brien has been
named Director of Social Investing.

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(A toast is offered.

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Remarks by President Bush in an Exchange of Toasts at State Dinner

Both our nations can take pride in their achievements . O'Brien was research manager at the Council on Economic
Priorities, a non-profit research firm that pioneered the field of corporate
social and environmental responsibility ratings for investors and consumers. Further information can be found
at http://www.

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(Local)

PRESIDENT BUSH: Mr . O'Brien will work on a wide range of social and community investing
initiatives across TIAA-CREF .

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We share common interests rooted in common belief that freedom
can change lives and transform nations .

TIAA-CREF Names Amy Muska O'Brien New Director of Social Investing

Ms. O'Brien oversaw the organization 's core research projects and served as
its representative to the inaugural Steering Committee of the Global Reporting
Initiative.

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WASHINGTON, The following is a transcript of
remarks by President Bush at a state dinner:

Rashtrapati Bhavan
New Delhi, India

8:45 P. (Local )

S.

About TIAA-CREF
TIAA-CREF is a national financial services organization and the leading
provider of retirement services in the academic, research, medical and
cultural fields.

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S.org .

Contact

Stephanie Cohen Glass
212-916-4993
Mobile: 917-526-1534
scohenglass@tiaa-cref.

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Thousands of years ago the people of
this region built great cities, established trading routes with distant lands,
and created wonders of art and architecture ."
Ms.

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O'Brien holds a Master's of Science degree in Environmental Management
and Policy from Rensselaer Polytechnic Institute, and a B.

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President, again, Laura and I express our deepest heartfelt thanks. There,
she developed and implemented socially responsible investment strategies
including social screening, proxy voting guidelines and shareholder activism
for the $2.

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companies (April 2005 ).

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M. President, Prime Minister and distinguished guests,
Laura and I thank you for such a warm welcome .
Americans are proud that our nation is home to more than 2 million individuals
of Indian decent .
Ms.

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It's a wonderful dinner
tonight. The contributions of our Indian American community
have made America a better nation and they've helped strengthen our ties with
India.
"Amy is a nationally recognized leader in the socially responsible
investing community," said Scott C .
Previously, Ms. from Boston
College.

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It is home to a proud civilization.)

END 8:47 P. O'Brien joins TIAA-CREF from the Pension Board of the United Church of
Christ , where she was the Director of Corporate Social Responsibility.

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Its reputation for wealth and
wisdom attracted many brave explorers -- one of them never did complete his
journey and he ended up in America . Among her responsibilities will be overseeing
the social screening of such funds as the CREF Social Choice Account, acting
as liaison to participants and other stakeholders in connection with the
company 's social- and community-focused investments, and providing leadership
to the company on socially responsible and community investing issues.org

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2 million participants.tiaa-cref.

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We're grateful for your hospitality, and we appreciate the
opportunity to visit your beautiful country.
Mr .5 billion pension fund and the denomination's $600 million
foundation.
Ms.

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Evans, TIAA-CREF 's Chief Investment
Officer.

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Like India, America respects faith and family and is rich in diversity .
The relationship between our two nations is strong and it rests on a firm
foundation. "She is the ideal person to join our team and will be instrumental in
helping to ensure that our social investing advances the goals of our
3. With more than $340 billion in combined assets under
management (3/31/05), TIAA-CREF is ranked one of Fortune magazine's 100
largest U.

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